1020 Division Street

Nipomo, CA 93444

$700,000

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Property Description

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!

Listing Information

List Price $700,000
Status Active
MLS PI24220143
HOA $0
Type Land
Lot Size 26,800
Structure Size N/A
Courtesy Of Compass
Listing Agent Richard Gonzalez DRE#01429838

Interior Features

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Exterior Information

Maps

Listing information courtesy of: Richard Gonzalez, Compass 805-779-7800. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 25th, 2024 at 2:33 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.