Nipomo, CA 93444,1020 Division ST
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$700,000
Est. payment /mo
0.62 Acres Lot
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UPDATED:

10/25/2024 02:33 AM

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Nipomo(340)

MLS Listing ID PI24220143

HOA Y/N No

Lot Size 0.615 Acres

Property Description

Prime Commercial Corner Lot with Expired Approvals for Mixed-Use Development, Including Convenience Store, & Liquor License in Nipomo!

Seize this incredible opportunity to develop a 0.61-acre corner lot located at the bustling intersection of Division Road and Hazel Lane. This commercially zoned parcel was previously approved for a mixed-use building featuring a 7,300 sq ft commercial space, including a convenience store, on the first floor, along with three garage spaces and six residential units totaling 4,800 sq ft on the second floor.

The project includes a two-pump gasoline island with an 860 sq ft canopy, 20 parking stalls, and professionally designed landscaping. Parking design modifications were also approved to optimize space efficiency.

All previous approvals, including the liquor license, have since expired and will need to be resubmitted for county review and re-approval. Water approval is still pending, with an application already submitted but not yet finalized, presenting a key consideration for developers.

Situated in a high-traffic location within the South County Inland sub-area, this property is primed for retail, residential, and service-based businesses, including a convenience store. Don't miss out on this ready-to-develop investment opportunity!

Location

State CA

County San Luis Obispo

Area Npmo - Nipomo

Zoning CR

Interior

Fireplace No

Exterior

Community Features Curbs

View Y/N Yes

View Mountain(s)

Building

Lot Description Corner Lot

Water See Remarks

New Construction No

Others

Senior Community No

Tax ID 092451048

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard


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California Regional MLS (CRMLS)
Listed by Richard Gonzalez • Compass • 805-268-4407

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LEON M. BORUNDA

+1(559) 779-6540

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