2906 Spring Street, Paso Robles CA, 93446

Sold

2906 Spring Street

Paso Robles CA, 93446

$840,000

$300.86 per sqft

Sold

2,792 sqft

Commercial

Built in 2000

Listed by Owen Schwaegerle with Keller Williams Realty Central Coast 805-549-7570

Opportunity abounds with this Car Wash and Laundromat! Ideally situated on the highly-trafficked Spring Street in Paso Robles, there are two parcels listed together for sale, providing two pieces of real estate with a great business venture. Enjoy the passive income from 5 self-service wash bays and numerous coin-operated laundry machines (26 dryers and 22 washers). There is also an ~800 SF, 1 bed/1 bath back unit for the onsite manager of the facility or for future rental income. Owner is currently negotiating a lease with AT&T for a cell tower which would provide an additional ~$1800/mo in income. Located in the Paso Robles Opportunity Zone, there are wonderful tax advantages provided to investors and those doing a 1031 Exchange. The zoning overlay is T4-F, providing flexible uses for the real estate. All of this on a flat, rectangular lot with easy access to Spring Street, the surrounding neighborhoods, and Highway 101. Buyer to verify all zoning uses and plans with the city. Average net income over past three years ~$70K. Call today to receive the info packet!

SC22155843

MLSⓇ ID

July 15, 2022

Listed

March 23, 2024

Updated

Map

2906 Spring Street
Paso Robles CA, 93446

Interior Features

Appliances: Washer
Laundry Description: Common Area, Inside
Fireplace: No
Cooling: No
Heating: No

Exterior/Building Features

Lot Size: 0.61 Acres
Lot Features: Sprinklers In Front, Level, Near Park, Near Public Transit, Paved, Rectangular Lot

Other Property Details

Area Name: PRIC - PR Inside City Limit
Days on Market: 18
Garage: No
View: No
County: San Luis Obispo
Water Source: Public
Pool: No
Buyer Agency Compensation: 3%

Listing Contact: 805-549-7570

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/23/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 3/23/2024 at 1:38 AM UTC