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271 W Dana, Nipomo
$550,000
4 Beds ⋅ 2 Baths ⋅ PI26223093 MLS ⋅ Active Status
INVESTOR OPPORTUNITY | ZONING FLEXIBILITY | PRIME LOCATION Unlock the potential! This 1940-built, single-story 4-bedroom, 2-bath property includes a small additional adjacent lot, creating a unique opportunity for investors, developers, or business owners looking to explore future possibilities. Currently zoned Office Professional, the property allows residential or commercial use, subject to applicable County regulations. Potential uses may include single-family dwellings, multifamily housing, commercial retail, or commercial services. (Reference code: 22.30.490) Located directly across from a proposed community park currently in County Planning (N-DRC2025-0052), this property offers an opportunity to invest in an area with potential for future growth. Cash sale only. Buyers are advised to conduct their own due diligence with the County Planning Department regarding zoning, permitted uses, development potential, and the proposed park. Bring your vision and explore the potential!

271 W Dana, Nipomo

356 N Chorro, San Luis Obispo
$4,200,000
PI26222236 MLS ⋅ Active Status
Welcome to Leland Lofts, a 14-unit multifamily property in the heart of San Luis Obispo. Across three buildings, the property offers 12 studios, 2 one-bedroom residences with 1 1/2 baths, on-site laundry, storage and 16 parking spaces and 5 storage spaces. The location puts residents within a short walk or bike ride to Cal Poly, the Foothill shopping and dining district and downtown San Luis Obispo. The current tenant culture consists of working professionals, some of whom work at Cal Poly. In recent years current ownership has invested in the property with new windows, new roof, exterior painting, fencing, landscaping and site improvements, new commercial laundry equipment and renovations in multiple units. The property is currently fully occupied with month to month leases. Leland Lofts offers strong current income with potential to raise rents and from unrented storage units. Explore future improvements with the City for additional units subject to independent feasibility review and required approvals. Note: Unit #14 is not included in the list, as the listing only provides space for 13 units. Unit #14 is a 1 bedroom/1.5 bath unit with a current rent of $2,000/month. AGENT Broker makes no claim in regards to market rents or construction enhancements. All information dispersed is deemed reliable, but not guaranteed. Buyer and buyer's agent or broker to confirm all facts relating to the property. Contact us for the property fact sheet, rent roll and detailed financial information.

356 N Chorro, San Luis Obispo

1480 N Bethel Road, Templeton
$4,500,000
NS26219663 MLS ⋅ Active Status
A rare opportunity to make an established Paso Robles Highway 46 West wine country destination your own. Located on North Bethel Road at Highway 46 West, just west of Highway 101, this approximately 22-acre property spans three parcels along Paso Robles’ celebrated wine trail. Years of successful tasting room operations and a history of strong direct-to-consumer revenue underscore the appeal of this proven location. The original 1886 Bethel Schoolhouse gives the property an unmistakable identity, offering approximately 2,400 square feet of inviting tasting room space with a tasting bar, kitchen, banquet room and wine storage. Approximately 15.6 acres of healthy, established Zinfandel and Malbec vineyards are in their prime producing years, adding agricultural value and a beautiful backdrop. Majestic oak trees frame outdoor patios, an expansive lawn and a gazebo, creating a setting that invites guests to settle in and stay awhile. A gathering place for winery, wine industry and community events, the property has an enduring connection to the region’s wine culture. Ample visitor parking and an EV charging station complete the hospitality experience. Multiple parcels provide potential for a variety of other uses, subject to applicable approvals. Offered as real estate only. Secondary parcels include: 040-071-047 & 040-071-048

