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$675,000
$675,000
Est. payment /mo
0.4 Acres Lot
Sold on 05/19/2025
188 W Tefft ST Nipomo, CA 93444
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Key Details
Sold Price $675,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PI25079525
Year Built 1961
Lot Size 0.401 Acres
Property Sub-Type Mixed Use
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
Interior
Laundry Laundry Closet
Building
Lot Description Corner Lot
Story 1
Water Public
Others
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
Bought with Breana Stachura • BHGRE Haven Properties
Bought with Breana Stachura • BHGRE Haven Properties