800 11th Street

Paso Robles, CA 93446

$7,250,000
Price
Beds
10,000 Sq. Ft.
$725 / Sq. Ft.
10,000
Sq. Ft.
$725
per Sq. Ft.

Description

Location, Location, Location! Unbelievable opportunity to own a nearly 1/2 acre parcel with almost 11,000 square feet of improved building on the downtown park of Paso Robles. Property has been recently approved for a 18,000+/- mixed use retail/hotel development along with the existing 4700+/- square foot restaurant which is currently leased. Approved mixed use plans consists of commercial units of 2330, 1350 and 1060 square feet along with 12,000+/- square feet of hotel featuring 12 two bedroom...Location, Location, Location! Unbelievable opportunity to own a nearly 1/2 acre parcel with almost 11,000 square feet of improved building on the downtown park of Paso Robles. Property has been recently approved for a 18,000+/- mixed use retail/hotel development along with the existing 4700+/- square foot restaurant which is currently leased. Approved mixed use plans consists of commercial units of 2330, 1350 and 1060 square feet along with 12,000+/- square feet of hotel featuring 12 two bedroom - two bath units with private balconies, living/dining areas and a shared parking lot. This prime location, located on the south side of the downtown city park of Paso Robles, is the epicenter of everything Paso Robles featuring restaurants, wine tasting, boutique shopping, movie theater and so much more. Premium properties like this seldom become available. Do not miss the opportunity to buy this approved development property!
  1. Listed by Vickie Mullins • DRE #00479529 • Brokerage DRE #01421338 • RE/MAX Parkside Real Estate • 805-674-2063
  2. Listed by Ron Mullins Jr. • DRE #00875127 • Brokerage DRE #01421338 • RE/MAX Parkside Real Estate

Property Details for 800 11th Street

Total Units
2.0
Business Type
Other, Restaurant
Lot Size Source
Assessor
Building Area Total
10000
Building Area Units
Square Feet
Stories Total
1
Entry Level
1
Parcel Number
009104001

Location

Listing Courtesy of RE/MAX Parkside Real Estate, Vickie Mullins, DRE #00479529; RE/MAX Parkside Real Estate, Ron Mullins Jr., DRE #00875127
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LISTING UPDATED: 04/30/2024 01:14 PM

Property Details for 800 11th Street

StatusActive
MLS #NS24073760
Days on Market33
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built1941
Lot Size0.46 AC / 20,150 SF
CountySan Luis Obispo County

Location

Listing Courtesy of RE/MAX Parkside Real Estate, Vickie Mullins, DRE #00479529; RE/MAX Parkside Real Estate, Ron Mullins Jr., DRE #00875127
Add your commute

Building Information for 800 11th Street

Stories1Residences-Year Built1941Lot Size0.46 AC / 20,150 SF

Payment Calculator

$42,181 per month

30 year fixed, 7.25% Interest

Principal and Interest

$39,566

Property Taxes

$2,615

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 800 11th Street

Income / Expense / Tax Details
Income Details
  • Gross Scheduled Income: $112,743
  • Current Financing: Conventional
Community / Development
Community / Development
  • Investment Property: Yes
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
Exterior Features
  • Security Features: Automatic Gate, Fire and Smoke Detection System, Fire Sprinkler System
  • Construction Materials: Stucco
  • Roof: Flat
  • Fence: Yes
  • Fencing: Wrought Iron
Land/Lot Info
  • Lot Features: Level with Street, Lot 20000-39999 Sqft, Rectangular Lot, Level
  • Current Use Comments: Office and restaurant
  • Land Use: Other
  • Land Lease: No
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Electric: Standard
  • Water Source: Public
Property / Structure Info
  • Building Status: Existing
  • Building Features: Elevators
  • Asset Class: Specialty
Unit Information
Unit 1
  • Unit Type Units Total: 2
  • Unit Type Type: 1
Unit Information
  • Number Of Units Leased: 1
  • Number Of Buildings: 1

Property History for 800 11th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 800 11th Street

Taxable ValueLand$1,674,732Additions$1,138,813Total$2,813,545
Tax Record2023$31,385 ($2,615 / month)
Home Facts
Total Finished SqFt10,780 SqFtAbove Grade Finished SqFt10,780 SqFtLot Size20,150 SqFtStyleRestaurantYear Built1941ZoningTC1CountySAN LUIS OBISPOAPN009-104-001

Schools near 800 11th Street

This home is within Paso Robles Joint Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Bauer/Speck Elementary School
PublicK to 5

George H. Flamson Middle School
Public6 to 8

Paso Robles High School
Public9 to 12

Paso Robles Independent Study Center
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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800 11th Street is a mixed use property for sale in Paso Robles, CA 93446. This property was listed for sale on April 30, 2024 by RE/MAX Parkside Real Estate, it's currently listed at $7,250,000. It has been on the market for a total of 33 days and was last sold on February 19, 2005. This listing's school district is Paso Robles Joint Unified School District. Nearby schools include Bauer/Speck Elementary School, George H. Flamson Middle School and Paso Robles High School. 800 11th Street is a 0-bed, 0-bath, 10,000 sqft mixed use property built in 1941.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Parkside Real Estate, Vickie Mullins, DRE #00479529; RE/MAX Parkside Real Estate, Ron Mullins Jr., DRE #00875127

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