Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Pool

    No

  • View

    None

Area & Lot

  • Lot Features

    Level

  • Lot Size(acres)

    0.2755

  • Property Type

    Land

Price

  • Sales Price

    $569,000

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Senior Community YN

    NO

  • Tax Lot

    7

  • Water Source

    Public

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Location

County

San Luis Obispo

Elementary School

Middle School

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Listing Courtesy of Mark Burnes , Burnes Commercial Group

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A12k (+/-) multi-family parcel that is a flat & level rectangle. Determining density in this area is a little tricky, but, as best as we can tell, it falls in the middle density which is 26 units per acre which is 1675 sf per unit, which would translate to 7 allowable units. Under recent state laws, adding ADUs to a project can increase the number of units. It is also possible to develop by right with a project compliant with the upgraded ordinances on ADUs and/or Affordable Hopusing Project. IT IS IMPERATIVE THAT THE BUYER CONFIRMS ALL OF THIS WITH SLO COUNTY PLANNI9NG  BEFORE WE GO UNDER CONTRACT. Owner will; carry a note and first TD with a minimum 25% down, 7% interest only payments. up to 5 years. A lower interest rate is doable with a larger downpayment. An escrow of up to 6 months is possible.w and/or a seller carry might be possible.

0 S Burton Street

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Related Properties

Price reduced
Here’s a great opportunity to own almost one-half acre zoned commercial retail in Old Town Nipomo, located in the East Tefft corridor development district. If you’re looking to buy in the path of progress, this parcel deserves a close look.



You’ll appreciate the flexibility here:

• Hold as a land bank in a growing community

• Move toward entitlements and sell

• Or build it out to its highest and best use for future rental income



Preliminary conversations with the county suggest there may be potential for at least ten residential units with a conditional use permit along with commercial space and possible building heights up to forty-five feet. All information in this listing must be verified with San Luis Obispo County by the buyer or buyer’s agent.

All utilities are available at the street which making development user-friendly. The L-shaped parcel wraps around the home on the corner, and that home is not part of the sale. The setting is tranquil yet convenient, positioned between West Dana Street and South Burton Street across from La Cazuela’s restaurant.



Nipomo continues to attract residents and investors for its small-town charm, gentle climate and central location. Enjoy easy access to Highway 101, local dining, golf and wineries, and a welcoming community with steady growth. It’s a place where families put down roots and long-term investment makes sense.

Why wait? Start your next investment chapter today.



Conceptual rendering ONLY included in the photos provided to illustrate potential mixed-use development allowed under current zoning. Buyer to verify all information, permits and development options with SLO county planning department and do their own due diligence prior to close of escrow.
#PI25262152

Nipomo

13 W Dana Street

None Beds

None Baths

0.4591 acres

$599,000

MLS#: PI25262152

 - property

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