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30748339
33327135

1200 Mission, San Miguel, CA 93451 For Sale

SE
CA 01012637
GUIDE Real Estate
Listed by GUIDE Real Estate
$730,000
186 days on market
Updated 43 days ago

DOWNTOWN SAN MIGUEL COMMERICAL BUILD-OUT OPPORTUNITY

Details
APN 021221021
Property Type Land
Sub Type Lots/Land
Pads 20
Acreage 1.884
Zoning COMRTL, COMR
Sale Condition 1031 exchange

Land | 1.884 acres

Marketing description

Presenting an AFFORDABLE legacy investment opportunity, in the heart of Central Coast Wine Country! This amazing offering consists of twenty (20!) legal, buildable commercial/mixed-use lots (Tract 2995) in the downtown core of San Miguel. Located on Mission St, just a few blocks North of the historic San Miguel Mission, this property was thoughtfully designed around the creation of a new 'Downtown Plaza'. The project includes a pre-approved CUP (Conditional Use Permit) for attractive commercial/retail spaces, with a mixed-use element that allows medium density residential units thru-out the upstairs! The County of SLO may consider increased density of residential units (beyond just the upstairs) to accommodate market trends. Combining or reconfiguring lots to fewer, larger parcels is also an option. This bulk purchase = BIG SAVINGS, with all 20 parcels available here in bulk for only $36,500 per lot. The seller is also offering two smaller lot packages, of either 13 lots at $552,500 ($42,500/lot) or 7 lots for $297,500 ($42,500/lot) - see individual MLS entries for each. Invest in your future and help turn this historic town into the desirable bedroom community of the Paso Robles' that it deserves to be! Great 1031 Exchange opportunity for a land hold. Owner financing may be considered to qualified buyer with at least 30% down payment.

Investment highlights

  • In Paso Robles Wine Country
  • Commercial/Mixed-Use Zone
  • Downtown San Miguel Location
  • 350' of Mission Street Frontage
  • Buy All 20 for only $36,500/lot
  • Will Sell in Smaller Lot Packages

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Listing Contacts

SE
CA 01012637
GUIDE Real Estate
Listed by GUIDE Real Estate

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Additional Information

Name
Scott Ehrke
License
01012637
Brokerage
GUIDE Real Estate
Brokerage Phone
805-237-4060
Brokerage Address
1213 Vine Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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