1480 N Bethel Road, Templeton

838 W Grand Ave, Grover Beach
$650,000
SC26218385 MLS ⋅ Active Status
Some opportunities are worth getting ahead of. Offered for sale for the first time, this long-held property brings together prime West Grand Avenue frontage, vacant land, and a parcel extending through to Rockaway Avenue—a distinctive and rare combination along Grover Beach’s evolving downtown corridor. The two street frontages offer added flexibility to explore access, parking, and service areas while maintaining a prominent Grand Avenue presence. Nearby mixed-use development and investment in sidewalks, bike lanes, landscaping, and streetscape improvements contribute to the corridor’s continued transformation. Central Business zoning and a Central Business Mixed-Use General Plan designation support opportunities for stand-alone commercial or mixed-use development. Explore a commercial destination or a project combining street-level business space with housing above, subject to City review and approval. Located outside the Coastal Zone. City Public Works has identified an existing eight-inch sewer line running from the vacant parcel behind the neighboring building. Buyers can confirm sewer service and any project-specific requirements with the City. For developers, investors, and business owners seeking Grand Avenue visibility and a distinctive coastal downtown location, this is an opportunity to explore early. Buyer to verify allowable uses, development standards, utilities, and project feasibility with the City.

838 W Grand Ave, Grover Beach

3980 Linne, Paso Robles
$1,199,000
4 Beds ⋅ 4 Baths ⋅ OC26216372 MLS ⋅ Active Status
Rare opportunity to own approximately 20.01 acres offering a unique combination of income potential, agricultural possibilities, and future development opportunities. Zoned Agricultural (AG), the property offers the potential for agricultural use, including the possibility of growing grapes and other produce on approximately 16 acres, subject to County/City approval and verification of permitted uses. The property features two separate residences, creating an attractive opportunity for multi-generational living, rental income, agricultural operations, or an owner-user investment. The primary residence is a shop/studio conversion of approximately 1,200 sq. ft., built in 1990 and remodeled in 2023, offering 2 bedrooms and 2 bathrooms, a 15' x 25' attached garage, and a 10' x 10' roll-up storage shed. The second residence is a 1,596 sq. ft. manufactured home, built in 1991, featuring 2 bedrooms and 2 bathrooms, along with a 20' x 24' two-car garage. The two (2) units are receiving $5,775 per month in income. Equestrian and agricultural enthusiasts will appreciate the substantial 30' x 60' covered horse barn, while additional workshop and storage areas provide ample space for equipment, projects, and property operations. The property is serviced by a private well and septic system. The well reportedly provides plentiful water production and may offer potential for agricultural use, subject to well capacity, permits, water rights, and applicable County/City requirements. Adding to the property's long-term appeal, preliminary architectural plans are available for a proposed approximately 3,850 sq. ft. residence, with potential for an ADU, subject to all required approvals and permits. Strategically positioned near a major new residential development consisting of approximately 2,000 homes, with residences ranging from approximately 3,000 to 6,000 sq. ft. and starting around $1.5 million, the property benefits from significant surrounding growth. New shopping centers and a new elementary school are also planned or underway in the surrounding area, creating an exciting backdrop for future appreciation and investment potential. Whether you're looking for a private estate, agricultural opportunity, income-producing property, equestrian compound, or land with future development possibilities, this exceptional 20.01-acre property offers an uncommon combination of space, versatility, income potential, and location.

3980 Linne, Paso Robles

95 S Ocean, Cayucos
$4,199,000
10 Beds ⋅ 11 Baths ⋅ NS26211992 MLS ⋅ Active Status
Turnkey Boutique Hotel for Sale—Ten Luxury Guest Suites, Additional Revenue Potential and an Exceptional Coastal Location. A rare opportunity to acquire the AAA Four Diamond-rated Cayucos Sunset Inn, a distinctive luxury boutique hotel in one of California’s most desirable Central Coast beach communities. Recognized as the No. 1 inn on the Central Coast, this established property combines European-inspired elegance, coastal charm and thoughtfully curated amenities. Truly irreplaceable, it could not be recreated today at this location, scale and level of craftsmanship. Its specialized hospitality design, luxurious accommodations and proximity to the beach and historic Cayucos Pier create an offering that would be extraordinarily difficult to replicate. The property currently operates nine of ten spacious guest suites. Each includes an en-suite bathroom with a two-person jetted spa tub, gas fireplace, ceiling fan, reverse-osmosis drinking water and private balcony. Five second-floor suites offer sweeping views of the Pacific Ocean and Cayucos Pier. Four suites are on the first floor, including one ADA-compliant accommodation. The 10th room is currently used as the owner’s office and could be converted into an additional guest suite, creating an immediate opportunity to increase room inventory and revenue. Guests enter through impressive double doors into interiors with gleaming hardwood floors, French countryside-inspired décor and tropical accents. Fine European linens, premium mattresses, freshly baked cookies, selected local wines and a daily gourmet breakfast create an elevated experience that encourages repeat visits. Additional features include a fully equipped commercial kitchen, dedicated dining room for breakfast service or private events, on-site laundry, private guest parking, established booking history, repeat clientele, turnkey furnishings, operating systems and hospitality infrastructure. Ideally located within walking distance of Cayucos Beach, the historic pier, restaurants, shops and local attractions, the inn offers the relaxed atmosphere of a charming seaside community with convenient access to California’s Central Coast. With its exceptional reputation, premium amenities, ocean-view accommodations, added revenue potential and guest appeal, Cayucos Sunset Inn presents a compelling opportunity for a qualified investor, hospitality operator or lifestyle buyer seeking immediate operating income and long-term upside.

