Approximately 5.47 Acres of Commercial Zoned Property, is now available for sale. It is located at the SWC of Hill Street and Frontage Rds. 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.
The asphalt parking lot was not removed and remains usable, with some maintenance. The existing parking lot is improved with light standards, automobile wheel 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 property has various utilities and power in place. The properties previous 1.5” water meter was removed when the bldg was demolished. The site offers 180 degrees of unrestricted exposure and visibility from US Highway 101, a major California northsouth route for both commercial and pleasure users. 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.
• Asking Price: $2,995,000.00 ($12.59/SF)