Vacant Land $ 825,000

1200 1350 Mission ST

San Miguel, CA 93451

  • 1.88 Lot Size
  • - Year Built
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.
Listed by GUIDE Real Estate

PROPERTY DETAIL

  • Key Details

    Property Type Vacant Land

    Listing Status Active

    Purchase Type For Sale

    Subdivision Pr San Miguel-Town(200)

    MLS Listing ID NS25247141

    HOA Y/N No

    Lot Size 1.884 Acres

  • Location

    State CA

    County San Luis Obispo

    Area Prne - Pr North 46-East 101

    Zoning COMRTL,COMR

  • Building

    Lot Description Level, Near Park, Near Public Transit, Paved, Street Level, Value In Land

    Sewer Public Sewer

    New Construction No

  • Interior

    Fireplace No

  • Exterior

    Community Features Urban, Park

    View Neighborhood, None

  • Others

    Senior Community No

    Tax ID 021221021

    Acceptable Financing Cash, Cash to New Loan, Owner May Carry, Submit

    Listing Terms Cash, Cash to New Loan, Owner May Carry, Submit

    Special Listing Condition Standard

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