Description
Downtown Commercial/Mixed-Use Building Lots! This offering consists of thirteen (13) legal, buildable commercial/mixed-use lots in the downtown core of San Miguel at only $42,500 per lot! Located on Mission St, just a few blocks North of the historic San Miguel Mission, these particular lots are truly at the center core of downtown San Miguel. The overall project (Tract 2995, 20 lots) has a pre-approved Conditional Use Permit for attractive commercial/retail spaces, with a mixed-use element that allows medium density residential units thru-out the upstairs! In fact, a downtown Plaza was part of the design element for these lots, as you'll see illustrated in the attached conceptual designs. However, those CUP approvals will likely require modification by the County for this 13 lot package, as it was originally designed for the 20 lot project in whole. The County of SLO may consider increased density of residential units (beyond just the upstairs) to accommodate market trends, or combining or reconfiguring the smaller lots to fewer, larger parcels. Have bigger ambitions? Consider buying the entire Tract 2995 (20 lots) for $730,000 (see individual MLS entry). Invest in your future and help turn this historic town into the desirable bedroom community of the Paso Robles' that it deserves to be! Great 1031 Exchange opportunity for a land hold. Owner financing may be considered to qualified buyer with at least 30% down payment.
-
0BEDS
-
1.33ACRES
-
0BATHS
-
01/2 BATHS
School Ratings & Info
Description
Downtown Commercial/Mixed-Use Building Lots! This offering consists of thirteen (13) legal, buildable commercial/mixed-use lots in the downtown core of San Miguel at only $42,500 per lot! Located on Mission St, just a few blocks North of the historic San Miguel Mission, these particular lots are truly at the center core of downtown San Miguel. The overall project (Tract 2995, 20 lots) has a pre-approved Conditional Use Permit for attractive commercial/retail spaces, with a mixed-use element that allows medium density residential units thru-out the upstairs! In fact, a downtown Plaza was part of the design element for these lots, as you'll see illustrated in the attached conceptual designs. However, those CUP approvals will likely require modification by the County for this 13 lot package, as it was originally designed for the 20 lot project in whole. The County of SLO may consider increased density of residential units (beyond just the upstairs) to accommodate market trends, or combining or reconfiguring the smaller lots to fewer, larger parcels. Have bigger ambitions? Consider buying the entire Tract 2995 (20 lots) for $730,000 (see individual MLS entry). Invest in your future and help turn this historic town into the desirable bedroom community of the Paso Robles' that it deserves to be! Great 1031 Exchange opportunity for a land hold. Owner financing may be considered to qualified buyer with at least 30% down payment.
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2026 San Diego MLS, Inc. Licensed in the state of California.