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111 Branch, Nipomo, CA 93444.
Listing Courtesy of:
Greater Heights Financial & Realty Inc
San Luis Obispo
These two properties can be developed into residential properties under the Workforce Housing Subdivision ordinance which allows for high-density, individually owned properties. Both parcels are zoned commercial, which can alternatively be developed as mixed-use (commercial and residential).
Part of the value of these two properties for residential is their proximity to one of the most popular restaurants on the central coast, Jocko’s Steakhouse. The smaller of the two properties is L-shaped and has entrances on Tefft St and Mallagh St. The larger property is directly across the street from the residential single-family homes. Both properties have frontages on Tefft St, Mallagh St, Branch St, and Burton St. Both properties are flat and are within the urban reserve line. The two parcels can be purchased together for $1,123,844; they also can be purchased individually. The smaller lot can be purchased for $409,900. The larger lot can be purchased for $713,944.
January 13, 2021
On US Highway 101 take exit #179, left on Tefft Street; over freeway; left onto N Mallagh St; right onto W Branch St before S Thompson Ave
Listing Agent State License:
Listing Office State License:
Based on information from California Regional Multiple Listing Service, Inc. as of August 16th, 2022 at 21:54:06PM 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
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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.