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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 Type(s):
Commercial
| Last Updated | 9/28/2024 | Community | PR Inside City Limit |
|---|---|---|---|
| County | San Luis Obispo |
Additional Details
| AREA | PR Inside City Limit |
|---|---|
| CONSTRUCTION | Stucco |
| LOT | 0.67 acre(s) |
| LOT DESCRIPTION | Corner Lot, Level |
| STORIES | 1 |
| WATER | Public |
Location
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Listed with Keller Williams Realty Central Coast
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