San Simeon CA Real Estate & Commercial for Sale

727 Main St., West Village, Cambria Now for Sale! A much sought after high visibility, high foot traffic location for tourist & locals alike. Building for sale not the business. Steady rental income from long time tenants. Excellent 1031 property. The building comes with extra CCSD water allocations (per CCSD 2.38 EDU's) allowing for possible additional uses. Opportunity Knocks to own one of the best locations in this West Village area. Price Reduced now???????????????????????????????????????? $589,000.

783 Main is a recently remodeled, well maintained mixed use building located in Cambrias West Village. The ground floor features a bright and versatile retail space that has a private restroom and storage area. Upstairs is a newly renovated 1 bedroom residence with a private entrance and sundeck. Located right off of Highway 1 in Cambria, set on theSouthern end of Big Sur, it is the perfect location to capture the year-round tourist traffic. The second story residence provides the perfect place to stay on the Central Coast as well as a potential great source of income as a 30-day rental that is walking distance to the beach.

Looking to diversify your portfolio with a prime commercial property? Or maybe youre searching for a stable, long-term investment in one of Californias most charming coastal towns? Situated in the heart of Cambria, California, this fully occupied commercial property offers an exceptional investment opportunity in a high-visibility location. Cambria, renowned for its quaint village atmosphere, artistic community, and stunning natural beauty, draws both locals and tourists year-round. Cambria is located about half way between San Fransisco and LA, only 34 miles north of San Luis Obispo and 9 miles south of the famous Hearts Castle. With a population of around 6,000 residents, Cambria is nestled between scenic pine forests and the Pacific Ocean, offering a peaceful yet vibrant setting. The property is just 2 miles from the beach and only 1.4 miles from Highway 1, making it ideally located for continued success. It spans 6,473 square feet across 7 units, with one tenant currently occupying two units. Zoned commercial retail, it is fully leased to a variety of thriving businesses, including two popular restaurants, JJ's Pizza and Wild Ginger, the well-loved boutique Sea & Green, a salon, barber shop and a high-end smoke shop. Each business enjoys steady foot traffic thanks to the prime location in Cambria's bustling retail district.Family-owned and built in 1978, this property is on the market for very the first time!!! What a unique opportunity to own a piece of Cambria's history. The lot encompasses 32,300 square feet and includes a 22-space parking lot and three storage buildings. 4.95 EDUs of water are assigned to the lot and 3.95 EDUs are currently in use. With long-term tenants in place and the potential to further maximize rental income, this commercial property is a rare gem in one of Californias most picturesque coastal townsall offered at under $2M with a cap rate of approximately 4.9%. Seize this opportunity to grow your portfolio today!

Looking for a great investment opportunity in Cambrias endearing East Village? With an expansive lot size of 28,824 sq ft, this rare commercial property might just be what youre searching for! Three distinctive buildings await, offering endless possibilities for lucrative returns. The centerpiece of this ensemble is leased by the iconic Indigo Moon restaurant, a long-term tenant beloved by locals for 30 years. With indoor and outdoor dining options and a sun-drenched backyard oasis, continuing this relationship ensures regular revenue.Explore the captivating office/retail unit with its pinewood flooring, open-beamed ceilings, well-sized kitchen, ample storage, and a generous patio ideal for promotional events or displays. Completing the set is a gated residential duplex with a 3-bedroom, 1-bath dwelling adjoining a 2-bedroom, 1-bath retreat - sublet both, or rent one and use the other. With 20 dedicated parking spaces and 5 EDUs of commercial water rights, youre primed for sustained income and growth. Whether expanding your portfolio or securing a long-term asset, this stunning gem is a welcoming haven amid the vibrant community. Come for a tour before it slips away!

