31
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$675,000
Est. payment /mo
0.4 Acres Lot
Active
188 W Tefft ST Nipomo, CA 93444
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Nipomo(340)
MLS Listing ID PI25078516
HOA Y/N No
Year Built 1961
Lot Size 0.401 Acres
Property Sub-Type Duplex
Property Description
Duplex on Commercial Lot with Development Potential!
Welcome to this unique investment opportunity located on a high-visibility corner lot along bustling Tefft Street in Nipomo. This "grandfathered-in" duplex features (TWO) 2 bed/1 bath units on a spacious lot with room for an additional ADU.
Zoned for commercial use, this property presents endless potential while currently generating rental income as a duplex. The highest and best use may be redevelopment into a mixed-use building, with commercial suites on the ground floor and residential units above—maximizing both exposure and revenue on this prime corner parcel. Whether you're an investor, developer, or owner-user, this is a golden opportunity to secure a rare property in a high-traffic location. Don't miss out—opportunities like this don't last long!
The property can NOT do conventional financing, however the seller is willing to seller finance. Call to discuss seller financing options.
Welcome to this unique investment opportunity located on a high-visibility corner lot along bustling Tefft Street in Nipomo. This "grandfathered-in" duplex features (TWO) 2 bed/1 bath units on a spacious lot with room for an additional ADU.
Zoned for commercial use, this property presents endless potential while currently generating rental income as a duplex. The highest and best use may be redevelopment into a mixed-use building, with commercial suites on the ground floor and residential units above—maximizing both exposure and revenue on this prime corner parcel. Whether you're an investor, developer, or owner-user, this is a golden opportunity to secure a rare property in a high-traffic location. Don't miss out—opportunities like this don't last long!
The property can NOT do conventional financing, however the seller is willing to seller finance. Call to discuss seller financing options.
Location
State CA
County San Luis Obispo
Area Npmo - Nipomo
Zoning CR
Interior
Inclusions Stove
Fireplace No
Laundry Laundry Closet
Exterior
Parking Features On Street
Pool None
Community Features Foothills
Private Pool No
Building
Lot Description Corner Lot
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 090131007
Acceptable Financing Cash, Owner May Carry
Listing Terms Cash, Owner May Carry
Special Listing Condition Trust
Listed by Breana Stachura • BHGRE Haven Properties • 805-801-2787