1020 Division, Property Listing: MLS® #PI24220143

Prime Commercial Corner Lot with Expired Approvals for Mixed-Use Development, Including Convenience Store, & Liquor License in Nipomo! Seize this incredible opportunity to develop a 0.61-acre corner lot located at the bustling intersection of Division Road and Hazel Lane. This commercially zoned parcel was previously approved for a mixed-use building featuring a 7,300 sq ft commercial space, including a convenience store, on the first floor, along with three garage spaces and six residential units totaling 4,800 sq ft on the second floor. The project includes a two-pump gasoline island with an 860 sq ft canopy, 20 parking stalls, and professionally designed landscaping. Parking design modifications were also approved to optimize space efficiency. All previous approvals, including the liquor license, have since expired and will need to be resubmitted for county review and re-approval. Water approval is still pending, with an application already submitted but not yet finalized, presenting a key consideration for developers. Situated in a high-traffic location within the South County Inland sub-area, this property is primed for retail, residential, and service-based businesses, including a convenience store. Don't miss out on this ready-to-develop investment opportunity!

1020 Division, Property Listing: MLS® #PI24220143 Close
Page Summary
NEW
  • MLS® #: PI24220143
  • 1020 Division
  • , CA 93444
  • $700,000
  • 26800 SqFt, 0.62 Acres
  • Office: Compass

Prime Commercial Corner Lot with Expired Approvals for Mixed-Use Development, Including Convenience Store, & Liquor License in Nipomo! Seize this incredible opportunity to develop a 0.61-acre corner lot located at the bustling intersection of Division Road and Hazel Lane. This commercially zoned parcel was previously approved for a mixed-use building featuring a 7,300 sq ft commercial space, including a convenience store, on the first floor, along with three garage spaces and six residential units totaling 4,800 sq ft on the second floor. The project includes a two-pump gasoline island with an 860 sq ft canopy, 20 parking stalls, and professionally designed landscaping. Parking design modifications were also approved to optimize space efficiency. All previous approvals, including the liquor license, have since expired and will need to be resubmitted for county review and re-approval. Water approval is still pending, with an application already submitted but not yet finalized, presenting a key consideration for developers. Situated in a high-traffic location within the South County Inland sub-area, this property is primed for retail, residential, and service-based businesses, including a convenience store. Don't miss out on this ready-to-develop investment opportunity!

Supplemental Remarks

Essential Information

  • MLS® #PI24220143
  • Listing Price$700,000
  • Original Listing Price$700,000
  • List Price per Square Foot$26.12
  • Date ListedOctober 24th, 2024
  • Days on Market1
  • Square Footage26,800
  • Acres0.62
  • Lot Sq.Ft.26,800
  • TypeLot / Land
  • StatusACTIVE

Dues

  • HOA Dues$0

Community Information

  • Address1020 Division
  • AreaNIPOMO (93444)
  • CountySan Luis Obispo
  • StateCA
  • Zip Code93444

Exterior

  • Lot DescriptionCorner Lot, Curbs
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Listing information last updated on December 1st, 2024 at 12:24pm PST.