MLS® ID: 18-3526

102-240 Spring Street

PASO ROBLES, California, 93446

$11,595,000 Active
  • - SQFT
The Grandview Apartments in Paso Robles offer an investor the rare opportunity to acquire and upgrade a sizable multi-family asset in a premiere California inland coastal location. The property is prominently situated on a 2.8-acre parcel at Paso Robles' ''Gateway'' corner, and enjoys a favorable ''Town Center'' commercial zoning designation. A new 140-room hotel is being constructed next door, and the area around the Grandview apartments is surrounded by newer commercial buildings and the recent refurbished Spring Street corridor leading to downtown Paso Robles a few blocks away. The location is also in a recently-designated ''Opportunity Zone'', part of the new Federal tax law, and providing a potential windfall capital gains exemption / elimination for the buyer, consult with CPA.
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Listing courtesy of Berkshire Hathaway Home Services California Properties

Amenities

  • Full baths
    0
  • Half baths
    0
  • Zip
    93446
  • Office name
    Berkshire Hathaway Home Services California Properties
  • Elementary school
    Other
  • Junior high
    Other
  • High school
    Other
  • Year built
    1953
  • Agent name
    Ken Switzer
  • Purchase Type
    Active
  • Price Range
    $2m+
  • Year Built Range
    1989 (and earlier)
  • Office ID
    199500113
  • Agent ID
    199501059

Location

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