Rare opportunities like this are becoming increasingly difficult to find in Downtown Paso Robles. Offering exceptional visibility and a prime location within the IRS Qualified Opportunity Zone, this commercially zoned parcel (RSC - Riverside Corridor) presents a wide range of potential uses including retail, service, office, lodging, and residential opportunities. Whether you envision a mixed-use development, boutique lodging, office space, retail sales, winetasting, manufacturing, warehousing or an investment designed to capitalize on Paso Robles’ continued growth, the flexibility of the zoning opens the door to numerous possibilities. In addition, investors may benefit from the potential tax advantages associated with Opportunity Zone investments, making this offering even more compelling (buyer to consult tax professional). The property currently includes an 800± sq. ft. home and a 900± sq. ft. garage that may offer potential for restoration or adaptive reuse, or create a blank slate to redevelop and maximize the site’s full potential. A unique opportunity to invest, develop, and be part of the future of one of the Central Coast’s most vibrant downtown communities.
| MLS # | NS26123333 |
|---|---|
| Listing Type | For Sale |
| Style | Mixeduse |
| Sub-Type | Resale |
| Status | Active |
| Year | 1920 |
| Days On Site | 90 |
| Listing Provided By | GUIDE Real Estate | Brian Thorndyke |
| SQ Feet | 884 |
|---|---|
| Story(s) | 1 |
| Building(s) | 2 |
| Zoning | RSC |
| Acreage | 0.16 |
| Cooling | None |
|---|---|
| Heating | None |
| Heating Yes / No | No |
| Cooling Yes / No | No |
| Roof | Composition |
|---|---|
| Construction Materials | Stucco, Wood Siding |
| Lot Features | Street Level |
| Fencing | Wood, Wire |
| Utilities | Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Connected, Water Connected |
|---|
| State | CA |
|---|---|
| County | San Luis Obispo |
| City | Paso Robles |
| Zip Code | 93446 |
| Area | PRIC PR Inside City Limit |
| Listing VS Median (in 93446) | |
Price: $425,000 low | high Med: $2,400,000 sqft: 884 low | high Med: 9,169 $ / sqft: $481 low | high Med: $538 On site: 90 low | high Med: 71.5 | |
| State | CA |
|---|---|
| County | San Luis Obispo |
| City | Paso Robles |
| Zip Code | 93446 |
| Area | PRIC PR Inside City Limit |
| Listing VS Median (in 93446) | |
Price: $425,000 low | high Med: $2,400,000 sqft: 884 low | high Med: 9,169 $ / sqft: $481 low | high Med: $538 On site: 90 low | high Med: 71.5 | |