95 S Ocean, Cayucos

98 N. Ocean Ave, Cayucos
$4,199,000
SC26197417 MLS ⋅ Active Status
A beloved downtown business is staying in Cayucos and moving locations. So, now’s your chance! Whether you’ve been dreaming about opening your first BUSINESS or you’re ready to give an established business a new coastal destination, this is the kind of WORK/LIVE OPPORTUNITY that rarely comes along. Discover a rare mixed-use gem along iconic Ocean Avenue in Downtown Cayucos. This 5,342 sq ft, two-story property blends commercial capability with refined coastal living. The ground floor offers a substantial commercial/retail footprint enhanced by a professional-grade commercial kitchen, ideal for high-end culinary concepts or boutique retail. Ascend to the upper level to find a stylish 1-bedroom residence showcasing expansive ocean views, a chef’s kitchen, and a grand island breakfast bar that anchors the space with elegance. The additional storage wing and bathroom upstairs add valuable utility for operations or personal use. With its premier location steps from the beach and downtown, this property presents an extraordinary opportunity to secure a signature presence in a thriving coastal corridor.

98 N. Ocean Ave, Cayucos

1301 Los Osos Valley Road, Los Osos
$2,850,000
SC26207307 MLS ⋅ Active Status ⋅ Residence BLDG.
PRICE REDUCTION. Discover a rare investment and lifestyle opportunity with this versatile property with multiple income-generating components. Situated in a prime coastal location, this unique offering includes: Charming Single-Family Residence completed in 2022 – A well-appointed home positioned to capture sweeping views of the Pacific, perfect for an on-site owner or rental income. Professional Office Building – A 1000 sq ft, well-designed office space surrounded by lush landscaping, ideal for client-facing businesses or private work environments. Beautiful Demonstration Garden – Thoughtfully planned and meticulously maintained, the garden showcases diverse plantings and offers an inviting, tranquil setting for visitors or events. Functional Corporation Yard – A secure and organized space for equipment, materials, or fleet parking, supporting a wide range of commercial uses, or re-imagined outdoor garden. This property blends coastal living, business functionality, and investment potential into one exceptional package. With its combination of residential comfort, professional workspaces, and well-maintained grounds, it’s ideally suited for an owner-operator, boutique business, or creative redevelopment. As a bonus, there is a fully functional well that feeds the property. An additional pre-purchased an additional19 water allocations for a total of 21 for future development are included as the Los Osos Community Development Plan has been approved. New zoning of this property is approved for mixed use residential with commercial/retail.

