188 West Tefft Street Pending Save Request In-Person Tour Request Virtual Tour
Nipomo,CA 93444
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Pending
Purchase Type For Sale
Square Footage 1,572 sqft
Price per Sqft $429
MLS Listing ID PI-25078516
Year Built 1961
Lot Size 0.401 Acres
Property Sub-Type Duplex
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 above--maximizing both exposure and revenue on this prime corner parcel. Whether you're an investor, developer, or owner-user, this is a golden opportunity to secure a rare property in a high-traffic location. Don't miss out--opportunities like this don't 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 Npmo - Nipomo
Zoning CR
Interior
Inclusions Stove
Laundry In Closet
Exterior
Parking Features Street
Pool None
Community Features Foothills
Building
Lot Description Corner Lot
Sewer Public Sewer