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    8501 El Camino Real Atascadero, CA 93422

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    8501 El Camino Real Atascadero, CA 93422


    • Turn key restaurants
    • 1,975 SF
    • 0.07 lot acres
    Atascadero Retail Space - Prime Location For Sale
    $950,000
    1,700 SF

    Atascadero Retail Space - Prime Location

    Restaurant Building, Fully Equipped, Turnkey Operation

    8501 El Camino Real, Atascadero, CA 93422
    View Listing
    Property ID
    US09-1325621
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Fuego Rosticeria / Restaurant

    Property Details for 8501 El Camino Real

    Year built
    1918
    Construction
    WOOD
    Lot size
    0.07 lot acres
    Property size
    1,975 SF
    Zone code
    CR
    Property type
    Turn key restaurants
    APN
    030-512-006
    APU
    30512006

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $755,000
      ML approach
      $755,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $830,000
      Market price range: $510k - $1.68M
    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $995,000
      Current use
      AUTO REPAIR, GARAGE
      $905,000
      Change: -9% Conversion: Difficult
      MEDICAL BUILDING
      $810,000
      Change: -18% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Atascadero
    County
    San Luis Obispo
    State
    California
    Longitude
    -120.654
    Latitude
    35.4736
    CBSA code
    42020
    CBSA name
    SAN LUIS OBISPO-PASO ROBLES, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $11,732
    $255,000
    $488,600
    $743,600
    -
    $0.00
    $0.00
    $0.00
    View Listing
    More about this property
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