1301 Los Osos Valley Road, Los Osos

1301 Los Osos Valley Road, Los Osos
$2,850,000
3 Beds ⋅ 6 Baths ⋅ SC26207304 MLS ⋅ Active Status
PRICE REDUCTION. Discover a rare investment and lifestyle opportunity with this versatile property with multiple income-generating components. Situated in a prime coastal location, this unique offering includes: Charming Single-Family Residence completed in 2022 – A well-appointed home positioned to capture sweeping views of the Pacific, perfect for an on-site owner or rental income. Professional Office Building – A 1000 sq ft, well-designed office space surrounded by lush landscaping, ideal for client-facing businesses or private work environments. Beautiful Demonstration Garden – Thoughtfully planned and meticulously maintained, the garden showcases diverse plantings and offers an inviting, tranquil setting for visitors or events. Functional Corporation Yard – A secure and organized space for equipment, materials, or fleet parking, supporting a wide range of commercial uses, or re-imagined outdoor garden. This property blends coastal living, business functionality, and investment potential into one exceptional package. With its combination of residential comfort, professional workspaces, and well-maintained grounds, it’s ideally suited for an owner-operator, boutique business, or creative redevelopment. As a bonus, there is a fully functional well that feeds the property. An additional pre-purchased an additional19 water allocations for a total of 21 for future development are included as the Los Osos Community Development Plan has been approved. New zoning of this property is approved for mixed use residential with commercial/retail.

1301 Los Osos Valley Road, Los Osos

2720 Oak View, Templeton
$3,500,000
NS26200121 MLS ⋅ Active Status ⋅ Donati Winery BLDG.
Welcome to the Gateway of the World-Renowned Paso Robles Wine Region. An exceptional opportunity awaits at 2720 Oak View Road in Templeton. Situated on approximately 3.8 acres, this impressive 17,701± sq. ft. wine country facility offers tremendous potential in one of California’s most celebrated wine destinations. Originally home to Mastantuono Winery and later purchased by the Donati family, the property became the well-known Donati Winery. Now offered for sale is the real estate, presenting an exciting opportunity for a new owner to bring their vision to this remarkable property. Ideally positioned at Highway 46 West and Vineyard Drive, the property enjoys outstanding visibility, convenient access and proximity to the wineries, vineyards, restaurants and attractions that draw visitors to Paso Robles wine country year-round. The substantial three-level building offers an impressive combination of wine production, hospitality and entertaining spaces, including a tasting room, tank room, lab, crush pad, barrel storage, cold storage, utility areas and office space. The upper level provides additional office/support space and living quarters, adding another dimension to this versatile property. Inviting outdoor areas, patios and grounds create additional opportunities for guests to gather and enjoy the Paso Robles wine country lifestyle. The property may lend itself to a tasting room, restaurant or culinary concept, private events, wine club gatherings and other hospitality uses, subject to applicable approvals and permitting. Whether for an established winery, boutique wine brand, investor or entrepreneur envisioning a new wine country destination, 2720 Oak View Road offers a rare combination of location, history, infrastructure, visibility and opportunity. Offered at $3,500,000. The Donati Winery business, brand, inventory and related business assets are not included in the real estate offering.

2720 Oak View, Templeton

2450 & 2470 El Camino Real, Atascadero
$2,200,000
PI26196423 MLS ⋅ Active Status
Introducing "The Edge," this proposed 40–60 unit mixed-use, multi-family apartment project represents one of the best development opportunities along the Highway 101 corridor. Situated on a 2.43-acre site at 2450 & 2470 El Camino Real between Atascadero and Templeton, the property offers exceptional visibility, strong traffic counts, and convenient access to both communities. Zoned CR (Commercial/Residential), the site allows for residential development with complementary retail, office, or service uses. Its central location places future residents and users just minutes from downtown Atascadero, Templeton, regional shopping and dining, and the Paso Robles wine region. New ownership will benefit from the site’s flexible zoning, surrounding established businesses, and position within a steadily growing Central Coast market.

2450 & 2470 El Camino Real, Atascadero

615 Clarion Court, San Luis Obispo
$3,949,000
SC26164243 MLS ⋅ Active Status
13,184 SF modern warehouse/office building in San Luis Obispo, offering exceptional flexibility for either multi-tenant investment or owner-occupancy, in a popular modern commercial development. Built in 2004 of metal construction, this contemporary facility is currently divided into four suites. One Class A office suite is secured under a long-term lease, while the remaining space presents an outstanding opportunity for an owner-user seeking an ideal balance of office and warehouse functionality. Up to 9,367 SF is available for a single user with flexible configurations including: • 6,660 SF warehouse + 2,707 SF office, single user • 3,570 SF warehouse + 5,797 SF office, single user or Lease the three remaining suites in current configuration. With high construction costs and lack of available land, warehouse/office combo properties of this quality have become increasingly scarce in the San Luis Obispo market, making this a rare offering. $3,949,000

