17
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$1,450,000
Est. payment /mo
Active
745 Park ST Street Paso Robles, CA 93446
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Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25-2824
Property Sub-Type Commercial
Source Santa Barbara Multiple Listing Service
Property Description
Located in the heart of Paso Robles' thriving downtown district, 745 Park Street offers investors a chance to own a new fully leased, turn-key property in one of California's fastest-growing wine country destinations. Recently renovated from a charming multi-story historic home into what will be a vibrant culinary venue, this asset is backed by a 5-year gross lease at $10,000/month to a restauranteur set to open soon. With a annual projected net income of $91,740 and low landlord operating expenses, the
property provides stable, predictable cash flow in a walkable, area known for its downtown city park, boutique retail, acclaimed wineries and their tasting rooms, and culinary tourism. Please visit our website for a full brochure.
property provides stable, predictable cash flow in a walkable, area known for its downtown city park, boutique retail, acclaimed wineries and their tasting rooms, and culinary tourism. Please visit our website for a full brochure.
Location
State CA
County Santa Barbara
Others
Tax ID 009-201-005
Listed by Radius Group Commercial R.E.
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