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End Unit Medical Office Condo

4555 El Camino Real Unit A Atascadero, CA 93422

4555 El Camino Real Unit A, Atascadero, CA, 93422
$493,500
For Sale
$493,500

End unit medical office condo with reception, three offices, two bathrooms, and ample parking within San Anselmo Center.

Property Size2,053 SF
Price / SF$240.38
Days on Market225

Property Features for 4555 El Camino Real Unit A

General Information

Standard status
Active
Size
2,053 SF
Property subtype
Office

Building Details

Year Built
1987
Listing agency Century 21 Masters
Listed by Richard Shannon · License #00619856
Source Xome
Added: Dec 9, 2025 Updated: Jul 22 at 2:02AM Checked: Jul 22 at 3:48AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Masters


Investment Insights

Based on property information with market context.

This prime commercial condo is an end unit within the San Anselmo Center and is positioned along one of Atascadero’s main corridors. The current layout includes a large reception area, three offices, two bathrooms, and a large rear room. The property has been very well maintained.

Ample parking and prominent placement in the center support convenient customer and staff access. The condo has maintained 100% occupancy for the last 15 years and features a new 7-year lease with Dignity Health.

The space totals 2,100 square feet and is currently occupied under the existing lease arrangement.

Key Highlights

  • End unit medical office condo in San Anselmo Center with 2,100 SF of interior space
  • Layout includes a large reception area, three offices, and two bathrooms
  • 3 guest facilities included in the property information

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $54.2k $26.40
− Vacancy −$3.3k −$1.58
EGI $50.9k $24.82
− OpEx −$12.7k −$6.20
NOI $38.2k $18.61
2,053 SF · lease $26.40/SF/yr · vacancy 6.00% · expense 25.00%

Alternative Uses

Best Use
Healthcare Medical
$807.4K
$706.5K – $942.0K (±1% cap)
NOI $56,519 @ 7.0% cap · market cap 11.45%
Second Best
Office B
$545.9K
$477.6K – $636.8K (±1% cap)
NOI $38,210 @ 7.0% cap · market cap 7.74%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Fuller Stephanie Marriage Or Relationship Counselor SLO TAX PRO Tax Preparation Stanley Laurence Muenter Dental Office Dr. Mark Romanelli Dental Office Home Health Care ... Rehabilitation Center

Suggested Use

Building Supply Restaurant Law Firm Auto Parts Store Big Box & Wholesale Store HVAC Service Real Estate Agency Parking Lot & Garage Pharmacy Food Market

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office units - End unit medical office condo with reception, three offices, two bathrooms, and ample parking within San Anselmo Center.
Where is this office units located?
The property is located at 4555 El Camino Real Unit A Atascadero, CA.
What is the asking price?
The asking price for this property is $493,500.
What are key features of this property?
This property features: End unit medical office condo in San Anselmo Center with 2,100 SF of interior space; Layout includes a large reception area, three offices, and two bathrooms; 3 guest facilities included in the property information
Contact an agent
More about this property
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