646 Grande Ave,  Nipomo  (93444)

$3,350,000

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Listed By: Chase Morgan of Morgan Brothers Real Estate

PROPERTY DETAILS

Address: view address
Nipomo, CA 93444
Map Location
Lot Size: 187308.0
Views:HillsProperty Type:Land
Neighborhood:Nipomo(340)County:San Luis Obispo
List Date:2024-01-23Listing Number:SC24014963
Days on market:113

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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Exterior

Exterior and Lot

Lot features:Secluded, Near Public Transit

Property Features

Fencing:Wood, Wire

Property and Lot Details

Features

Community Features:Suburban

View

Views:Hills, Mountain(s)Has View:Yes

Other

Sewer:Septic Tank

Fee

Special Listing Conditions:Standard

Lot

Lot Dimensions:187308.0

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