Address
614 13th Street, Paso Robles, CA
Price
$ 1,500,000
Property Attributes
- MLS#NS23172591
- TypeCommercial
- CountySAN LUIS OBISPO
- CityPaso Robles
- AreaPR Inside City Limit
- Zip93446
- StyleOffice
- Price$ 1,500,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage3665
- Lot Size6,000 SqFt
Data Source:
California Regional MLS (CRMLS)
Property Description
Stunning downtown Paso Robles office building, just one block away from the City Park. If you've been looking for a commercial investment opportunity in the heart of Paso Robles, you'll certainly want to consider this historic beauty. The original adobe brick structure is estimated to have been built in 1938 as a residence, and it's 85 year old character is undeniable. However, thanks to extensive investment, this inviting building now functions like a modern office thanks to the central HVAC (3 zoned units), modern electrical and plumbing appointments (including 3 baths, of which 2 are ADA compliant), network wiring, and more. Whether you are a professional user looking for the perfect downtown location for your practice, or an investor looking for a premium location for your wine country rental portfolio, this offering checks either box. In fact, the most ideal use may be a combination of both options - locate your professional practice in the original historic adobe side fronting on 13th Street, and then rent the self contained rear portion to any number of different user types for a strong monthly income offset. The rear portion of the building was added in the 1970's-1980's, and was built and operated as a medical practice into the 2000's, complete with handicap parking and access and could easily be used again for medical or dental. This section of the building could also be a perfect collaborative co-work space, as there are a number of private 'exam' rooms that could potentially be rented individually under the popular business model of shared workspaces. And all this within a 5 minute walk of literally dozens of fine restaurants, tasting rooms and drinking establishments.... yet with free street parking right in front for the convenience of your clientele. Desirable T4-Flex zoning will even allow a restaurant use, in addition to the obvious office or medical related uses. There really are so many options here worthy of exploration and your investment dollars. Market rate rents should generate in excess of $7,000/month for the entire building if you simply are looking for rental income alone. We are selling the building vacant, but will entertain lease requests subject to buyer interest and timing. Please note that an escrow cannot close prior to January 2024 (for tax reasons), but a user buyer could negotiate a purchase with pre-lease under certain circumstances.
| Price History | |
|---|---|
| 9/15/2023 | Listed $1,500,000 |
General Features
| Building Area Units | Square Feet |
|---|---|
| City | Paso Robles |
| Construction Materials | Adobe, Stucco |
| Cooling | Central Air |
| County | San Luis Obispo |
| Current Financing | None |
| Directions | Spring Street to 13th. West on 13th for 1/2 block - property is on the South side of 13th. |
| Exclusions | None |
| Heating | Central |
| Lease Considered Y/N | Yes |
| Listing Agent | Scott Ehrke - BRE#01012637 |
| Listing Agent State License | 01012637 |
| Listing Terms | Cash, Cash to New Loan, Owner May Carry |
| Lot Size Square Feet | 6000 |
| MLS Area | PRIC - PR Inside City Limit |
| Occupancy Description | Vacant |
| Property Sub Type Additional | Office |
| Property SubType | Office |
| Property Type | Commercial Sale |
| Roof | Flat, Tile |
| Special Listing Conditions | Standard |
| Standard Status | Active |
| Status | Active |
| Street Name | 13th |
| Virtual Tour | https://trimotionmedia.hd.pics/614-13th-St |
| Virtual Tour | https://trimotionmedia.hd.pics/614-13th-St/idx |
| Year Built | 1938 |
| Zoning | T4-F |
Interior Features
| Air Conditioning Y/N | Yes |
|---|---|
| Entry Level | 1 |
| Heating Y/N | Yes |
| Laundry Features | None |
| Livingareasource | Assessor |
| Street Suffix | Street |
| Total Stories | 1 |
Exterior Features
| Buyer Agent Compensation | 2.500 |
|---|---|
| Buyer Agent Compensation Type | % |
| Building Area Total | 3665 |
| Inclusions | Everything on site |
| Lot Features | Near Public Transit, Rectangular Lot |
| Lot Size Acres | 0.1377 |
| Lot Size Area | 6000 |
| Lot Size Source | Assessor |
| Lot Size Units | Square Feet |
| Number of Buildings | 1 |
| Water Source | Public |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 93446
Price
Visits
Year Built
Based on information from California Regional Multiple Listing Service, Inc. as of September 22, 2023 7:52 PM UTC This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
