Property profile

8501 San Ramon Rd Atascadero, CA 93422

FOR SALE
Turn key restaurants
Property ID
US09-Q023926
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Property summary

AI-generated overview

Welcome to 8501 El Camino Real, a PRIME LOCATION restaurant in Atascadero with the BUSINESS & EVERYTHING INCLUDED (optional)! Located on the highly visible main street of Atascadero, this FULLY RENOVATED 1, 775 sq. ft. restaurant building with a private OVERSIZED BACK PATIO outdoor seating offers the perfect turn-key opportunity for your next food and beverage concept. The property underwent major system upgrades in 2017, including NEW electrical, plumbing, HVAC, and ADA-compliant restrooms, and has continued to be improved with a new roof, new gas line, and a brand-new commercial kitchen hood and fire suppression system installed in 2023. The building features a fully functional kitchen capable of handling large-scale appliances, two restrooms (with ADA improvements), and both indoor and outdoor dining areas. Indoor seating accommodates approximately 30 guests, with an additional 26 seats on the private back patio with ADA access. Situated in San Luis Obispo County’s fast-growing food and beverage corridor, surrounded by popular breweries, wineries, and restaurants, this location benefits from steady foot traffic and excellent visibility in one of the Central Coast’s most desirable markets. With all major systems updated, prime visibility, and a proven restaurant footprint, this property is ready for a new operator to hit the ground running.

Property profile

Verified
Property type Turn key restaurants
UPID US09-Q023926

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

8501 San Ramon Rd Atascadero, CA 93422
Atascadero metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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