Live, work & play! The possibilities are endless on this sustainable ranch w/heavy commercial zoning! Charming 4br/2ba home on 6 AC. Incls 3,200 sq ft insulated warehouse w/apt. & mezzanine. Commercial greenhouse w/power & water + solar. 2nd greenhouse w/work stations create perfect environment for delicate plants & processing produce. Oversized pole barn & open bay garage w/lighted lot designed for RV & Boat parking. This would also make a great horse facility w/plenty of flat ground. There is an addtl 1,200 sq ft of covered parking/work bays w/concrete slab + small barn & chicken coop. 25,000 sq ft of asphalt + untouched land remaining for more ventures. Kubota tractor included in sale. Catch bass, crappie, carp, blue gill & shad from your own dock or take the boat out in the large pond while sharing space w/resident blue heron, snowy egret & bald eagles. The home is 1,856 sq ft w/a covered porch entry. Features hardwood flrs, dual pane windows, wood beamed & vaulted ceilings, numerous French doors w/covered patios to bring the outdoors in. Mini-split A/C system w/ceiling fans & wonderful wood burning fireplace. Homey kitchen w/oversized pantry & formal dining. Large master w/walk-in closet & spacious new bath. Washer dryer, water softener & solar panels are included. Sturdy carport accommodates personal vehicles. Shangri-La featuring lush landscape lined w/ rustic Carmel stone walls & soothing waterfall into shaded koi pond. Home for many mature koi fish & Rosie, the turtle. Relax in natural bird sanctuary or cozy up to the outdoor fireplace on the brick patio enveloped by bamboo & oaks. Soak in the peaceful setting of the Jacuzzi w/unobstructed views of mountains, sunrises, sunsets & the big night sky. Self-contained 2br apt. situated inside the warehouse has its own electric meter, propane tank & HVAC system. Incls living room, kitchen w/pantry, 2 large bdrms w/walk-in closets & a full bath. On the path to south shore entrance for Lake San Antonio w/paved road & electronic entry gate. Good well w/large water storage tanks. Unique commercial land surrounded by larger ranches just waiting for your new entrepreneurial ideas. Zoning allows for a wide variety of uses incl hotel, motel, restaurant, church, kennels, auto repair, trucking operations, contractors yards, cannabis activities & more. A good candidate for vacation rentals, glamp camp & event center. Check with Mo. Co. for specific regulations. 20% down, 20-year financing available.

A turnkey chance to own a charming Bed & Breakfast, an artisanal Bakery, a stylish Bar & Grill, and a versatile Wedding & Event Venueall in the heart of downtown Cayucos, just one block from the ocean.Originally built in 1875 by Captain Cass, the iconic Cass House is a 30,000 sq ft (0.68-acre) estate zoned for commercial use, offering significant potential for hospitality, retail, or private residential purposes.This landmark property features four distinct structures, including the renowned Bijou Bakery. The main residence, beautifully restored to its 1876 grandeur, includes ensuite bedrooms, a reception area, a banquet room, a formal dining room, and a commercial-grade kitchen. A picturesque wedding arbor and expansive lawn provide an idyllic event setting, while a guest house offers additional accommodations or on-site management space. The property also includes cold storage, dry storage, public restrooms, on-site parking, and established gardens, perfect for farm-to-table dining.The fully equipped restaurant space, formerly the Cass House Bar & Grill, is ready to reopen with a wood-fired oven, professional-grade kitchen, full bar, and an alfresco dining pavilion with retractable covers. The Bijou Bakery currently operates under a month-to-month lease, giving the new owner flexibility to renegotiate terms or explore new opportunities.The Cass House, originally priced at 5 million more than a decade ago, was acquired in 2014 for 2.5 million. Substantial investments were made to redevelop the property, including the addition of new structures like a bar & grill, bakery, outdoor pavilion, storage, restrooms, and parking facilities. Throughout the development process, the property's original architecture was carefully preserved to ensure its charm and character were maintained. This project required dedication and passion to bring to fruition.Accessible from 149 Cayucos Dr. and 222 N. Ocean Ave., this rare investment offers a blend of history, oceanfront proximity, and commercial potential in a thriving coastal community. Whether as a hospitality business or private estate, the Cass House is an extraordinary opportunity to own a piece of California history.