615 Clarion Court, San Luis Obispo

2925 Anderson Road, Paso Robles
$3,750,000
3 Beds ⋅ 4 Baths ⋅ NS26161284 MLS ⋅ Active Status
Rooted in Paso Robles, this exceptional opportunity offers a renowned winery and tasting room in the prestigious Willow Creek District, the heart of Hwy 46 West, surrounded by Paso's elite wine brands. This 10.5-acre property combines a rich history with high-caliber winemaking infrastructure, providing an ideal location for producing and selling up to 15,000 cases of wine annually. Located near Booker Winery and other Paso Robles icons, this winery offers both heritage and advanced production capabilities. The property includes a 5,000 sq. ft. indoor production facility, a 5,000 sq. ft. covered outdoor area, and a 2-acre Malbec vineyard with 5 acres additional plantable land. Fully permitted and ADA compliant, the property is designed for continued production and potential expansion. Its expansive outdoor hospitality venue provides a perfect setting for events, music, and tastings, making it a compelling location for wine enthusiasts. Brand, Business and wine inventory are negotiable.

2925 Anderson Road, Paso Robles

600 Morro Bay Unit B, Morro Bay
$675,000
PI26159864 MLS ⋅ Active Status
Prime Downtown Morro Bay Commercial Opportunity Turn-Key Retail/Commercial Space in the Heart of the Central Coast An exceptional opportunity awaits owner-users and investors to acquire a premier commercial condominium in one of Morro Bay's finest mixed-use buildings. Suite B at 600 Morro Bay Boulevard offers 1,760 square feet of pristine, move-in-ready commercial space in a coveted downtown location, just steps from the iconic Embarcadero and world-famous Morro Rock. Property Highlights Size: 1,760 sq ft of flexible ground-floor commercial space Year Built: 2010 — modern construction with contemporary finishes Zoning: C-1 (Central Business District Commercial) Building Type: Mixed-use (commercial + residential above) Condition: Turn-key, fully built out, ready for immediate occupancy Previous Use: Established pharmacy with existing infrastructure in place Parking: Convenient downtown parking with high foot traffic A Rare Downtown Asset Constructed in 2010, this property stands as one of the newest and highest-quality commercial buildings in all of Morro Bay. While much of the downtown inventory dates back decades, 600 Morro Bay Blvd delivers modern building systems, updated ADA compliance, energy-efficient design, and the polished aesthetic that today's businesses and tenants demand. The care and craftsmanship put into this development make it a standout on the boulevard. Flexible C-1 Zoning — Endless Possibilities Morro Bay's C-1 Central Business District zoning is among the most versatile in the city, permitting a wide range of uses including: Retail Storefronts — boutiques, galleries, specialty goods, coastal-lifestyle brands Personal Services — salons, spas, wellness studios, fitness concepts Restaurants & Cafés — with the potential for full-service dining, coffee shops, or wine/tasting rooms Professional Offices — medical, dental, financial, legal, and creative Mixed-Use Development — combining commercial with residential opportunities This zoning flexibility maximizes leasing and resale potential, making it an ideal fit for both hands-on operators and passive investors.

600 Morro Bay Unit B, Morro Bay

2925 Anderson Road, Paso Robles
$3,750,000
NS26149657 MLS ⋅ Active Status
Rooted in Paso Robles, this exceptional opportunity offers a renowned winery and tasting room in the prestigious Willow Creek District, the heart of Hwy 46 West, surrounded by Paso's elite wine brands. This 10.5-acre property combines a rich history with high-caliber winemaking infrastructure, providing an ideal location for producing and selling up to 15,000 cases of wine annually. Located near Booker Winery and other Paso Robles icons, this winery offers both heritage and advanced production capabilities. The 10-acre parcel includes a 5,000 sq. ft. indoor production facility, a 5,000 sq. ft. covered outdoor area, and a 2-acre Malbec vineyard with additional plantable land. Fully permitted and ADA compliant, the property is designed for continued production and potential expansion. Its expansive outdoor hospitality venue provides a perfect setting for events, music, and tastings, making it a compelling location for wine enthusiasts. Brand, Business and wine inventory are negotiable.

