CA > Nipomo
Nipomo, CA 93444,267 W Tefft ST
Nipomo, CA 93444,267 W Tefft ST
Nipomo, CA 93444,267 W Tefft ST
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$849,000
Est. payment /mo
0.34 Acres Lot
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UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID SC25281362

HOA Y/N No

Year Built 1959

Lot Size 0.344 Acres

Property Sub-Type Mixed Use

Property Description

Video: https://cdn.muse.ai/u/kQXGNUX/823494b617fc2f642a5acd92a50f4babf79463a782c3bc5b93978b493c735b65/videos/video.mp4

Property is also listed in Land as MLS # SC25281902

PRIME DEVELOPMENT OPPORTUNITY
Prime development opportunity in the heart of Nipomo's civic center. This 15,000 SF CR-zoned property offers 6,000 SF of building coverage area (40% coverage) with complete infrastructure and zero lot-line setback capability under the Olde Towne Nipomo Design and Circulation Plan.

STRATEGIC LOCATION
Located on Tefft Street, Olde Towne Nipomo's main commercial thoroughfare with excellent visibility. Directly adjacent to Nipomo Community Services District building. Across Wilson St from Laborers Union Hall Local 220. Across Tefft St from new Sheriff's building, breaking ground in 2026. Quarter block west of modern two-story mixed-use project, adjacent to Casa Grande Center. One block east of Adobe Plaza and Birchwood.

FLOOD ZONE ADVANTAGE
Property sits at 324.2 feet elevation, 6.2 feet higher than comparable properties in the area. In 100-year flood zone, but elevation difference provides lower flood insurance costs and lower engineering and construction costs.

DEVELOPMENT READY
Sidewalks, curbs, and gutters on both street frontages. Zero lot-line setbacks allowed on all sides. No off-site improvements required. Water and sewer connections available through Nipomo Community Services District. Area operates under Olde Towne Nipomo Design Plan with streamlined development guidelines.

EXISTING BUILDING
1,064 SF office building, built 1959, excellent condition, four rooms. Currently generating $2,200/month income. Convertible to other uses or redevelopment opportunity.

ZONING AND DEVELOPMENT OPTIONS
CR (Commercial/Residential). Maximum 40% lot coverage. Zero setback development allowed. Accommodates mixed-use development with ground-floor commercial and residential units above, or high-density residential up to three stories with ground-floor parking. Old Town Nipomo benefits include reduced parking requirements (40% vs 100% through public parking initiatives) and zero lot line development.

AVAILABLE FOR
Commercial Sale, Commercial Lease, or Lease Option to Buy.

RECENT COMPARABLE
188 W Tefft St sold May 16, 2025 for $675,000, one block away in same CR zoning. See Supplements for detailed comparative analysis including buildable area calculations, infrastructure requirements, and valuation methodology

Location

State CA

County San Luis Obispo

Area Npmo - Nipomo

Interior

Cooling None

Fireplace No

Laundry None

Exterior

Utilities Available Cable Connected, Electricity Connected, Phone Connected, Sewer Connected

Building

Lot Description 31-35 Units/Acre

Story 1

Water Public

Others

Tax ID 090142008

Special Listing Condition Standard

Virtual Tour https://cdn.muse.ai/u/kQXGNUX/823494b617fc2f642a5acd92a50f4babf79463a782c3bc5b93978b493c735b65/videos/video.mp4

Read Less Info
CRMLS – RECore
Listed by Kenneth Emmer San Luis Obispo County Realty 805-305-9662

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