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Key Details
Sold Price $375,000
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 899 sqft
Price per Sqft $417
MLS Listing ID NS22162451
Sold Date 09/28/22
HOA Y/N No
Year Built 1949
Lot Size 0.263 Acres
Property Description
Looking for the next great investment? Well, here it is! This great property offers endless possibilities for the right savvy buyer or investor. This property is currently a residential rental property with 2 bedrooms and one bathroom situated on a commercial lot. So with the right plans and vision, this high-visibility property would be a great location for a new business in the growing city of San Miguel, CA. As San Miguel continues to grow, your business can begin to establish a strong presence in the community. This location can't get any better as you will have freeway visibility, alley access for deliveries, and possibly a drive through and you will be amongst many successful local businesses at this busy intersection. Don't wait too long, as this property has lots of potential and won't last long! The highest and best use for the property may be Commercial, so please confirm with your agent and county regarding your plans for the development of this property.
Location
State CA
County San Luis Obispo
Area Smig - San Miguel
Rooms
Ensuite Laundry Washer Hookup, Propane Dryer Hookup
Interior
Interior Features All Bedrooms Down
Laundry Location Washer Hookup,Propane Dryer Hookup
Heating Wall Furnace
Cooling None
Fireplace No
Laundry Washer Hookup, Propane Dryer Hookup
Exterior
Garage Unpaved
Garage Spaces 1.0
Garage Description 1.0
Pool None
Community Features Rural
Utilities Available Electricity Connected, Propane, Water Connected
Parking Type Unpaved
Total Parking Spaces 6
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 021322003
Acceptable Financing Cash to New Loan, 1031 Exchange
Listing Terms Cash to New Loan, 1031 Exchange
Financing Conventional
Special Listing Condition Standard
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Bought with John Walker • W Property Group
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Crystal Trammell
REALTOR® | Mortgage Broker | License ID: 02147605
REALTOR® | Mortgage Broker License ID: 02147605