1615 RiversidePaso Robles, CA 93446

Description

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.

Property Information

Property type

Commercial Sale

Sub-type

Mixed Use

Year built

1920

Stories

1

Building area

884 Sq Ft

Lot size

0.16 acres

Zoning

RSC

Days on market

115

MLS^® Listing#

NS26123333

Property Features

Cooling

None

Heating

None

Laundry

None

Fencing

Wood · Wire

Construction

Stucco · Wood Siding

Roof

Composition

Utilities

Cable Available · Electricity Available · Natural Gas Available · Phone Available · Sewer Connected · Water Connected

Water source

Public

Parcel number

008294010

Directions

Off Spring St. take 13th St east, left on Riverside Ave, property on left side just passed 16th St.