Listed by Richard Gonzalez • Compass
$700,000
Est. payment /mo
26,800 SqFt
Active
1020 Division Street Nipomo, CA 93444
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UPDATED:
10/25/2024 12:56 PM
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Square Footage 26,800 sqft
Price per Sqft $26
MLS Listing ID CRPI24220143
HOA Y/N No
Originating Board Datashare California Regional
Lot Size 0.615 Acres
Property Description
Prime Commercial Corner Lot with Expired Approvals for Mixed-Use Development, Including Convenience Store, & Liquor License in Nipomo! Seize this incredible opportunity to develop a 0.61-acre corner lot located at the bustling intersection of Division Road and Hazel Lane. This commercially zoned parcel was previously approved for a mixed-use building featuring a 7,300 sq ft commercial space, including a convenience store, on the first floor, along with three garage spaces and six residential units totaling 4,800 sq ft on the second floor. The project includes a two-pump gasoline island with an 860 sq ft canopy, 20 parking stalls, and professionally designed landscaping. Parking design modifications were also approved to optimize space efficiency. All previous approvals, including the liquor license, have since expired and will need to be resubmitted for county review and re-approval. Water approval is still pending, with an application already submitted but not yet finalized, presenting a key consideration for developers. Situated in a high-traffic location within the South County Inland sub-area, this property is primed for retail, residential, and service-based businesses, including a convenience store. Don't miss out on this ready-to-develop investment opportunity!
Location
State CA
County San Luis Obispo
Interior
Fireplace No
Exterior
View Mountain(s)
Building
Lot Description Corner Lot
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