188 W Tefft Street Pending Save Request In-Person Tour Request Virtual Tour
Nipomo,CA 93444
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Pending
Purchase Type For Sale
MLS Listing ID PI25078516
Bedrooms 4
Lot Size 0.401 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
Duplex on Commercial Lot with Development Potential! Welcome to this unique investment opportunity located on a high-visibility corner lot along bustling Tefft Street in Nipomo. This "grandfathered-in" duplex features (TWO) 2 bed/1 bath units on a spacious lot with room for an additional ADU. Zoned for commercial use, this property presents endless potential while currently generating rental income as a duplex. The highest and best use may be redevelopment into a mixed-use building, with commercial suites on the ground floor and residential units abovemaximizing both exposure and revenue on this prime corner parcel. Whether youre an investor, developer, or owner-user, this is a golden opportunity to secure a rare property in a high-traffic location. Dont miss outopportunities like this dont last long! The property can NOT do conventional financing, however the seller is willing to seller finance. Call to discuss seller financing options.
Duplex on Commercial Lot with Development Potential! Welcome to this unique investment opportunity located on a high-visibility corner lot along bustling Tefft Street in Nipomo. This "grandfathered-in" duplex features (TWO) 2 bed/1 bath units on a spacious lot with room for an additional ADU. Zoned for commercial use, this property presents endless potential while currently generating rental income as a duplex. The highest and best use may be redevelopment into a mixed-use building, with commercial suites on the ground floor and residential units abovemaximizing both exposure and revenue on this prime corner parcel. Whether youre an investor, developer, or owner-user, this is a golden opportunity to secure a rare property in a high-traffic location. Dont miss outopportunities like this dont last long! The property can NOT do conventional financing, however the seller is willing to seller finance. Call to discuss seller financing options.
Location
State CA
County San Luis Obispo
Area Nipomo (93444)
Zoning Public Rec
Building
Lot Description Corner Lot
Story 1
Others
Acceptable Financing Cash,Seller May Carry
Space Rent $1,900
Listing Terms Cash,Seller May Carry