525 Riverside AvePaso Robles, CA 93446

  • Agricultural properties
  • 13,447 SF
For Sale
$8,600,000 View listing

Property Details for 525 Riverside Ave

Year built
1922
Construction
TILT-UP CONCRETE
Lot size
1.18 AC
Property size (Sq ft)
13,447 SF
Zone code
M
Property type
Agricultural properties
Property subtype
Vineyards
APN
009-268-009
APU
9268009

Description

This exceptional Paso Robles property, listed at $8,600,000, presents a unique investment opportunity. The 1.18-acre lot features a meticulously restored 1922 building totaling 13,523 square feet. The mixed-use space includes offices, restrooms, and versatile event areas, complemented by outdoor patio seating for over 120 guests. The property boasts a substantial 3,864 square foot crush pad, permitted for wine production up to 20,000 cases annually. Its high-profile location in Paso Robles, California (525 Riverside Ave, 93446), offers breathtaking views and convenient proximity to the downtown area. The building's adaptable design allows for diverse uses, from retail shops and restaurants to a private club. While the listing focuses solely on the real estate, separate opportunities exist to acquire the existing wine business, inventory, equipment, and vineyard properties. Investors can choose to purchase the entire estate or select individual assets. This landmark property offers an unparalleled chance to establish a new wine brand or revitalize an existing one. The price per square foot is $635.95.

525 Riverside Ave, Paso Robles, California

Location Insight

City
Paso Robles
County
San Luis Obispo
State
California
Latitude
35.6203
Longitude
-120.687
CBSA code
42020
CBSA name
SAN LUIS OBISPO-PASO ROBLES, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$75,911
$1,256,053
$5,571,999
$6,828,052
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