Paso Robles, CA 93446,1046 Vine ST
Paso Robles, CA 93446,1046 Vine ST
Paso Robles, CA 93446,1046 Vine ST
$590,000
Est. payment /mo
$589,000
0.2%
Est.Price: ?

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5,998 Sqft Lot
SOLD DATE : 09/20/2023

Key Details

Sold Price $590,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID NS23151966

Sold Date 09/20/23

HOA Y/N No

Year Built 1951

Lot Size 5,998 Sqft

Property Description

Presenting an exceptional investment opportunity, we are proud to introduce a prime commercial building for sale situated on the vibrant Vine Street, adjacent to the heart of Downtown Paso Robles. This coveted property is currently under a lease agreement with the esteemed Edward Jones, a tenant that has been a part of this location since July 1, 2009. The ongoing lease arrangement is valid until June 30, 2024, with the current monthly payment from the tenant set at $2,637.29. Notably, an option also exists for them to prolong their lease for an additional 5 years, further emphasizing the desirability of this investment.

Encompassing approximately 1,301 square feet, this building stands prominently on a generous 6,000 square foot lot, boasting a T-3F zoning that not only accommodates commercial use but also allows for residential utilization. This versatile feature adds an extra layer of potential value to the property. Seize this opportunity to secure a remarkable investment with established tenancy and the potential for long-term gains in a strategic and well-connected location.

Location

State CA

County San Luis Obispo

Area Pric - Pr Inside City Limit

Interior

Heating Central

Cooling Central Air

Fireplace No

Laundry None

Exterior

Fence None

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

Roof Type Composition

Total Parking Spaces 5

Building

Lot Description 0-1 Unit/Acre

Story 1

Water Public

Others

Tax ID 009093045

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Corban Holland • Pacifica Commercial Realty
Bought with Joanie Williams • RE/MAX Parkside Real Estate

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Todd McIntosh

+1(310) 770-8626

Agent | License ID: 01472763

Agent License ID: 01472763

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