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Mission St - Mission Street Plaza 0.55 - 1.33 Acre Commercial Land Lots Offered at $297,500 - $585,000 Per Lot in San Miguel, CA 93451



INVESTMENT HIGHLIGHTS
- BUY 7, 13 OR ALL 20 LEGAL PARCELS IN BULK
- PRE-APPROVED C.U.P. ALREADY IN PLACE
- YOU CAN HELP DEVELOP THE 'DOWNTOWN'
- DESIRABLE COMMERCIAL /RETAIL ZONING
- MIXED-USE DEVELOPMENT IS ENCOURAGED
- IN THE HEART OF WINE COUNTRY (JUST NORTH OF PASO ROBLES)
EXECUTIVE SUMMARY
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.
PROPERTY FACTS
2 LOTS AVAILABLE
Lot 14 - 20
| Price | $297,500 | Lot Size | 0.55 AC |
| Price Per AC | $540,909.09 |
| Price | $297,500 |
| Price Per AC | $540,909.09 |
| Lot Size | 0.55 AC |
Lot #'s 14 - 20 of Tract 2995, comprising 7 total downtown commercial/mixed-use lots on Mission Street, San Miguel (.55 Acres) Buy 7 Lots, 13 Lots, or all 20 Lots Together!
Lot 1 - 13
| Price | $585,000 | Lot Size | 1.33 AC |
| Price Per AC | $439,849.62 |
| Price | $585,000 |
| Price Per AC | $439,849.62 |
| Lot Size | 1.33 AC |
Lot #'s 1 - 13 of Tract 2995, comprising 13 total downtown commercial/mixed-use lots on Mission Street, San Miguel (1.33 Acres) Buy 7 Lots, 13 Lots, or all 20 Lots Together!
DESCRIPTION
Fantastic Development Opportunity. Being offered in 3 different size options.... 7 lots, 13 lots or a package of all 20.
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $170,000 | |
| Land Assessment | $206,370 | Total Assessment | $376,370 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$206,370
Improvements Assessment
$170,000
Total Assessment
$376,370
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Mission St - Mission Street Plaza
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