For Sale
$713,400

Mallagh St Nipomo, CA 93444

1.49 Acres, Mixed-Use Potential, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional 1.49-acre property, located at the southeast corner of W Branch and N Mallagh Streets in Nipomo, CA (93444), presents a unique development opportunity. Priced at $713,400 ($11/sq ft), this land offers flexibility for commercial, residential, or mixed-use projects. The property is zoned for Commercial Retail and is eligible for development under the Workforce Housing Subdivision ordinance, allowing for high-density, individually owned properties or high-density multi-family development. Detailed information on these options is available in supplemental materials. The lot is flat and situated within the urban reserve line, boasting a desirable location near popular local amenities, including Jockos Steakhouse. Three sides of the property are bordered by established streets (W Branch St, N Mallagh St, and the Burton Street right-of-way), with neighboring properties already under development. Across the street are existing residential homes, providing a harmonious blend of commercial and residential environments. APN: 090131001. This is an ideal investment for developers seeking a prime location with versatile zoning and significant potential for high-density development.

Highlights

  • 1.49-acre commercial lot in Nipomo, CA (APN: 090131001), located at W Branch & N Mallagh Streets.
  • Priced at $713,400 ($11/sq ft).
  • Zoned for Commercial Retail, eligible for Workforce Housing, allowing high-density development (multi-family or individually owned).
  • Flat lot within urban reserve line, near amenities.
  • Three-street frontage (W Branch, N Mallagh, Burton St right-of-way), adjacent to active development.

Property Details for 0 Mallagh St

Property type
Land
Lot Size (sq. ft)
64,904 SF

Location Insight

City
Nipomo
County
San Luis Obispo
State
California
Latitude
35.042020425931
Longitude
-120.47914185256

FAQs

What type of property is this?
Land - 1.49 Acres, Mixed-Use Potential, Prime Location
Where is the land located?
The property is located at Mallagh St Nipomo, CA.
What is the asking price?
The asking price for this property is $713,400.
What are key features of this property?
This property features: 1.49-acre commercial lot in Nipomo, CA (APN: 090131001), located at W Branch & N Mallagh Streets.; Priced at $713,400 ($11/sq ft).; Zoned for Commercial Retail, eligible for Workforce Housing, allowing high-density development (multi-family or individually owned).
How can I contact the broker?
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0 Mallagh St
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