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.
|
DAYS ON MARKET
|
10
|
LAST UPDATED
|
4/10/2025
|
|
TRACT
|
Nipomo(340)
|
YEAR BUILT
|
1961
|
|
COMMUNITY
|
Nipomo
|
COUNTY
|
San Luis Obispo
|
|
STATUS
|
Active
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PROPERTY TYPE(S)
|
Residential Income
|
| AREA |
Nipomo |
| GARAGE |
On Street |
| HOA DUES |
0 |
| LOT |
0.4 acre(s) |
| LOT DESCRIPTION |
Corner Lot |
| PARKING |
On Street |
| POOL DESCRIPTION |
None |
| SEWER |
Public Sewer |
| STORIES |
1 |
| SUBDIVISION |
Nipomo(340) |
| WATER |
Public |
| ZONING |
CR |
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Listed with BHGRE Haven Properties
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 4/19/25 3:35 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2025.
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