Premier Vineyard with boutique winery, estate home and charming farm house in Paso Robles Willow Creek AVA. Located in the coveted Willow Creek AVA, 2867 Township Road offers an extraordinary opportunity to own an 80-acre vineyard estate blending natural beauty, historic charm, and modern amenities. With 28 acres of producing vineyards, a custom-built main house, remodeled farmhouse, and bonded winery facility, this wine country property is ideal for winemakers and investors alike. Expansive Home with Vineyard Views: Built in 1988, the 4,900 sq. ft. main house balances timeless design with modern comforts. It features 4 bedrooms and 4 bathrooms, including a spacious primary suite with vaulted ceilings, wood-burning fireplace, and an expansive en suite bath. Large windows and skylights fill the home with natural light. The chefs kitchen, with a breakfast nook overlooking the vineyards, is perfect for entertaining or everyday living. Outdoor features such as a courtyard, pool, and gathering spaces provide a serene setting for relaxation or hosting guests. Versatile Historic Farmhouse: The remodeled 1,200 sq. ft. farmhouse, originally built in 1897, with new roof and reinforced foundation offers 2 bedrooms and 1 bathroom, making it ideal for guests, rental income, or a caretaker. Its restored exterior enhances the estates charm and appeal. The estates 28 acres of producing vineyards are planted with Zinfandel, Cabernet Sauvignon, Merlot, Petite Verdot, and Chardonnay, thriving in the cool microclimate and rich soils of the Willow Creek AVA, renowned for commanding some of the highest grape prices in Paso Robles. The property also includes 4.5 fallow acres for future expansion and a 3,000 sq. ft. bonded winery facility equipped for wine storage and productionoffering a solid foundation for scaling operations or creating a boutique label. Perfect for Work and Play: Minutes from Highway 101, this property offers privacy and convenience. Neighboring G2 Vineyard and other premier producers, it is also located near coastal destinations. Savvy Investment Opportunity: Williamson Act enrollment provides significant agricultural tax savings. Owners are open to partial seller financing and leaseback options, making this estate an attractive long-term investment for winemakers and entrepreneurs. Cultivate a legacy in Californias celebrated wine country. Whether producing world-class wines or creating a serene retreat, 2867 Township Road is yours to???????????????????????????????????????? define.

COMMERCIAL PROPERTY W/ONSITE LIVING QUARTERS Lively corner location w/ paved road on path to Lake San Antonio. Elevated site creates awesome views. 20 acres w/ 2,800 SF well-equipped restaurant previously licensed for beer & wine w/ commercial kitchen, prep areas, 2 restrooms, 2 walk-in coolers, & bar area refrigeration. Open seating & booths, full-sized bar, entertainment stage, dance floor, & expansive front porch overlooking the countryside. Appliances & furnishings included. Building in great condition w/ new roof. Self-sufficient w/well, septic & propane. Good contender for public events, tasting room, retail cannabis, gift shop w/ souvenirs, convenience store w/ deli, vacation rentals w/ accommodations for big boy toys along w/ pets & animals. 2.5 acre fenced area permitted as RV & boat storage lot. All this plus an immaculate 1,876 SF 3/2, mfg. home in private location w/ fabulous views. Open floor plan w/ high ceilings & natural lighting. Featuring laminate wood floors, granite counters, S/S appliances, F/P, tankless W/H, fridge. W/D & water softener included. Individual well, septic & propane. Solar system in place for low electric bills. Historic Jolon Road is part of Monterey Co.s designated AVA wine corridor; One of countrys oldest grape-growing & winemaking regions. Home to generations-old families & recent neighbors w/ interest in food & wine. Lake San Antonio offers year-round activities & amenities including 26 miles of equestrian, hiking & biking trails, marina, campsites, rental cabins, shoreline camping, eagle watching tours, & more. Lake enjoyed by fishermen & sporting enthusiasts. Wildflower Festival & Triathlon draw 1,000s of guests. Car, motorcycle & bike clubs travel Jolon Rd. Ft. Hunter Liggett hosts Hacienda restaurant, recreational center, pool, bowling alley, & movie theater; Permits for hunting & fishing. Tourists drive scenic Nacimiento Ferguson Road to beaches of Big Sur. Mission San Antonio de Padua is the last remaining CA mission in original setting/peaceful gardens & museum w/ local artifacts, photos, & memorabilia. Church services held weekly as well as annual Fiesta drawing 1,000s of visitors. Bring revenue making ideas to service local community and tourists passing by this multi-purpose property. Check w/ Mo. Co. for specific regulations. 10 mins. to Hwy. 101. Shopping, dining, hospitals & small airports within hour. Close to PR; EZ drive to Bay Area. Financing available with 30% down!

This 47-acre vineyard property, featuring 44 meticulously maintained planted acres, offers a rare opportunity in Paso Robles prestigious westside, within the coveted Willow Creek District sub-AVA. Known for limestone-rich soils, ideal elevation, and cooling coastal influences, this region is celebrated for producing complex, high-scoring wines. The vineyard includes 26 acres of Cabernet Sauvignon, 11 acres of Syrah, 5 acres of Viognier, 1 acre of Petite Sirah, and 1 acre of Chardonnay, offering a sought-after varietal mix. The vineyard is currently under contract for the next two years and is in the process of being Sustainability In Practice "SIP" certified. Neighboring acclaimed wineries like Booker Wines, this high-traffic location is perfectly positioned to establish or elevate a premium wine brand.The property features a 1,500 sq. ft. winery and tasting room, complete with an inviting crush pad and patio designed to enhance the tasting experience. Breathtaking views of rolling vineyards and ancient oaks capture the timeless beauty of Paso Robles wine country. This is a rare chance to own a prestigious slice of one of Californias finest wine regions, where premium wines are crafted, and lasting legacies are built.

