1200 Mission, San Miguel, CA 93451

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Glen Henderson

[email protected] +1(619) 889-7646

$825,000

Est. payment - /mo

1.88 Acres Lot

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Key Details

Property Type Vacant Land

Sub Type Lots/Land

Listing Status Active

Purchase Type For Sale

Subdivision Pr San Miguel-Town(200)

MLS Listing ID NS25247141

Lot Size 1.884 Acres

Property Sub-Type Lots/Land

Property Type Lots/Land

Property 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 $41,250 per lot. The seller is also offering two smaller lot packages, of either 13 lots at $585,000 ($45,000/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.

Location

State CA

County San Luis Obispo

Direction Hwy 101 to San Miguel. Take Mission St exit, and proceed to downtown. Property is on east side of Mission, across from original

Interior

Fireplace No

Exterior

View Y/N No

Others

Tax ID 021221021

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Listed by Scott Ehrke GUIDE Real Estate

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Glen Henderson

+1(619) 889-7646

Broker Associate | CA BRE #01384181

Broker Associate CA BRE #01384181

San Diego Communities

1200 Mission San Miguel, CA 93451

Glen Henderson

Key Details

Location

Interior

Exterior

Others

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