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1040 Park Street

Paso Robles, CA 93446
  • $7,250,000
  • STATUS: Active Under Contract
  • ON SITE: 84 Days
  • ID#: NS22071245
Under Contract
UPDATED: 47 min ago
$7,250,000
  • 0
    BEDS
  • 0.48
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
County:

School Ratings & Info

Listing Agent(s): Vickie Mullins of Bhhs Hallmark Realty (805-237-4700)


Description

ABSOLUTLEY PRIME downtown Paso Robles property located on the park. The nearly 1/2 acre corner lot renovated 10,700 +/- square foot building and is located on the corner of Park Street and 11th Street. The property has 155' of frontage on the City Park on 11th Street and offers northerly exposure which provides relief from the sun and weather. Along with the building, there is a private and gated 23 space parking lot. Property is currently leased as a real estate office, approx. 6000 square feet, and a restaurant, approx. 4700 square feet. Downtown Paso Robles has received many awards and numerous recognitions for its small town charm and award winning restaurants/wineries. Development opportunities are limitless on this property. Conceptual drawings available for a boutique hotel and additional commercial spaces. Looking to add a prime piece of real estate to you portfolio? Wanting to develop a prime piece of downtown Paso Robles real estate? Act now, opportunities like this do not become available often.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-07-02T16:32:11.277. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Randy Horowitz & Associates | Century 21 Peak. Licensed in the State of California, USA.
www.randyhorowitzandassociates.com/homes/127544950
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1040 Park Street Paso Robles, CA 93446

  • Price: $7,250,000
  • Status: Active Under Contract
  • On Site: 84 Days
  • Updated: 47 min ago
  • ID#: NS22071245
0
Beds
0
Baths
0
½ Baths
0.48
Acres
Neighborhood:
Pric - Pr Inside City Limit
County:
San Luis Obispo
Area:
Pric - Pr Inside City Limit
Property Description
ABSOLUTLEY PRIME downtown Paso Robles property located on the park. The nearly 1/2 acre corner lot renovated 10,700 +/- square foot building and is located on the corner of Park Street and 11th Street. The property has 155' of frontage on the City Park on 11th Street and offers northerly exposure which provides relief from the sun and weather. Along with the building, there is a private and gated 23 space parking lot. Property is currently leased as a real estate office, approx. 6000 square feet, and a restaurant, approx. 4700 square feet. Downtown Paso Robles has received many awards and numerous recognitions for its small town charm and award winning restaurants/wineries. Development opportunities are limitless on this property. Conceptual drawings available for a boutique hotel and additional commercial spaces. Looking to add a prime piece of real estate to you portfolio? Wanting to develop a prime piece of downtown Paso Robles real estate? Act now, opportunities like this do not become available often.
Exterior Features

Construction Materials StuccoSteel Entry Level 1 Fencing Wrought Iron Lot Features 0-1 Unit/AcreFlat Open Parking Spaces 23 Parking Total 23 Roof Metal Sign On Property YN No Topography Level

Interior Features

Building Features Elevator(S) Cooling Central Air Cooling YN Yes Heating Forced Air Heating YN Yes

Property Features

Additional Parcels YN No Anchors Co Tenants Bhhs Hallmark Realty And Taste Restaurant Business Type OtherRestaurant Common Interest None Current Financing Conventional Electric Standard Gross Scheduled Income 288596 Land Lease YN No Laundry Features None Lease Considered YN No Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To Existing LoanCash To New Loan Property Sub Type Business Security Features Security GateSmoke Detector(S) Special Listing Conditions Standard Tax Annual Amount 29977 Tax Year 2020 Utilities Electricity ConnectedNatural Gas ConnectedPhone ConnectedSewer ConnectedWater Connected Vacancy Allowance Rate 0 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-07-02T16:32:11.277. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Randy Horowitz & Associates | Century 21 Peak. Licensed in the State of California, USA.
 
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Randy Horowitz & Associates | Century 21 Peak
1241 E. 16th St.
Upland CA, 91784
Listing Agent(s): Vickie Mullins of Bhhs Hallmark Realty (805-237-4700)