San Miguel, CA 93451,1200 Mission
San Miguel, CA 93451,1200 Mission
San Miguel, CA 93451,1200 Mission
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$297,500
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0.55 Acres Lot
Active

1200 Mission San Miguel, CA 93451

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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 NS25247337

Lot Size 0.551 Acres

Property Sub-Type Lots/Land

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 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

Senior Community No

Tax ID 021221034

Acceptable Financing Cash, Seller May Carry

Listing Terms Cash, Seller May Carry


MLS Router / San Diego MLS
Listed by Scott Ehrke GUIDE Real Estate

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Kurt Wannebo

Kurt Wannebo

Broker Associate | CA Dre# 01468255

+1(858) 405-5878

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1200 Mission