Rooted in Paso Robles, this exceptional opportunity offers a renowned winery and tasting room in the prestigious Willow Creek District, the heart of Hwy 46 West, surrounded by Paso's elite wine brands. This 10.5-acre property combines a rich history with high-caliber winemaking infrastructure, providing an ideal location for producing and selling up to 15,000 cases of wine annually. Located near Booker Winery and other Paso Robles icons, this winery offers both heritage and advanced production capabilities. The 10-acre parcel includes a 5,000 sq. ft. indoor production facility, a 5,000 sq. ft. covered outdoor area, and a 2-acre Malbec vineyard with additional plantable land. Fully permitted and ADA compliant, the property is designed for continued production and potential expansion. Its expansive outdoor hospitality venue provides a perfect setting for events, music, and tastings, making it a compelling location for wine enthusiasts.

Brand-new, modern industrial style mixed-use property located just two blocks from the oceanfront on The Embarcadero consisting of a 1 bed / 1 bath home, two commercial spaces, and a roof-top deck.The third floor rooftop deck is enclosed by sleek glass balustrades and showcases breathtaking views from Cayucos to Montana De Oro. The second floor hosts a luxurious one-bed, one-bath home with a loft that features an open-concept living area, custom bamboo cabinetry, a leathered granite kitchen island, and a floor-to-ceiling moving glass wall system for uninterrupted views of Morro Rock and beyond. The kitchen includes premium JennAir Noir appliances, such as a built-in coffee/cappuccino maker, a double oven, and a built-in refrigerator. On the ground floor you'll find two commercial spaces: a spacious two-car garage and a light-filled 253 sqft storefront that can serve as many different business types. Both units have custom glass roll-up doors, and they share an ADA-compliant bathroom. Experience the best of coastal living and business potential in this one-of-a-kind property!

Prime commercial property for sale in the heart of town, offering an exceptional investment opportunity. This 2,322 square foot building is situated on a substantial 17,860 square foot lot, strategically located in a high-traffic area with excellent footfall, making it ideal for various commercial uses. The property comprises two buildings currently occupied by well-established businesses: an Auto Mechanic and a Machine Shop, ensuring consistent rental income (note that businesses are not for sale). Recent upgrades include a new roof for the Machine Shop in 2019 and a refreshed front facade in 2018, enhancing both the aesthetic appeal and structural integrity of the property. This prime location, combined with the solid tenant base and recent improvements, presents a compelling proposition for investors looking to expand their real estate portfolio or for entrepreneurs seeking a prominent location for their next venture. Don't miss this unique opportunity to secure a highly desirable commercial property in a thriving community. For more information or to schedule a viewing, please contact your Realtor today!

600 Morro Bay Blvd. Ste. B has great visibility being located at the intersection of Morro Bay Blvd. and Shasta Ave. just 6 blocks from the Embarcadero and 6 blocks to HWY 1. Ample street parking surrounding the property allows ease of access to your business. Building is also available for lease.

In the heart of Morro Bay, this exceptional legacy mixed-use property spans three legal APNs/Lots and offers a rare investment opportunity. The property includes a 975-square-foot single-family home at 753 Piney Way, a commercial retail building, and a 1,676-square-foot restaurant. The retail building, located at the corner of Morro Bay Blvd and Piney Way, houses three commercial units: 775 Piney Way with 1,400 square feet (currently occupied by a pest control company), 698 Morro Bay Blvd with 1,600 square feet (formerly a dance studio), 696 Morro Bay Blvd with 1,300 square feet (currently occupied by a thrift store). Sitting on its own legal lot is 650 Morro Bay Blvd with a 1,676-square-foot restaurant. The property also includes a 6,650-square-foot parking lot. Please note that the businesses are not for sale; this listing is for the real estate only. This is a unique opportunity to own a versatile multi-use property in the vibrant coastal community of Morro Bay. All measurements are approximate and have not been verified.

