Medical Office with Carriage
619 S Main, Templeton, CA 93465
For Sale
$538,000
Pending
A reception area, two private rooms, administrative space, and a detached outbuilding support a compact professional layout.
Property Size687 SF
Days on Market17
Property Features for 619 S Main
General Information
Standard status
Size
Property subtype
Additional Details
Road Access
Property Use
Medical Specialty
Building Details
Building Size
Stories
Tenancy
Listing Agency:
GUIDE Real Estate
Listed By:
Lorelei Komm · License #01241913
(805) 286-0299
Source:
Landcorerealty
Added: Oct 24
Changed: Nov 8
Last Checked: Nov 8 at 2:06PM
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 GUIDE Real Estate
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Investment Insights
Based on property information with market context.
This medical office property includes a reception and waiting area, two rooms suitable for office or patient use, administrative space, a bathroom, and a utility room. A separate carriage house adds storage capacity. The interior was recently repainted, and the exterior received paint several years ago.
The property is on South Main Street in downtown Templeton, within walking distance of local restaurants and wine-tasting venues. Templeton Park is a few blocks away and hosts a Saturday farmers market, summer concerts, and other community events. The surrounding downtown area includes medical and financial offices, banking, retail, and restaurants.
The property is on South Main Street in downtown Templeton, within walking distance of local restaurants and wine-tasting venues. Templeton Park is a few blocks away and hosts a Saturday farmers market, summer concerts, and other community events. The surrounding downtown area includes medical and financial offices, banking, retail, and restaurants.
Key Highlights
- Medical office layout with reception and waiting area, two office or patient rooms, and administrative space
- Detached carriage house provides additional storage space
- Interior paint recently refreshed; exterior paint completed several years ago
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,913
Cap Rate
3.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$378,260
$378.3K
Cap Rate 7%
$270,186
$270.2K
Cap Rate 9%
$210,144
$210.1K
Market Conditions
NOI Build-Up for 687 SF
Gross rent
$32.6K $47.40/SF
− Vacancy
−$1.0K −$1.52/SF
EGI
$31.5K $45.88/SF
− OpEx
−$12.6K −$18.35/SF
NOI
$18.9K $27.53/SF
Area
San Luis Obispo County, CA
Vacancy
3.20%
Lease Rate
$47.40 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$378,260
Cap Rate 7%
$270,186
Cap Rate 9%
$210,144
Alternative Uses
Best Use
Healthcare Medical
$270.2K
$236.4K – $315.2K
NOI $18,913 @ 7.0% cap · market cap 3.52%
Second Best
Office B
$182.7K
$159.8K – $213.1K
NOI $12,786 @ 7.0% cap · market cap 2.38%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
509
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 93465, CA
10,121
Population
4,160
Households
2.4
Avg Household Size
44
Median Age
47%
College-Educated
97%
High-School Grad
84.6 sq mi
ZIP Area
120
Density / Sq Mi
$120,843
Median Household Income
$54,703
Median Earnings
$2,417
Median Rent
$875,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - A reception area, two private rooms, administrative space, and a detached outbuilding support a compact professional layout.
Where is this medical office space located?
The property is located at 619 S Main Templeton, CA.
What is the asking price?
The asking price for this property is $538,000.
What are key features of this property?
This property features: Medical office layout with reception and waiting area, two office or patient rooms, and administrative space; Detached carriage house provides additional storage space; Interior paint recently refreshed; exterior paint completed several years ago
