The Central Coast Solution

170 South Frontage Road, Nipomo, CA


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170 S. Frontage Road, Nipomo, CA

Sale Details:
• Asking Price: $4,950,000.00 ($24.13/SF)

Description:
The asphalt parking lot was not removed and remains usable, with some maintenance. The existing parking lot is improved with light standards, automobile wheels stops and irrigated landscaping features.

The Sellers possess a “vested tentative map” for the subject parcel, (since expired) which provided conditions for a mixed-use project including multi-family, professional office and retail uses. The existing on-site improvements include power service, 1 1/2 water line service and other utilities, either at the property lines orin the streets.

The site offers 180 degrees of unrestricted exposure and visibility from US Highway 101, a major California north-south route fro both commercial and pleasure uses. ADT’s along the freeway exceed 50,000 vehicular trips per day. A Hilton 2 Home, 80 room hotel,to the south has been proposed and the approval process should be completed in the very near future.


Description:
Approximately 5.47 acres of commercial zoned property, is now available for sale. It is located at the SWC of Hill Street and Frontage Roads. The site had formerly been occupied by the Boys and Girls Club of Nipomo, since demolished, with a large ±20,000 square foot building including its adjacent parking lot.

Contact Agents:
Gerald Jankowski
805.928.2800, ext. 106
Gerald@PacificaCRE.com
BRE#00791658