$4,595,000
For Sale

1306 Pine Street

Paso Robles, CA 93446
0.57 acres | #NS24235150
Listing OfficeRE/MAX Success
Browse 65 photos
Type:Purchase
Structure:Retail
Zone:Commercial

Description

Prime DOWNTOWN Paso Robles Commercial Offering! Opportunities like this don’t become available often. In fact, the last time this iconic multi-tenant commercial property was offered for sale was in the 1920’s when acquired by the current family ownership. The history here is truly captivating, from its pre-war years as the Paso Robles Ford dealership (the Twenty Millionth Ford Model A was delivered here!), through its current iteration hosting seven quality tenants providing dining, retail, coffee and wine tasting to the Paso Robles thriving downtown. The largest downtown parcel offered in over a decade, this site is uniquely situated on a street-to-street parcel fronting 13th Street, providing unmatched visibility and exceptional accessibility. What an incredible combination of having one of the highest traffic counts in all of the downtown, yet being just one block away from the Paso Robles City Park.... and with the optimal TC-1 zoning! While the location and history are truly remarkable, the income opportunity here is equally exciting. Tenants include Cowgirl Café, Sealed with a Kiss, LXV Wine Lounge, Spice of Life, Fresh Donuts, Slow Rush Coffee, plus a 2,000+ SF space formerly occupied by a bakery (now leased for storage by one of the existing tenants). Generous onsite and street parking ensures convenience for tenants and patrons alike. Full lease terms, rates, income and expense info, etc. available to qualified buyers (with signed NDA). Whether you’re looking for a prime location for steady, long-term income generation, or to reimagine its history and potential into a one-of-a-kind cornerstone holding, this property’s location and prominence make it an irreplaceable opportunity in Paso Robles’ vibrant and dynamic downtown.

  • Property Details
      • Lot DescriptionNearPark, NearPublicTransit, StreetLevel
      • Stories1
    • Measurements
      • Acres0.5739
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1922
  • Utilities / Energy Details
      • Utility SourcePublic
  • Community and Neighborhood Details
      • CountySan Luis Obispo
  • Financial Details
      • Original List Price$4,595,000
  • Other
      • MLS #NS24235150

Location

SparrowLily Realty, Inc.Real Estate Group
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years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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