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$3,500,000
Est. payment /mo
0.67 Acres Lot
UPDATED:
12/05/2024 02:31 AM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID PI24159032
HOA Y/N No
Lot Size 0.666 Acres
Property Description
Prime Multi-Family/Commercial Mixed-Use Investment Property on two lots in Downtown Paso Robles. This exceptional mixed-use property is a rare find. Offering substantial income from 6 fully occupied units on two different parcels with potential for future rent increases. The first property is on a 14,048 sq ft lot and includes four Bungalows, a commercial building currently used as a dental office, and a garage/storage building. Each bungalow features 1 bedroom and 1 bathroom w/approx 900 sq. ft. All bungalows are fully occupied, on month-to-month rental agreements. Garage/storage building w/four spaces provides enclosed parking and storage for bungalow tenants. The commercial building is 1820 sq ft and leased as a dental office until 2027. The second parcel at 15,000 sq ft, includes a detached single-family residence w/ 2 bedrooms, 1 bathroom, approx 640 sq. ft. This home is currently in a one-year lease. This adjoining lot also incudes designated parking for the commercial building. This property presents a unique opportunity to own a versatile asset with multiple revenue streams in a highly desirable location. Don't miss out on this prime investment in downtown Paso Robles, two blocks from the downtown park, restaurants and shopping.
Location
State CA
County San Luis Obispo
Area Pric - Pr Inside City Limit
Interior
Fireplace No
Laundry Inside
Exterior
Present Use Commercial,Investment,Multi-Family
Building
Lot Description Corner Lot, Level
Story 1
Water Public
Others
Tax ID 009082014
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard, Trust
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Listed by Scott Taylor • Keller Williams Realty Central Coast • 805-540-4825
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HomeSmart Realty West
Broker | License ID: DRE#1905908
Broker License ID: DRE#1905908