Greg Malik Real Estate

Turn-Key Church Facility PLUS Development Land Opportunity! This 3.45 AC site has not been offered for sale in nearly five decades - but it is NOW available and the opportunity is irreplaceable! Interestingly, the attraction of this site does not solely lie in the eyes of land developers, as the opportunities for an existing (or start-up) church are equally intriguing, thanks to the nearly 5,000 SqFt of built-to-spec worship space (in 3 separate buildings). As to the buildings, you'll find 2,340 SF in the original Sanctuary building, plus an additional 1,190 SF in the Sunday School building, attached via a covered breezeway area. There is also a detached, conditioned modular building of approx. 1,440 SF, used by the church as a Fellowship Hall and meeting area. A true opportunist will make the best of both worlds, developing both residential parcels (estimated yield of 10-18 lots, subject to city approvals), all the while keeping the church structures on their own 1/2 AC site! Great for a user, but consider leasing these buildings to a church (or even a child care or pre-school facility?) - we'd estimate you could easily generate at least $1/SF NNN for the improvements here, generating approx. 60K in annual income while developing the land for sale and/or construction! The possibilities of this location and site are bountiful and ready for your vision! 3-D Virtual Tour of the 2,300+SF church sanctuary building plus a 40+ image traditional Virtual Tour are both attached!

  • MLS# NS17235908
  • Style Industrial
  • Sub-Type Resale
  • Status Active
  • Days On Site 306
SQ Feet 4,970
Story(s) 0
Listing Provided By:
Scott Ehrke  of  RE MAX Parkside Real Estate
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
this listing $1,375,000
197.33%
$462,450 in 93446
this listing 4,970 SqFt
192.96%
1,697 SqFt in 93446
this listing $277 $/SqFt
1.48%
$273 $/SqFt in 93446
this listing 306 on site
494.17%
51.5 on site in 93446

Location

State CA
County San Luis Obispo
City Paso Robles
Zip Code 93446
Area PR Inside City Limit

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