1200 Mission ST new

San Miguel,CA 93451

$ 297500

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Other Residential Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRNS25247337

Lot Size 0.551 Acres

Property Sub-Type Other Residential Land

Source California Regional MLS

Property Description

Downtown Commercial/Mixed-Use Building Lots! This affordable offering consists of seven (7) legal, buildable commercial/mixed-use lots in the downtown core of San Miguel. Located on Mission St, just a few blocks North of the historic San Miguel Mission, these particular lots are right next to the San Miguel Fire Department. The overall project (Tract 2995, 20 lots) has a pre-approved Conditional Use Permit for attractive commercial/retail spaces, with a mixed-use element that allows medium density residential units thru-out the upstairs! However, that approval will likely require modification by the County for this 7 lot package, as it was originally designed for the 20 lot project in whole. The County of SLO may consider increased density of residential units (beyond just the upstairs) to accommodate market trends, or combining or reconfiguring the smaller lots to fewer, larger parcels. Have bigger ambitions? Consider buying the other 13 lots as a larger package at $585,000 ($45,000/lot), or even the entire Tract 2995 (20 lots) for $825,000 - 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 financi

Location

State CA

County San Luis Obispo

Area Prne - Pr North 46-East 101

Zoning LWS,LL,TNS,PRK,PAV,LV

Exterior

View Local/Neighborhood,None

Building

Lot Description Grade - Level,Paved

Others

Tax ID 021221034

Special Listing Condition Not Applicable

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