1020 Division Street, Nipomo, CA 93444 - Berkshire Hathaway HomeServices California Properties

1020 Division Street, Nipomo, CA 93444

$700,000 Approx. USD 0 beds, 0 baths

Listing Agent


Richard Gonzalez | richard.gonzalez@compass.com
Lic#: 01429838
Broker: Courtesy of Compass

Agent Remarks

Prime Commercial Corner Lot with Expired Approvals for Mixed-Use Development, Including Convenience Store, & Liquor License in Nipomo! Seize this incredible opportunity to develop a 0.61-acre corner lot located at the bustling intersection of Division Road and Hazel Lane. This commercially zoned parcel was previously approved for a mixed-use building featuring a 7,300 sq ft commercial space, including a convenience store, on the first floor, along with three garage spaces and six residential units totaling 4,800 sq ft on the second floor. The project includes a two-pump gasoline island with an 860 sq ft canopy, 20 parking stalls, and professionally designed landscaping. Parking design modifications were also approved to optimize space efficiency. All previous approvals, including the liquor license, have since expired and will need to be resubmitted for county review and re-approval. Water approval is still pending, with an application already submitted but not yet finalized, presenting a key consideration for developers. Situated in a high-traffic location within the South County Inland sub-area, this property is primed for retail, residential, and service-based businesses, including a convenience store. Don't miss out on this ready-to-develop investment opportunity!

Listing Details

Property type: (Lots/Land)
Status: Active
MLS# PI24220143
Price: $700,000
HOA Fee is $0.00
Beds: 0
Baths: 0
0.62 acres
Lot size: 0.6152
Subdivision: Nipomo(340)
County: San Luis Obispo
Zoning: CR
Lot description: Corner Lot
MLS area: NPMO - Nipomo

Last Updated: 12/5/2024

 Days On Market (DOM): 202

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This listing belongs to the NPMO - Nipomo MLS area

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Lat/Long: 35.020566, -120.489941.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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