Restaurant Building with Back
Atascadero, CA 93422 Atascadero, CA 93422
New
Atascadero, CA, 93422
$750,000
For Sale
$750,000
COMMERCIAL - Atascadero, CA
Property Size1,775 SF
Price / SF$422.54
Days on Market7
Property Features
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
Building Details
- Year built
- 1918
Listing agency
NextHome Central Coast
(805) 773-7777
Listed by
The Hegney Group · License #55555,PersonLicenseNumber
(805) 773-7777
Added: Jul 16 Updated: Jul 20 at 4:00PM Checked: Jul 22 at 6:06AM
MLS# PI26092770
Copyright © 2026 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This fully renovated restaurant building is offered as a turn-key food and beverage space, featuring a private oversized back patio with ADA access. The property includes a fully functional commercial kitchen with the ability to support large-scale appliances, two ADA-upgraded restrooms, and both indoor and outdoor dining areas. Indoor seating accommodates approximately 30 guests, with an additional 26 seats on the private back patio.
The building is located on a highly visible main street in Atascadero, and the area is described as being surrounded by breweries, wineries, and restaurants.
Major system upgrades were completed in 2017, including new electrical, plumbing, HVAC, and ADA-compliant restrooms. Additional improvements include a new roof and a new gas line, with a brand-new commercial kitchen hood and fire suppression system installed in 2023.
The building is located on a highly visible main street in Atascadero, and the area is described as being surrounded by breweries, wineries, and restaurants.
Major system upgrades were completed in 2017, including new electrical, plumbing, HVAC, and ADA-compliant restrooms. Additional improvements include a new roof and a new gas line, with a brand-new commercial kitchen hood and fire suppression system installed in 2023.
Key Highlights
- Fully renovated 1,775 SF restaurant building built in 1918
- Main‑street location in Atascadero with private oversized back patio outdoor seating
- Major system upgrades in 2017: new electrical, plumbing, HVAC, and ADA‑compliant restrooms
Local Financial Insights For Specialty Retail
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 | $35.6k | $20.04 |
| − Vacancy | −$1.7k | −$0.96 |
| EGI | $33.9k | $19.08 |
| − OpEx | −$8.5k | −$4.77 |
| NOI | $25.4k | $14.31 |
1,775 SF · lease $20.04/SF/yr · vacancy 4.80% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$362.8K
$317.5K – $423.3K
NOI $25,398 @ 7.0% cap · market cap 3.39%
Second Best
Industrial
$257.5K
$225.3K – $300.4K
NOI $18,022 @ 7.0% cap · market cap 2.40%
Theoretical Best
Healthcare Medical
$698.1K
$610.8K – $814.4K
NOI $48,866 @ 7.0% cap · market cap 6.52%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Fully renovated restaurant building with a private oversized back patio and an upgraded commercial kitchen and systems.
Where is this conventional restaurant located?
The property is located at Atascadero, CA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Fully renovated 1,775 SF restaurant building built in 1918; Main‑street location in Atascadero with private oversized back patio outdoor seating; Major system upgrades in 2017: new electrical, plumbing, HVAC, and ADA‑compliant restrooms