2925 Anderson Road, Paso Robles

452 Higuera Street, San Luis Obispo
$2,495,000
10 Beds ⋅ 4 Baths ⋅ SC26131654 MLS ⋅ Active Status
An extraordinary development opportunity awaits in the heart of Downtown San Luis Obispo at 452 Higuera Street. This rare, creekside property spans two adjacent APNs and represents a premier acquisition for developers, contractors, and investors looking to capitalize on a highly prized location. While the site currently features four income-generating residential units (three 3-bedroom/1-bathroom homes and one 1-bedroom/1-bathroom home), the true value of this offering is in the land and its highest and best use as a high-density, mixed-use project. Zoned CR Retail Commercial and allowing for up to 36 density units per acre, the lot is perfectly positioned to support the City of SLO’s long-term initiative for urban infill housing. Future residents will enjoy a vibrant lifestyle in the absolute center of downtown, surrounded by thriving shops, offices, and restaurants. To fast-track your development plans, a professional feasibility study by RRM Design Group has already been completed, highlighting two lucrative pathways: a boutique 11-unit luxury for-sale townhome development, or a higher-density 20-unit condo or apartment complex. Opportunities in this tightly held downtown corridor are exceptionally rare—bring your vision to this premier location and shape the future of San Luis Obispo.

452 Higuera Street, San Luis Obispo

1615 Riverside, Paso Robles
$425,000
NS26123333 MLS ⋅ Active Status
Rare opportunities like this are becoming increasingly difficult to find in Downtown Paso Robles. Offering exceptional visibility and a prime location within the IRS Qualified Opportunity Zone, this commercially zoned parcel (RSC – Riverside Corridor) presents a wide range of potential uses including retail, service, office, lodging, and residential opportunities. Whether you envision a mixed-use development, boutique lodging, office space, retail sales, winetasting, manufacturing, warehousing or an investment designed to capitalize on Paso Robles’ continued growth, the flexibility of the zoning opens the door to numerous possibilities. In addition, investors may benefit from the potential tax advantages associated with Opportunity Zone investments, making this offering even more compelling (buyer to consult tax professional). The property currently includes an 800± sq. ft. home and a 900± sq. ft. garage that may offer potential for restoration or adaptive reuse, or create a blank slate to redevelop and maximize the site’s full potential. A unique opportunity to invest, develop, and be part of the future of one of the Central Coast’s most vibrant downtown communities.

1615 Riverside, Paso Robles

15050 Morro Road, Atascadero
$1,650,000
3 Beds ⋅ 4 Baths ⋅ SC26113874 MLS ⋅ Active Status
Perfectly situated along scenic Highway 41 between Atascadero and Morro Bay, this unique 1.42-acre property features both a fully operational restaurant and a private residence, offering an exceptional live-work or investment opportunity. The site is home to the well-known “Halfway Station” restaurant. One of the County's longest-standing business sites is slated for immediate use. It features a spacious bar, commercial kitchen, and recent interior/exterior improvements that enhance both function and curb appeal. A popular stop for locals and travelers alike, the venue benefits from steady Hwy visibility and includes an expansive ABC-permitted beer-and-wine service area, creating strong potential for continued business success. The outdoor setting is a standout feature, with a large 900-square-foot covered patio, generous shaded seating areas amongst the landscape, and a handcrafted stage, making it ideal for live music, private events, and community gatherings. Sequestered on the property, the single-level residence spans 1,360 square feet with three bedrooms and two bathrooms, offering comfortable living with thoughtful updates, including a new roof, upgraded HVAC system, modernized plumbing, and a two-car garage. Expansive windows and outdoor spaces capture sweeping views of the surrounding hillsides, dotted with oak groves, enhancing the natural setting. The acreage is flat, usable, and well-suited for a variety of needs, complete with RV hookups and storage sheds for added flexibility. Two productive wells provide a reliable and valuable water source, supporting both residential and commercial use. Adding to its appeal is the rare grandfathered mixed-use status in a Rural Residential zone, which allows a seamless blend of business and living, a feature increasingly difficult to find! Whether envisioned as a thriving hospitality venture, a live-work retreat, or a long-term investment on the Central Coast, this property offers exceptional versatility and potential in a highly desirable location.

