800 11th St
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800 11th St
10,500 SF 100% Leased Office Building Paso Robles, CA 93446 £4,655,578 (£443/SF)
Executive Summary
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!!
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
10,500 SF
Building Class
C
Year Built
1970
Price
£4,655,578
Price Per SF
£443
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Typical Floor Size
10,500 SF
Building FAR
0.51
Lot Size
0.47 AC
Opportunity Zone
Yes
Zoning
TC-1 - Town Center Commercial-General Retail
Parking
24 Spaces (2.29 Spaces per 1,000 SF Leased)
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Walk Score ®
Very Walkable (87)
PROPERTY TAXES
Parcel Number | 009-104-001 | Improvements Assessment | £908,885 |
Land Assessment | £1,336,601 | Total Assessment | £2,245,487 |
PROPERTY TAXES
Parcel Number
009-104-001
Land Assessment
£1,336,601
Improvements Assessment
£908,885
Total Assessment
£2,245,487
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Research In Progress
800 11th St
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