1200 Mission, San Miguel, CA 93451

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.

Listing Status:

Active

Listing Office:

GUIDE Real Estate : 916-975-2700

Listing Agent:

Scott Ehrke : 805-391-0509

MLS ID:

NS25247141

Location

• HOA Amenities: 0.0
• Originating MLS: California Regional MLS
• County: San Luis Obispo

Lot

• Zoning: 021221021

Financial

• Source: California Regional MLS

This listing courtesy of Scott Ehrke, GUIDE Real Estate