646 Grande Ave,  Nipomo  (93444)

$3,350,000

0 bedrooms 0   0 bathrooms 0   187308 square feet 187,308
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Listed By: Chase Morgan of Morgan Brothers Real Estate

PROPERTY DETAILS

Address: view address
Nipomo, CA 93444
Map Location
Square Feet: 187,308 sq.ft.
Lot Size:4.30 acresYear Built:2000
Property Type:LandNeighborhood:Nipomo(340)
County:San Luis ObispoList Date:2024-01-24
Listing Number:SC24014963Listed By:Morgan Brothers Real Estate
Days on market:110

PROPERTY DESCRIPTION

A DEVELOPERS DREAM WITH CURRENT CASHFLOW! An approximately 4.3 acre, multi-family parcel adjacent to the Nipomo shopping corridor and recently completed Grocery Outlet Bargain Market shopping center. Owner is currently in process of securing entitlements to allow for a subdivided development. Owner is pursuing 54-58 duet units as shown in the photos.A 3/2 2000sf SFH sits on the property with long-term tenants that more than covers holding costs. SFH is on city water, has septic, and power connected. Seller has secured an Intent To Serve from the Nipomo CSD for up to 112 units but this will be reduced with the current duet plan.Seller would consider carrying a first-trust deed note, terms to be negotiated.Don't miss the rare opportunity to acquire high-density residential land in the heart of Nipomo!

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Interior

Cable Television Available:Yes

Property and Lot Details

Has View:YesLot Acres:4.30
Lot Has Mountain View:YesLot On Municipal Road:Yes
Lot On Private Road:YesLot Sqft:187,308.00
Propane Gas:YesPublic Water:Yes
Septic System:YesSubdivision:Nipomo(340)
Transaction Type:SaleWood Fencing:Yes

Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

Loading Data...

Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

PHOTO GALLERY

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Listed By: Chase Morgan of Morgan Brothers Real Estate