Prime Development Opportunity: 267 W Tefft St, Nipomo – Available for Commercial Sale, Commercial Lease, or Lease Option to Buy
This property offers 15,000 square feet with CR zoning in Olde Towne Nipomo’s commercial district. The existing 1,064 square foot building (built 1959) with four rooms operates as office space, providing immediate income. Primary value lies in the land position and strategic location for development opportunities.
Strategic Location and Zoning
Located on Tefft Street, Olde Towne Nipomo’s main commercial thoroughfare with excellent visibility. CR zoning accommodates commercial, office, and residential mixed uses. Zero-lot-line construction permitted throughout Central Business District, maximizing buildable area on the 15,000 square foot lot.
Established Business Environment
Property benefits from central position among successful business centers. Located quarter block west of modern two-story mixed-use project, adjacent to Casa Grande Center, with beautiful hardscape and classic street lamps. Sits across from well-maintained Local 220 Labor Union property, one block east of Adobe Plaza and Birchwood, half block west of planned Sheriff’s Nipomo Station (construction 2027). Property backs to Nipomo Community Services District facilities.
Development Framework
Located in Olde Towne Downtown area east of Highway 101, featuring traditional architecture, tree-lined streets, and walkable environment. Area operates under Olde Towne Nipomo Design Plan encouraging development that preserves historical character while providing clear development pathways.
Development Options
CR zoning accommodates mixed-use development with ground-floor commercial and residential units above, or high-density residential up to three stories with ground-floor parking. Includes integration with existing walkable infrastructure and reduced parking requirements through public parking initiatives requiring only 40% of standard on-site parking.
Infrastructure
Water and sewer connections available through Nipomo Community Services District. County has prioritized infrastructure improvements through Design Plan implementation with streamlined development guidelines. Property offers main street visibility with ongoing public investment in pedestrian infrastructure.
This property presents development potential strategically positioned for Olde Towne Nipomo’s continued growth.
This property offers 15,000 square feet with CR zoning in Olde Towne Nipomo’s commercial district. The existing 1,064 square foot building (built 1959) with four rooms operates as office space, providing immediate income. Primary value lies in the land position and strategic location for development opportunities.
Strategic Location and Zoning
Located on Tefft Street, Olde Towne Nipomo’s main commercial thoroughfare with excellent visibility. CR zoning accommodates commercial, office, and residential mixed uses. Zero-lot-line construction permitted throughout Central Business District, maximizing buildable area on the 15,000 square foot lot.
Established Business Environment
Property benefits from central position among successful business centers. Located quarter block west of modern two-story mixed-use project, adjacent to Casa Grande Center, with beautiful hardscape and classic street lamps. Sits across from well-maintained Local 220 Labor Union property, one block east of Adobe Plaza and Birchwood, half block west of planned Sheriff’s Nipomo Station (construction 2027). Property backs to Nipomo Community Services District facilities.
Development Framework
Located in Olde Towne Downtown area east of Highway 101, featuring traditional architecture, tree-lined streets, and walkable environment. Area operates under Olde Towne Nipomo Design Plan encouraging development that preserves historical character while providing clear development pathways.
Development Options
CR zoning accommodates mixed-use development with ground-floor commercial and residential units above, or high-density residential up to three stories with ground-floor parking. Includes integration with existing walkable infrastructure and reduced parking requirements through public parking initiatives requiring only 40% of standard on-site parking.
Infrastructure
Water and sewer connections available through Nipomo Community Services District. County has prioritized infrastructure improvements through Design Plan implementation with streamlined development guidelines. Property offers main street visibility with ongoing public investment in pedestrian infrastructure.
This property presents development potential strategically positioned for Olde Towne Nipomo’s continued growth.
Current real estate data for Single Family in Nipomo as of Dec 08, 2025
34
Single Family Listed
82
Avg DOM
521
Avg $ / SqFt
$1,332,868
Avg List Price
Property Details
Price:
$2,120
MLS #:
SC25119233
Status:
Active
Beds:
3
Baths:
1
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Nipomo340
Neighborhood:
npmonipomo
Listed Date:
Jun 4, 2025
Finished Sq Ft:
1,064
Lot Size:
15,000 sqft / 0.34 acres (approx)
Year Built:
1959
Schools
School District:
Lucia Mar Unified
Interior
Bathrooms
1 Full Bathroom
Cooling
NO
Laundry Features
NO
Exterior
Community Features
SDW, SL, CRB, FHL, GOLF
Financial
Map
Contact Us
Mortgage Calculator
Community
- Address267 W Tefft ST Lot 1 Nipomo CA
- SubdivisionNipomo(340)
- CityNipomo
- CountySan Luis Obispo
- Zip Code93444
Subdivisions in Nipomo
Property Summary
- Located in the Nipomo(340) subdivision, 267 W Tefft ST Lot 1 Nipomo CA is a Single Family for sale in Nipomo, CA, 93444. It is listed for $2,120 and features 3 beds, 1 baths, and has approximately 1,064 square feet of living space, and was originally constructed in 1959. The current price per square foot is $2. The average price per square foot for Single Family listings in Nipomo is $521. The average listing price for Single Family in Nipomo is $1,332,868. To schedule a showing of MLS#sc25119233 at 267 W Tefft ST Lot 1 in Nipomo, CA, contact your Outland and Associates / JoAnn Outland agent at 8054417754.
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Full-time Real Estate Broker, sold 1400+ Properties in SLO and SBC County. 40+ years of local real estate knowledge and experience. I understand each sale is about you and your goals. I know as we get older, we don’t have time to make up for any mistakes especially when it comes to one the most significant investments. I care about my clients and work very hard to share my knowledge and protect you along the way. I place the appropriate verbiage in the listing and listing agreement depending…
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Courtesy of San Luis Obispo County Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Outland and Associates / JoAnn Outland include the name of the listing broker. Neither the listing company nor Outland and Associates / JoAnn Outland shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved. 267 W Tefft ST Lot 1
Nipomo, CA