Templeton Medical Center right across the street from Twin Cities Community Hospital. This is a unit on the lower parking lot offering ample door front parking on on the same level. Best patient access for the center. This is two condo units (O & P)brought together as one larger office. Plenty of room for a larger medical business or other potential uses. This unit is in the perfect location with a major hospital, surgery centers and many other health related professionals. There are two access doors to the parking lot, level 1st floor use for ADA patients. Possible potential to return it to separate units if desired. The condo has a waiting/reception area, reception office and front counter, 5 exam rooms, private offices, procedures room, storage room and more. I general floor plan is provided with this list. With very little work this unit is business ready. *All information provided from agent and seller is thought to be from reliable sources but is not guaranteed or verified. Buyer agrees to verify all information during buyer due diligence period.

1050 las tablas: This 1,200 sq. ft. medical condo is ideally located next to Twin Cities Hospital, offering convenience for healthcare professionals and patients alike. The space includes three exam rooms with sinks, a waiting room, reception area, break room, two restrooms, and an office. The property features ample parking and a monthly association fee of $725, which covers gas, water, trash, landscaping, insurance, and property reserves. A perfect turnkey solution for medical practitioners looking for a well-situated, functional space.The property is also available for lease at $1,500 per month Gross.

Commercial Condo for Sale Prime Medical & Wellness Space in West TempletonOpportunity to own a versatile commercial condo in the highly desirable West Templeton complex, home to medical and wellness professionals. This space is perfect for medical practitioners, wellness specialists, or investors seeking a well-maintained, turn-key property.Key Features:-Location: Conveniently located near Highway 101 and Twin Cities Hospital.-Quiet & Accessible: Situated in a peaceful setting with easy access for clients and staff, with a meditation garden courtyard.-Ample Parking: Plenty of parking available for both patients and employees.-Modern Amenities: Stylish waiting room and updated reception area. 3 exam rooms, each equipped with sinks and exam tables. Private office and break room. Updated restroom, built-in storage, and closets.-Medical Equipment: A full list of equipment available upon request.-High Speed Internet: Downloading speed tested at 350 mbps-Owner's Association Benefits: Includes water, trash services, and all exterior maintenance.This space is optimal for medical or wellness professionals looking to establish a practice in a convenient, modern setting, or for investors seeking a valuable asset in the growing medical sector.Long term lease or lease option will also be considered.Click virtual tour to take a video tour or schedule your private showing today!

Discover an incredible investment opportunity with three office condos totaling 3,600+/- square feet, conveniently located on the west side of Templeton, right next to Twin Cities Hospital. This is ideal for medical professionals, investors, or a combination of both. Priced at only $595,000, it's your chance to own your own space instead of renting and/or to diversify your investment portfolio. This attractive complex provides ample parking, landscaped courtyards & great accessibility. The current layout provides flexibility with multiple exam rooms, private offices, workstations, reception areas, lounges, storage rooms, restrooms and more. The HOA fees are $612/month per unit which includes water, trash, exterior maintenance & insurance. Seller would consider selling 1 or 2 of the condos. Occupants may not need to be related to the medical field, so check with the listing agent for further details. Dont miss out on this rare chance to secure your future in real estate contact us today for more information and to arrange a viewing.

Prime 10,890 square foot lot offering vast investment potential. Ideally located across the street from the State Park on a corner lot bordered by Allesandro St, Bella Vista Dr and Morengo Dr. The property features a 1,200 square foot workshop with two large roll up doors, 200 amp 3 phase electrical service and a new TPO membrane roof. A new sewer line was installed with 6 clean outs. Water is plumbed to the workshop and natural gas is available on site. Current zoning is Industrial. Seller has preliminary approval from the city for a mixed-use residential/commercial subdivision with 5 residential units. Buyer to verify current and future potential uses of the property. Seller financing may be available.

This property offers the first winery and tasting room along Highway 46 West in the Templeton Gap AVA. The 40-acre estate can be purchased as a whole or as one of four individual parcels. The land fronts Highway 46 West, with 36 acres planted with Malbec, Cabernet, Barbera, Merlot, and other varietals. The winery includes a tasting room, production and storage buildings, and beautifully cultivated vineyards along the scenic highway. The 2,100-square-foot residence is also situated on a knoll, providing stunning views of West Templeton and the Santa Lucia Mountains. This three-bedroom, two-bath home features an open-concept living area, a stacked stone fireplace, engineered reclaimed barn wood flooring, and much more. The 12' x 60' deck is an excellent outdoor entertaining space. Some believe this location served as the headquarters for the original Spanish land grant, though that remains unconfirmed. The winery has been operational for approximately 27 years and has a use permit for a 15,000-case capacity. The tasting room is about 1,100 square feet, complete with a bar area, retail space, tastings, and an ADA-compliant bathroom.Outside, you will find two insulated production and storage buildings featuring a backup generator, measuring approximately 2,500 square feet and 1,280 square feet, respectively. The property has an 8-inch well with a 30-horsepower variable pump, a filtration system, and an irrigation well. Please note that the equipment and labels are not included in the sale.

