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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.
Property Type(s):
Residential Income
| Last Updated | 4/10/2025 | Tract | Nipomo(340) |
|---|---|---|---|
| Year Built | 1961 | Community | Nipomo |
| County | San Luis Obispo |
Additional Details
| AREA | Nipomo |
|---|---|
| GARAGE | On Street |
| HOA DUES | 0 |
| LOT | 0.4 acre(s) |
| LOT DESCRIPTION | Corner Lot |
| PARKING | On Street |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| SUBDIVISION | Nipomo(340) |
| WATER | Public |
| ZONING | CR |
Location
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Listed with BHGRE Haven Properties
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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