15050 Morro Road, Atascadero

390 Paso Robles, Paso Robles
$1,100,000
NS26100261 MLS ⋅ Active Status
Situated in the heart of Paso Robles, 390 Paso Robles Street presents a rare opportunity to own a versatile commercial property with a residence providing endless potential. Encompassing approximately 6+/- acres with two APNS of RSC zoned land, this unique offering combines functionality, flexibility, and investment opportunity in a highly desirable location near Hwy 101. The property features a charming 1-bedroom, 1-bath approximately 500± square foot residence that could serve perfectly as a private office, on-site management space, rental unit, AirBnB, or live/work setup. Designed with utility and productivity in mind, the property includes three shop buildings conveniently located on one side of the property measuring approximately 20’x24’, 12’x20’, and 24’x24’, offering ample space for storage, workshops, business operations, equipment, hobbies, or future expansion possibilities. Adding even more versatility, the property features five designated RV spaces, each equipped with water and power hookups, with two of the spaces connected to the septic system. Whether utilized for rental income, employee housing, guests, or recreational use, these RV accommodations create valuable added functionality and income-producing potential. There's also an additional outbuilding (currently used as a game room), ample amount of graded land for parking extra vehicles, and another sizable, graded space for whatever you can dream of! This property is cross fenced providing separate dedicated areas including two large fields bordering the Salinas River. With its prime location, expansive acreage, commercial zoning, and flexible infrastructure, this one-of-a-kind property is ideal for entrepreneurs, contractors, investors, or anyone seeking a dynamic property with room to grow. Opportunities like this are rare in Paso Robles—bring your vision and unlock the full potential of 390 Paso Robles Street! Buyers are encouraged to research any future intended uses of this property with the City of Paso Robles.

390 Paso Robles, Paso Robles

390 Paso Robles, Paso Robles
$1,100,000
1 Beds ⋅ 1 Baths ⋅ NS26099820 MLS ⋅ Active Status
Situated in the heart of Paso Robles, 390 Paso Robles Street presents a rare opportunity to own a versatile commercial property with a residence providing endless potential. Encompassing approximately 6+/- acres with two APNS of RSC zoned land, this unique offering combines functionality, flexibility, and investment opportunity in a highly desirable location near Hwy 101. The property features a charming 1-bedroom, 1-bath approximately 500± square foot residence that could serve perfectly as a private office, on-site management space, rental unit, possible AirBnB, or live/work setup. Designed with utility and productivity in mind, the property includes three shop buildings conveniently located on one side of the property measuring approximately 20’x24’, 12’x20’, and 24’x24’, offering ample space for storage, workshops, business operations, equipment, hobbies, or future expansion possibilities. Adding even more versatility, the property features five designated RV spaces, each equipped with water and power hookups, with two of the spaces connected to the septic system. Whether utilized for rental income, employee housing, guests, or recreational use, these RV accommodations create valuable added functionality and income-producing potential. There's also an additional outbuilding (currently used as a game room), ample amount of graded land for parking extra vehicles, and another sizable, graded space for whatever you can dream of! This property is cross fenced providing separate dedicated areas including two large fields bordering the Salinas River. With its prime location, expansive acreage, zoning, and flexible infrastructure, this one-of-a-kind property is ideal for entrepreneurs, contractors, investors, or anyone seeking a dynamic property with room to grow. Opportunities like this are rare in Paso Robles—bring your vision and unlock the full potential of 390 Paso Robles Street! Buyers are encouraged to research any future intended uses of this property with the City of Paso Robles.

390 Paso Robles, Paso Robles

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

800 11th. Street, Paso Robles
$4,500,000
NS26092844 MLS ⋅ Active Status
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. Also, plans have been approved to remodel the existing building which would produce three leasable units of approximately 2900 square feet, 1350 square feet and 1250 square feet. Property also has a private/gated parking lot of 21 stalls. 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!!

