8501 El Camino Real, Atascadero, CA 93422
For Sale
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This exceptional 1,700 square foot retail property, situated on a 0.07-acre lot at 8501 El Camino Real in Atascadero, CA, presents a unique investment opportunity. The building is ideally suited for a full-service restaurant, boasting a fully functional kitchen equipped with a new gas line installed in 2023 to accommodate large appliances such as the recently installed grill and rotisserie. Significant upgrades enhance its appeal: a new roof (2023), a new kitchen hood and fire suppression system (2023), and major system renovations completed in 2017, encompassing plumbing, electrical, and HVAC. The property includes two restrooms, ADA-compliant improvements, and comfortable indoor and outdoor seating on a private back patio. This turnkey operation offers immediate potential for a new owner. The asking price of $950,000 includes all furniture, fixtures, and equipment. Owner financing is available with 50% down, contingent upon agreeable terms. This prime Central Coast location ensures high visibility and accessibility, making it an attractive proposition for discerning investors seeking a profitable venture.
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Fuego Rosticeria Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CR · Atascadero, CAAtascadero. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.