Prime Multi-Family/Commercial Mixed-Use Investment Property on two lots in Downtown Paso Robles. This exceptional mixed-use property is a rare find. Offering substantial income from 6 fully occupied units on two different parcels with potential for future rent increases. The first property is on a 14,048 sq ft lot and includes four Bungalows, a commercial building currently used as a dental office, and a garage/storage building. Each bungalow features 1 bedroom and 1 bathroom w/approx 900 sq. ft. All bungalows are fully occupied, on month-to-month rental agreements. Garage/storage building w/four spaces provides enclosed parking and storage for bungalow tenants. The commercial building is 1820 sq ft and leased as a dental office until 2027. The second parcel at 15,000 sq ft, includes a detached single-family residence w/ 2 bedrooms, 1 bathroom, approx 640 sq. ft. This home is currently in a one-year lease. This adjoining lot also incudes designated parking for the commercial building. This property presents a unique opportunity to own a versatile asset with multiple revenue streams in a highly desirable location. Don’t miss out on this prime investment in downtown Paso Robles, two blocks from the downtown park, restaurants and shopping.
Property Details
Price:
$3,500,000
MLS #:
PI24159032
Status:
Active
Baths:
0
Address:
336 12th Street
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
pricprinsidecitylimit
City:
Paso Robles
Listed Date:
Aug 1, 2024
State:
CA
ZIP:
93446
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Full-time Real Estate Broker, sold 1100+ Properties in SLO and SBC County. 38 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 …
More About JoAnn Courtesy of Keller Williams Realty Central Coast. 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 2024. California Regional Multiple Listing Service. All rights reserved.
336 12th Street
Paso Robles, CA
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