0.46 Acres Lot
0.46 Acres Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID NS26092844
HOA Y/N No
Year Built 1941
Lot Size 0.463 Acres
Property Sub-Type Mixed Use
Property Description
Unbelievable opportunity to own a nearly 1/2 acre parcel with almost 11,000 square feet of improved building on the downtown park of Paso Robles.
Property has been recently approved for a 18,000+/- mixed use retail/hotel development along with the existing 4700+/- square foot restaurant which is currently leased. Approved mixed use plans consists of commercial units of 2330, 1350 and 1060 square feet along with 12,000+/- square feet of hotel featuring 12 two bedroom - two bath units with private balconies, living/dining areas and a shared parking lot.
Also, plans have been approved to remodel the existing building which would produce three leasable units of approximately 2900 square feet, 1350 square feet and 1250 square feet. Property also has a private/gated parking lot of 21 stalls. This prime location, located on the south side of the downtown city park of Paso Robles, is the epicenter of everything Paso Robles featuring restaurants, wine tasting, boutique shopping, movie theater and so much more.
Premium properties like this seldom become available. Do not miss the opportunity to buy this approved development property!!
Location
State CA
County San Luis Obispo
Area Pric - Pr Inside City Limit
Interior
Heating Forced Air, Natural Gas
Cooling Central Air
Fireplace No
Laundry None
Exterior
Fence Wrought Iron
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Roof Type Flat
Present Use See Remarks
Building
Lot Description Level, Rectangular Lot, Street Level
Story 1
Water Public
Others
Tax ID 009104001
Security Features Fire Detection System,Fire Sprinkler System,Security Gate,Smoke Detector(s)
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
Nearby Locations
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