Brand new commercial building pad available for sale inside a new Office/Retail center located adjacent to the Trader Joe's Center off the US 101 Vineyard Drive freeway Exit. Price includes $125,000.00 worth of architectural and plan check fees, plans for a +/- 12,000 Shell with covered parking (currently in plan check), paid traffic fees, and up to 4 water and sewer units should the use require it.

Investors, Developers and Contractors! 6 Commercial service zoned lots located in the central business district of downtown historic Templeton. Each parcel is 50'x 150'. Selling all six parcels together for a total of 1.03 acres. Previously approved for a 5 building commercial development. Two water meters currently installed with another 3 available for purchase(Buyer to verify with TCSD). Great views looking east of rolling hills and salinas river area. Don't miss this opportunity to own a piece of downtown Templeton.

Prime Commercial Property Opportunity in Downtown Templeton!Welcome to an exceptional Commercial Real Estate opportunity in the Heart of Templeton on the Central Coast of California. Two legal lots/ parcels that both front Main Street. Templeton is brimming with potential and is an absolute gem for savvy investor/builder and entrepreneurs as new residential units are continuing to be developed, walking distance to this perfect downtown location. Templeton has a Hospital and medical support offices, Trader Joes, 2 gas stations-plus a third being built, a Boutique Hotel under construction and numerus "Michelin Star Restaurants close by, wineries and tasting rooms, downtown weekend Farmers Market. Located East of the 101 FRWY with 3 exits towards downtown, south of Paso Robles City, north of Atascadero City. Property Overview:Location: Downtown Templeton, San Luis Obispo County, the epicenter of California's renowned wine country.Lot Size: 1 Acre (approx.)Utilities: All utilities readily available.Water Meters: Four water meters (2 per Lot) paid and transferable to new owner.Sewer: TCSDFire main infrastructure has been installedSidewalk on Main Street along both lots

Prime Multi-Family/Commercial Mixed-Use Investment Property on two lots in Downtown Paso Robles. This exceptional mixed-use property is a rare find. Offering substantial income from 6 fully occupied units on two different parcels with potential for future rent increases. The first property is on a 14,048 sq ft lot and includes four Bungalows, a commercial building currently used as a dental office, and a garage/storage building. Each bungalow features 1 bedroom and 1 bathroom w/approx 900 sq. ft. All bungalows are fully occupied, on month-to-month rental agreements. Garage/storage building w/four spaces provides enclosed parking and storage for bungalow tenants. The commercial building is 1820 sq ft and leased as a dental office until 2027. The second parcel at 15,000 sq ft, includes a detached single-family residence w/ 2 bedrooms, 1 bathroom, approx 640 sq. ft. This home is currently in a one-year lease. This adjoining lot also incudes designated parking for the commercial building. This property presents a unique opportunity to own a versatile asset with multiple revenue streams in a highly desirable location. Don't miss out on this prime investment in downtown Paso Robles, two blocks from the downtown park, restaurants and shopping.

Unlock the potential of this versatile property in the heart of Paso Robles. This unique offering features a ready-to-renovate industrial steel building at the front of the lot and a large, flat parcel of land at the back, providing substantial development opportunity. With ample parking and a total of 48,787 sq ft, the TC-2 zoning allows for flexible use, whether maintaining its industrial character or redeveloping it into residential or commercial space. The property is positioned to generate $2.00/sq ft triple net (NNN) rent, supported by strong local comps, and offers an impressive $141,000+ annual NOI with a 7.05% cap rate. A fully stabilized underwriting plan includes a $500,000 renovation budget, and there's significant upside potential with the possibility of developing the back lot into a multi-use residential or commercial compound. Zoning permits a variety of building types, including live-work units, rowhouses, and stacked dwellings up to 50 feet in height. This property is perfect for investors seeking immediate rental income with long-term development prospects in one of Paso Robles' most desirable areas. Dont miss this incredible opportunity to build and create value!