800 11th. Street, Paso Robles

793 Higuera, San Luis Obispo
$3,465,000
PI26092891 MLS ⋅ Active Status
Located at Higuera and Chorro Streets—the true epicenter of Downtown San Luis Obispo’s primary commercial corridor—this ±7,492 SF two-story mixed-use asset blends office and retail uses to create strong in-place income and tenant synergy. Surrounded by premier shopping, dining, and the Thursday night Farmers’ Market, and just steps from Mission San Luis Obispo and Cal Poly’s HotHouse innovation hub, the property benefits from consistent tourism, student activity, and daily foot traffic. Offered at $3,465,000 (4.88% cap rate), the asset provides stable cash flow with long-term upside in a tightly held market with limited inventory—an exceptional opportunity to secure a high-profile downtown SLO investment.

793 Higuera, San Luis Obispo

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

3750 W Highway 46, Templeton
$4,350,000
NS25272502 MLS ⋅ Active Status
PRICE IMPROVEMENT! A rare turnkey wine country investment in one of California's most sought-after appellations, strategically positioned on Highway 46 West—the route that defines Paso Robles wine country. This property includes a fully licensed tasting room and restaurant space—currently home to a thriving establishment where Willow Creek District's most acclaimed winemakers gather after a day in the vineyard—along with an income-generating vacation rental and a meticulously maintained 8-acre organic Zinfandel vineyard. Properties combining commercial tasting room facilities with premium vineyard estates and vacation rentals rarely come to market. The tasting room space features a full commercial kitchen and all necessary licenses. One of the region's most respected winemaking families currently operates the space, serving rare oysters, fine organic hard cider, and exceptional red and white wines, and would like to continue leasing the tasting room, though all offers will be considered. The established vacation rental provides additional income, while the 8-acre head-trained, dry-farmed organic Zinfandel vineyard is managed by the same legendary family. This is an opportunity to own prime real estate with multiple established income streams in one of wine country's most exciting emerging districts. For those who understand this market, the timing and potential here are exceptional.

3750 W Highway 46, Templeton

3750 W Highway 46, Templeton
$4,350,000
NS25272070 MLS ⋅ Active Status
A rare turnkey wine country investment in one of California's most sought-after appellations, strategically positioned on Highway 46 West—the route that defines Paso Robles wine country. This property includes a fully licensed tasting room and restaurant space—currently home to a thriving establishment where Willow Creek District's most acclaimed winemakers gather after a day in the vineyard—along with an income-generating vacation rental and a meticulously maintained 8-acre organic Zinfandel vineyard. Properties combining commercial tasting room facilities with premium vineyard estates and vacation rentals rarely come to market. The tasting room space features a full commercial kitchen and all necessary licenses. One of the region's most respected winemaking families currently operates the space, serving rare oysters, fine organic hard cider, and exceptional red and white wines, and would like to continue leasing the tasting room, though all offers will be considered. The established vacation rental provides additional income, while the 8-acre head-trained, dry-farmed organic Zinfandel vineyard is managed by the same legendary family. This is an opportunity to own prime real estate with multiple established income streams in one of wine country's most exciting emerging districts. For those who understand this market, the timing and potential here are exceptional.

3750 W Highway 46, Templeton

294 N 4th Street, Grover Beach
$999,000
PI25260488 MLS ⋅ Active Status
Prime Mixed-Use Redevelopment Opportunity in Grover Beach. 294 4th Street offers a rare chance to acquire two separate lots totaling 11,326 sq ft on the corner of 4th Street and Brighton Avenue, right in the path of Grover Beach’s ongoing revitalization. One parcel features a 1,600 sq ft commercial building currently operating as a neighborhood grocery store. The adjoining parcel is vacant, opening the door for creative redevelopment or mixed-use expansion. Located just blocks from new construction, transit, and beach-area amenities, this property gives investors and developers a strategic canvas in one of the Central Coast’s fastest-changing coastal corridors. Buyers should verify directly with the City of Grover Beach regarding allowable mixed-use or commercial development options and zoning potential. Two APNs. Corner location. Strong visibility. Endless upside. A fantastic opportunity to reimagine a key Grover Beach corner with long-term growth written all over it.

294 N 4th Street, Grover Beach

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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