2131 10th Street
A three-suite commercial retail asset on California's Central Coast
Marketing description
Income-producing three-unit commercial investment opportunity in the heart of Los Osos. Located at 2131 10th Street, this CR (Commercial Retail) zoned property consists of three commercial units, including an established frame shop tenant generating in-place income and two additional vacant units available for immediate lease-up or owner-user occupancy.
The property offers a strong value-add opportunity with clear upside through leasing the remaining space at estimated market rents of approximately $2.00/SF, allowing investors to stabilize and enhance cash flow. The flexible CR zoning supports a variety of retail, office, and professional service uses, providing broad leasing appeal and long-term adaptability.
Positioned along a well-established commercial corridor in Los Osos, the property benefits from strong local visibility, surrounding residential density, and convenient access to Highway 1, Morro Bay, and Baywood Park. With a combination of in-place income and near-term lease-up potential, this property presents a compelling coastal investment opportunity.
Investment highlights
- Stabilized Income + Clear Value-Add Path
An established frame shop tenant provides in-place cash flow, while two vacant units offer immediate lease-up potential at $2.00/SF market rents — giving investors a defined route to full stabilization.
- Flexible CR Zoning, Broad Tenant Appeal
Commercial Retail zoning supports retail, office, and professional service uses, widening the tenant pool and reducing leasing risk both near-term and as market conditions evolve.
- Coastal Infill Location
Positioned along a proven commercial corridor with access to Highway 1, Morro Bay, and Baywood Park, the property benefits from surrounding residential density and the limited commercial supply constraints characteristic of coastal markets.
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