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Listed by Breana Stachura • BHGRE Haven Properties
$ 675,000
Est. payment | /mo
0.4 Acres Lot
$ 675,000
Est. payment | /mo
0.4 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Pending
Purchase Type For Sale
MLS Listing ID CRPI25078516
Originating Board California Regional MLS
Year Built 1961
Lot Size 0.401 Acres
Property Sub-Type Duplex
Property Description
Duplex on Commercial Lot with Development Potential! Welcome to this unique investment opportunity located on a high-visibility corner lot along bustling Tefft Street in Nipomo. This "grandfathered-in" duplex features (TWO) 2 bed/1 bath units on a spacious lot with room for an additional ADU. Zoned for commercial use, this property presents endless potential while currently generating rental income as a duplex. The highest and best use may be redevelopment into a mixed-use building, with commercial suites on the ground floor and residential units above-maximizing both exposure and revenue on this prime corner parcel. Whether you're an investor, developer, or owner-user, this is a golden opportunity to secure a rare property in a high-traffic location. Don't miss out-opportunities like this don't last long! The property can NOT do conventional financing, however the seller is willing to seller finance. Call to discuss seller financing options.
Location
State CA
County San Luis Obispo
Area Npmo - Nipomo
Interior
Laundry In Closet
Exterior
Parking Features Off-Street Parking
Pool None
Building
Story One Story
Water District - Public
Others
Tax ID 090131007
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Ben Dodge
REALTOR® | Lic# DRE 01959374