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1046 Vine StreetPaso Robles, CA 93446Sale Price: $590,000

  • Sale Price: $590,000
  • 6 Days Since Sale
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Federal 30-year interest rate: 7.19% last updated on Sep 21, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $589,000List Price
  • 0.14Acreage
Presenting an exceptional investment opportunity, we are proud to introduce a prime commercial building for sale situated on the vibrant Vine Street, adjacent to the heart of Downtown Paso Robles. This coveted property is currently under a lease agreement with the esteemed Edward Jones, a tenant that has been a part of this location since July 1, 2009. The ongoing lease arrangement is valid until June 30, 2024, with the current monthly payment from the tenant set at $2,637.29. Notably, an option also exists for them to prolong their lease for an additional 5 years, further emphasizing the desirability of this investment. Encompassing approximately 1,301 square feet, this building stands prominently on a generous 6,000 square foot lot, boasting a T-3F zoning that not only accommodates commercial use but also allows for residential utilization. This versatile feature adds an extra layer of potential value to the property. Seize this opportunity to secure a remarkable investment with established tenancy and the potential for long-term gains in a strategic and well-connected location.
Listed by Corban Holland of Pacifica Commercial Realty

Listing Sold by RE/MAX Parkside Real Estate

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Based on information submitted to CRMLS as of September 25, 2023 6:25 PM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Property Details of 1046 Vine Street

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