90131001 W Branch, Property Listing: MLS® #SC23040665

This property is situated on the corner of W Branch Street & North Mallagh Street. The property is bounded on three sides by the Burton "paper" street, Branch St, and Mallagh St. The "paper" Burton St is a dedicated County right-of-way and not a finished street. This is a perfect opportunity for a development because the property on the other side of Burton St is already under development. Directly across the street from the subject property are homes. The property is zoned Office Professional which can be developed as commercial or residential or a mix of both. The land can be developed into a residential property under the Workforce Housing Subdivision ordinance which allows for high-density, individually owned properties, or as a high density multi-family development, see Supplements for explanations on these two alternative development opportunities. Part of the value of this property for residential is its proximity to one of the most popular restaurants on the central coast, Jockos Steakhouse. The property is flat and is within the urban reserve line.

90131001 W Branch, Property Listing: MLS® #SC23040665 Close
Page Summary
  • MLS® #: SC23040665
  • 90131001 W Branch
  • , CA 93444
  • $713,400
  • 64904 SqFt, 1.49 Acres
  • Office: Greater Heights Financial & Realty Inc

This property is situated on the corner of W Branch Street & North Mallagh Street. The property is bounded on three sides by the Burton "paper" street, Branch St, and Mallagh St. The "paper" Burton St is a dedicated County right-of-way and not a finished street. This is a perfect opportunity for a development because the property on the other side of Burton St is already under development. Directly across the street from the subject property are homes. The property is zoned Office Professional which can be developed as commercial or residential or a mix of both. The land can be developed into a residential property under the Workforce Housing Subdivision ordinance which allows for high-density, individually owned properties, or as a high density multi-family development, see Supplements for explanations on these two alternative development opportunities. Part of the value of this property for residential is its proximity to one of the most popular restaurants on the central coast, Jockos Steakhouse. The property is flat and is within the urban reserve line.

Supplemental Remarks

Essential Information

  • MLS® #SC23040665
  • Listing Price$713,400
  • Original Listing Price$713,400
  • List Price per Square Foot$10.99
  • Date ListedFebruary 28th, 2023
  • Days on Market430
  • Square Footage64,904
  • Acres1.49
  • Lot Sq.Ft.64,904
  • TypeLot / Land
  • StatusACTIVE

Dues

  • HOA Dues$0
  • Mello Roos Dues$415,585
  • Total Monthly Dues$34,632

Community Information

  • Address90131001 W Branch
  • AreaNIPOMO (93444)
  • SubdivisionTown of Nipomo
  • CountySan Luis Obispo
  • StateCA
  • Zip Code93444

Exterior

  • Lot DescriptionNational Forest
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Listing information last updated on November 29th, 2024 at 11:08pm PST.