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1050 Las Tablas Rd - 3,600 SF in the Las Tablas Medical Plaza
3,600 SF Medical Condo Unit Offered at $595,000 in Templeton, CA 93465
Investment Highlights
- Ideal Location - Las Tablas Medical Plaza is adjacent to Twin Cities Hospital
- Package of 3 - Contiguous condos with 3 separate Assessors Parcel Numbers
- Great Value - It's rare to find 3,600+/-SF of office space for only $689,000!
Executive Summary
Discover an incredible investment opportunity for three office condos totaling 3,600+/- square feet, conveniently located on the west side of Templeton, right next to Twin Cities Hospital. This is ideal for medical professionals, investors, or a combination of both. Priced at only $689,000, it's your chance to own your own space instead of renting and/or to diversify your investment portfolio. This attractive complex provides ample parking, landscaped courtyards & great accessibility. The current layout provides flexibility with multiple exam rooms, private offices, workstations, reception areas, lounges, storage rooms, restrooms and more. The HOA fees are $425/month per unit which includes water, trash, exterior maintenance & insurance. With market rents at approx. $1.60 per sf and a cap rate of around 6%, this investment makes a lot of sense! Seller would consider selling 1 or 2 of the condos. Occupants may not need to be related to the medical field, so check with the listing agent for further details. Don’t miss out on this rare chance to secure your future in real estate – contact us today for more information and to arrange a viewing.
Property Facts
| Price | $595,000 | Building Class | B |
| Unit Size | 3,600 SF | Floors | 1 |
| No. Units | 1 | Typical Floor Size | 1,200 SF |
| Total Building Size | 20,000 SF | Year Built | 1978 |
| Property Type | Office (Condo) | Tenancy | Single |
| Property Subtype | Medical | Lot Size | 0.28 AC |
| Sale Type | Investment or Owner User |
| Price | $595,000 |
| Unit Size | 3,600 SF |
| No. Units | 1 |
| Total Building Size | 20,000 SF |
| Property Type | Office (Condo) |
| Property Subtype | Medical |
| Sale Type | Investment or Owner User |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 1,200 SF |
| Year Built | 1978 |
| Tenancy | Single |
| Lot Size | 0.28 AC |
1 Unit Available
Unit 14/16/18
| Unit Size | 3,600 SF | Sale Type | Investment or Owner User |
| Price | $595,000 | Cap Rate | 6.63% |
| Price Per SF | $165.28 | NOI | $39,448.50 |
| Condo Use | Medical | APN/Parcel ID | 040-331-016/017/018 |
| Unit Size | 3,600 SF |
| Price | $595,000 |
| Price Per SF | $165.28 |
| Condo Use | Medical |
| Sale Type | Investment or Owner User |
| Cap Rate | 6.63% |
| NOI | $39,448.50 |
| APN/Parcel ID | 040-331-016/017/018 |
Description
3 - 1,200+/-SF contiguous office condos near Twin Cities Hospital in Templeton, CA.
Sale Notes
Great Investment Opportunity below replacement value
Amenities
- Courtyard
- Reception
- Storage Space
- Reception
- Air Conditioning
- Smoke Detector
zoning
| Zoning Code | OP (Office Professional) |
| OP (Office Professional) |
Presented by
1050 Las Tablas Rd - 3,600 SF in the Las Tablas Medical Plaza
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