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200 Five Cities Drive

Pismo Beach, CA 93449
  • $1,600,000
  • STATUS: Active
  • ON SITE: 23 Days
  • ID#: SR24232392
UPDATED: 2 min ago
$1,600,000
  • 0
    BEDS
  • 0.29
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1998
County:

School Ratings & Info

Listing Agent(s): Raymond Rodriguez of Equity Union (805-892-8119)


Description

200 Five Cities Drive., operating as Pismo Beach Shell Gas & Sam's Food Market, is a two-story, single-tenant fuel station and convenience store located in the City of Pismo Beach, California. The building construction is of unknown framing with a pitched metal Loc-Panel roof and painted stucco exterior. Development was completed in 1998 and per city building permits, the structure consists of 2,786+/- square feet of improvements, situated on a 12,600+/- square foot lot, currently zoned C1 with permitted use as a retail gasoline station and convenience store.The Fee-Simple Shell Gas Station features a convenience store, a water & air station, 6 on-site parking spaces, a picnic area, and four dual-sided fuel dispensers, providing a total of 8 gas pumps.The current tenant, Valley Convenience Stores, Inc., is operating on the second option of an absolute NNN lease. The tenant is paying a fixed annual rental rate of $25.84 p/sf which calls for 0 increases through the remaining period of the lease which expires in 2037.The subject property is situated off Five Cities Dr. on the South 101 Corridor. The property is centrally located on a highly trafficked street averaging a traffic count of 15,700 cars in 2017 and surrounded by both major retailers as well as large, planned communities.The immediate vicinity, which includes Pismo Coast Premium Outlet, is a major retail draw for the area and includes well-known retailers such as Nike, Ralph Lauren, and Calvin Klein. In addition, the subject property is minutes from North Bach Campground and Pismo Beach Mobile Home Park, a 29-acre senior community with 233 home sites located on the Pacific Coast Highway.Pismo Beach is a city in San Luis Obispo County, in the Central Coast area of California, and is within proximity to both Morrow Bay and Paso Robles. The estimated population was 8,327 in the 2017 census, up from 8,185 in 2016 Pismo Beach is part of the Five Cities Area, a cluster of cities in that area of San Luis Obispo County. The median household income in a 1-mile radius is $71,046.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-12-06T21:30:30.24. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty Central Coast. Licensed in the State of California, USA.
www.kennyrealestategroup.com/homes/157799764
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200 Five Cities Drive Pismo Beach, CA 93449

  • Price: $1,600,000
  • Status: Active
  • On Site: 23 Days
  • Updated: 2 min ago
  • ID#: SR24232392
0
Beds
0
Baths
0
½ Baths
0.29
Acres
1998
Built
Neighborhood:
PSMO - Pismo Beach
County:
San Luis Obispo
Area:
PSMO - Pismo Beach
Property Description
200 Five Cities Drive., operating as Pismo Beach Shell Gas & Sam's Food Market, is a two-story, single-tenant fuel station and convenience store located in the City of Pismo Beach, California. The building construction is of unknown framing with a pitched metal Loc-Panel roof and painted stucco exterior. Development was completed in 1998 and per city building permits, the structure consists of 2,786+/- square feet of improvements, situated on a 12,600+/- square foot lot, currently zoned C1 with permitted use as a retail gasoline station and convenience store.The Fee-Simple Shell Gas Station features a convenience store, a water & air station, 6 on-site parking spaces, a picnic area, and four dual-sided fuel dispensers, providing a total of 8 gas pumps.The current tenant, Valley Convenience Stores, Inc., is operating on the second option of an absolute NNN lease. The tenant is paying a fixed annual rental rate of $25.84 p/sf which calls for 0 increases through the remaining period of the lease which expires in 2037.The subject property is situated off Five Cities Dr. on the South 101 Corridor. The property is centrally located on a highly trafficked street averaging a traffic count of 15,700 cars in 2017 and surrounded by both major retailers as well as large, planned communities.The immediate vicinity, which includes Pismo Coast Premium Outlet, is a major retail draw for the area and includes well-known retailers such as Nike, Ralph Lauren, and Calvin Klein. In addition, the subject property is minutes from North Bach Campground and Pismo Beach Mobile Home Park, a 29-acre senior community with 233 home sites located on the Pacific Coast Highway.Pismo Beach is a city in San Luis Obispo County, in the Central Coast area of California, and is within proximity to both Morrow Bay and Paso Robles. The estimated population was 8,327 in the 2017 census, up from 8,185 in 2016 Pismo Beach is part of the Five Cities Area, a cluster of cities in that area of San Luis Obispo County. The median household income in a 1-mile radius is $71,046.
Exterior Features

Entry Level 1 Open Parking Spaces 6 Parking Total 6

Property Features

Additional Parcels YN No Common Interest None Laundry Features None Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New LoanConventionalContract Property Sub Type Retail Special Listing Conditions Standard Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-12-06T21:30:30.24. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty Central Coast. Licensed in the State of California, USA.
 
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Keller Williams Realty Central Coast
350 James Way
Pismo Beach CA, 93449
Listing Agent(s): Raymond Rodriguez of Equity Union (805-892-8119)