935 Riverside AVE 24 Paso Robles, CA 93446
End-unit second-floor office condo with a reception area, private offices, kitchenette, private restroom, and covered balcony entry.
Property Features for 935 Riverside AVE 24
General Information
- Standard status
- Active
- Size
- 800 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1979
Listing office Central Coast Sotheby's International Realty (805) 423-0359
Listing date Jun 18, 2026
Source Exitrealty
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Investment Insights
Based on property information with market context.
The property is located at Alliance Square, described as a recognized commercial address in downtown Paso Robles. The building offers abundant on-site parking and visibility, with quick freeway access for commuting clients and staff. It is also noted to be steps from the new Ava Hotel and minutes from downtown Paso Robles’ restaurants, wine tasting rooms, and retail.
With its end-unit privacy and purpose-built interior configuration, the space is presented as suitable for professional uses requiring both presence and separation of work areas.
Key Highlights
- 1979‑built, end‑unit second‑floor office condo at Alliance Square
- Approx. 800 SF office space with reception, multiple private offices, and open work area
- Kitchenette with full upper and lower cabinetry
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 | $21.1k | $26.40 |
| − Vacancy | −$1.3k | −$1.58 |
| EGI | $19.9k | $24.82 |
| − OpEx | −$5.0k | −$6.20 |
| NOI | $14.9k | $18.61 |
