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$425,000

FOR SALEActive

1615 Riverside

Paso Robles CA 93446

884

SF

Mixed Use

Type

1920

Built

$481/SF

Cost/SF

153 days on marketNalren refreshed

Listing Agent

Brian Thorndyke

Listing Agent

DRE #: 01059808

(805) 391-0511

Brokerage: GUIDE Real Estate

Location Analysis

MapProperty Location

About This Property

Rare opportunities like this are becoming increasingly difficult to find in Downtown Paso Robles. Offering exceptional visibility and a prime location within the IRS Qualified Opportunity Zone, this commercially zoned parcel (RSC – Riverside Corridor) presents a wide range of potential uses including retail, service, office, lodging, and residential opportunities. Whether you envision a mixed-use development, boutique lodging, office space, retail sales, winetasting, manufacturing, warehousing or an investment designed to capitalize on Paso Robles’ continued growth, the flexibility of the zoning opens the door to numerous possibilities. In addition, investors may benefit from the potential tax advantages associated with Opportunity Zone investments, making this offering even more compelling (buyer to consult tax professional). The property currently includes an 800± sq. ft. home and a 900± sq. ft. garage that may offer potential for restoration or adaptive reuse, or create a blank slate to redevelop and maximize the site’s full potential. A unique opportunity to invest, develop, and be part of the future of one of the Central Coast’s most vibrant downtown communities.

Property Information

Property Overview

Commercial - MixedUse

Property Type

Active

Status

RSC

Zoning

0.1607 acres

Lot Size

884 SF

Square Footage

$480.77/SF

Price per SF

1,920

Year Built

1

Stories

Property Highlights

N/A Property

Prime Location with High Visibility

Location Analysis

Map

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