14
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$445,000
Est. payment /mo
7,000 Sqft Lot
New
1615 Riverside Paso Robles, CA 93446
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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID NS26123333
HOA Y/N No
Year Built 1920
Lot Size 7,000 Sqft
Property Sub-Type Mixed Use
Property Description
Rare opportunities like this are becoming increasingly difficult to find in Downtown Paso Robles. Offering exceptional visibility and a prime location within the IRS Qualified Opportunity Zone, this commercially zoned parcel (RSC – Riverside Corridor) presents a wide range of potential uses including retail, service, office, lodging, and residential opportunities. Whether you envision a mixed-use development, boutique lodging, office space, retail sales, winetasting, manufacturing, warehousing or an investment designed to capitalize on Paso Robles' continued growth, the flexibility of the zoning opens the door to numerous possibilities. In addition, investors may benefit from the potential tax advantages associated with Opportunity Zone investments, making this offering even more compelling (buyer to consult tax professional). The property currently includes an 800± sq. ft. home and a 900± sq. ft. garage that may offer potential for restoration or adaptive reuse, or create a blank slate to redevelop and maximize the site's full potential. A unique opportunity to invest, develop, and be part of the future of one of the Central Coast's most vibrant downtown communities.
Location
State CA
County San Luis Obispo
Area Pric - Pr Inside City Limit
Zoning RSC
Interior
Heating None
Cooling None
Fireplace No
Laundry None
Exterior
Fence Wood, Wire
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Connected, Water Connected
Roof Type Composition
Building
Lot Description Street Level
Story 1
Water Public
Others
Tax ID 008294010
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
Listed by Brian Thorndyke GUIDE Real Estate 805-391-0511, DRE #01059808
NEARBY SCHOOL & BUSINESS
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