San Miguel Homes with Mixed Use Subtype

San Miguel Homes with Mixed Use Subtype

Welcome to San Miguel, California—a charming gem nestled in the heart of San Luis Obispo County. Known for its rich history and picturesque landscapes, San Miguel offers a unique blend of small-town charm and vibrant community life. With its rolling vineyards and stunning views of the Salinas River, this quaint town is a haven for those seeking both tranquility and adventure.

One of the standout features of San Miguel is its diverse real estate market, particularly the homes with a mixed-use subtype. These properties provide an exceptional opportunity for homeowners to blend residential comfort with commercial potential. Imagine living above your own café, boutique, or art studio, all while enjoying the serene surroundings of this idyllic town. The mixed-use properties here are designed to accommodate both living and working spaces, fostering a lifestyle that is as dynamic as it is convenient.

In addition to the allure of mixed-use homes, San Miguel boasts a warm community spirit, with local events and farmers' markets that celebrate the region's agricultural roots. The town is conveniently located near major highways, making it easy to explore the stunning California coastline or the vibrant city of San Luis Obispo.

Whether you’re looking to invest in a mixed-use property or simply want to soak in the charm of San Miguel, this hidden treasure in San Luis Obispo County is a place where dreams can flourish. Come discover the perfect balance of work and play in a community that feels like home.

Newest San Miguel Homes with Mixed Use Subtype

1470 Mission Street, San Miguel
$795,000
NS26100256 MLS ⋅ Active Status
INVESTORS, TAKE NOTE! Here's a great opportunity to purchase a newer three unit, mixed-use building in the desirable Paso Robles Wine Region. Located on the main corridor in downtown San Miguel (9 miles North of Paso Robles), this outstanding income property is just a short walk North of the historic Mission San Miguel. Built just 20 years ago, this newer mixed-use building includes over 2,700 SF of ground-level commercial/retail space, together with two (2!) spacious, well-designed 2 bedroom, 2 bath residential apartments upstairs. Imagine the possibilities here. This is an ideal property for a 1031 exchange, as it generates nearly $5,500/month in rental income (a 6.4 CAP return at asking price!), with 2 of tenants being long-term (12+ years). However, because each tenant is now on month-to-month agreements in anticipation of the sale, the building is also well suited for an owner-user who could have their business operations downstairs, occupy one of the two upstairs apartments, and rent out the other one for additional monthly income. The downstairs commercial space has high ceilings (10 - 12') and could potentially be split into two separate commercial units. Upstairs, you'll quickly realize these are not your average, run-of-the-mill apartments. Unit A has just had a lovely interior refresh, incl. new paint, flooring, quartz countertops, appliances, plumbing and lighting fixtures.... making it perfect for an owner/user! As an owner-occupant, imagine using $3,500/month in rental income from the other 2 units to offset your mortgage - talk about smart investing!! Each upstairs unit includes 9' volume ceilings, recessed can lighting, spacious laundry rooms and LOTS of storage. You'll also find outdoor balconies on the front and back side of each unit (one off the living area and another off the primary bedroom of each unit). There is plenty of street parking, as well as a parking area in the back, accessed via an alley easement. The entire building is fire sprinklered, and all three units have brand new HVAC systems (installed in 2026). The replacement cost of a building of this caliber is at least 2X this asking price! Growth in San Miguel has been steady, and a new 180-unit development has been approved less than a mile away from this property. This may just be the ideal investment, especially at the aggressive new price of $795,000!

1470 Mission Street, San Miguel
1470 Mission, San Miguel
$795,000
NS26091181 MLS ⋅ Active Status
INVESTORS, TAKE NOTE! Here's a great opportunity to purchase a newer three unit, mixed-use building in the desirable Paso Robles Wine Region. Located on the main corridor in downtown San Miguel (9 miles North of Paso Robles), this outstanding income property is just a short walk North of the historic Mission San Miguel. Built just 20 years ago, this newer mixed-use building includes over 2,700 SF of ground-level commercial/retail space, together with two (2!) spacious, well-designed 2 bedroom, 2 bath residential apartments upstairs. Imagine the possibilities here. This is an ideal property for a 1031 exchange, as it generates nearly $5,500/month in rental income (a 6.4 CAP return at asking price!), with 2 of tenants being long-term (12+ years). However, because each tenant is now on month-to-month agreements in anticipation of the sale, the building is also well suited for an owner-user who could have their business operations downstairs, occupy one of the two upstairs apartments, and rent out the other one for additional monthly income. The downstairs commercial space has high ceilings (10 - 12') and could potentially be split into two separate commercial units. Upstairs, you'll quickly realize these are not your average, run-of-the-mill apartments. Unit A has just had a lovely interior refresh, incl. new paint, flooring, quartz countertops, appliances, plumbing and lighting fixtures.... making it perfect for an owner/user! As an owner-occupant, imagine using $3,500/month in rental income from the other 2 units to offset your mortgage - talk about smart investing!! Each upstairs unit includes 9' volume ceilings, recessed can lighting, spacious laundry rooms and LOTS of storage. You'll also find outdoor balconies on the front and back side of each unit (one off the living area and another off the primary bedroom of each unit). There is plenty of street parking, as well as a parking area in the back, accessed via an alley easement. The entire building is fire sprinklered, and all three units have brand new HVAC systems (installed in 2026). The replacement cost of a building of this caliber is at least 2X this asking price! Growth in San Miguel has been steady, and a new 180-unit development has been approved less than a mile away from this property. This may just be the ideal investment, especially at the aggressive new price of $795,000!

1470 Mission, San Miguel
8585 Cross Canyons Road, San Miguel
$5,500,000
NS24213915 MLS ⋅ Active Status
Discover a remarkable 97± acre winery estate in San Miguel, nestled in the esteemed Paso Robles AVA. This family-owned vineyard, established in 1996, features 37.50± net vineyard acres producing premium varietals, including Cabernet Sauvignon, Merlot, Petite Syrah, and more. The property is sustainably operated with two on-site wells (irrigation and domestic) and a solar system installed in 2024. Conveniently accessed via the county-maintained Cross Canyons Road, this estate offers both modern amenities and the charm of wine country. The 9,000± sq. ft. production building, built in 2021, includes a 6,000± sq. ft. fermentation area, 3,000± sq. ft. barrel storage, and a covered crush/work pad, with permits for 75,000-case wine production. The adjacent 5,500± sq. ft. climate- controlled tasting room features a climate-controlled event space, a 2,500± sq. ft. outdoor patio, and stunning vineyard views. Residential accommodations include a guest cottage with a kitchenette and outdoor BBQ area, plus a 4-bedroom, 3-bath manufactured home with a covered patio. Additional amenities include a storage building, two RV hookups, and dry camping spots. The property also holds a Wi-Fi tower lease for high-speed internet and a billboard lease along Highway 101. Expansion opportunities include permits for an additional 9,000± sq. ft. production building, 6,000± sq. ft. storage building, and 4,500± sq. ft. multi-use facility. Zoned agricultural, the estate also offers subdivision potential under current regulations. This versatile estate is perfect for winemaking, hospitality, and agritourism, embodying the best of Paso Robles wine country living.

8585 Cross Canyons Road, San Miguel
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.

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