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2906 Spring Paso Robles, CA

$1,100,000

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Property Description

Opportunity abounds with this carwash and laundromat located on the highly-trafficked Spring Street, ideally situated in the beautiful city of Paso Robles. There are two parcels listed together for sale, providing two pieces of real estate with a great business venture. Enjoy the passive income from 5 self-service wash bays and numerous coin-operated laundry machines (26 dryers and 22 washers). There is also an ~800 SF, 1 bed/1 bath back unit for the onsite manager of the facility or for future rental income. As real estate in the Paso Robles Opportunity Zone, there are wonderful tax advantages provided to investors and those doing a 1031 exchange. The zoning overlay is T4-F, providing flexible uses for the real estate. All of this on a flat, rectangular lot with easy access to Spring Street, the surrounding neighborhoods, and Highway 101. Buyer to verify all zoning uses and plans with the city. Average net income over past three years ~$70K. Call today to receive the info packet!

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Property Information

  • Address: 2906 Spring, Paso Robles, CA 93446. 
  • Price: $1,100,000 
  • MLS #: SC21085481 
  • Year Built: 2000 
  • Listing Courtesy of: Keller Williams Realty Central Coast 
  • City: Paso Robles 
  • Postal Code: 93446 
  • County: San Luis Obispo 

Amenities

  • Cooling: None 
  • Heat Source: None 

Other

  • Description: Opportunity abounds with this carwash and laundromat located on the highly-trafficked Spring Street, ideally situated in the beautiful city of Paso Robles. There are two parcels listed together for sale, providing two pieces of real estate with a great business venture. Enjoy the passive income from 5 self-service wash bays and numerous coin-operated laundry machines (26 dryers and 22 washers). There is also an ~800 SF, 1 bed/1 bath back unit for the onsite manager of the facility or for future rental income. As real estate in the Paso Robles Opportunity Zone, there are wonderful tax advantages provided to investors and those doing a 1031 exchange. The zoning overlay is T4-F, providing flexible uses for the real estate. All of this on a flat, rectangular lot with easy access to Spring Street, the surrounding neighborhoods, and Highway 101. Buyer to verify all zoning uses and plans with the city. Average net income over past three years ~$70K. Call today to receive the info packet! 
  • List Date: April 23, 2021 
  • Status: Active 
  • Directions: from Highway 101 get off on 24th Street, turn right to go North on Spring Street. The property is on the right around 28th Street. 

Other

  • Listing Agent State License: 02040597 
  • Listing Office State License: 02005015 

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Based on information from California Regional Multiple Listing Service, Inc. as of September 20th, 2021 at 03:01:16AM 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.