Downtown Paso Robles Commercial Investment

Property Description

This incredible Paso Robles commercial property was last sold in the 1920’s, when acquired by the current family! The history here is truly captivating, from its pre-war years as the Paso Robles Ford dealership (the Twenty Millionth Ford Model A was delivered here!), through its current iteration hosting seven (7) quality tenants providing dining, retail, coffee and wine tasting to the Paso Robles thriving downtown. The largest downtown parcel offered in over a decade (25,000SF), this TC-1 zoned site is uniquely situated on a street-to-street parcel fronting 13th Street, providing unmatched visibility and accessibility. The site enjoys one of the highest traffic counts in all of the downtown, yet is only one block away from the Paso Robles City Park! While the location and history are truly remarkable, the income opportunity here is equally exciting. Generating over $18,000/month in rental income alone, plus thousands more in NNN reimbursements (annual NOI exceeds 210K!). Generous on-site and street parking ensures convenience for tenants and patrons alike. Whether you’re looking for a prime location for steady, long-term income generation, or to reimagine its history and potential into a one-of-a-kind cornerstone holding, this property’s location and prominence make it an irreplaceable opportunity in Paso Robles’ vibrant and dynamic downtown. • Largest Downtown Parcel Offered in Over a Decade • 10,000± SqFt Improved Space (Two Buildings + Kiosk) • Seven (7) NNN Leased Spaces - Most are Long Term • Over $18,000/Month in Rental Income + NNN • One of the Highest Traffic Counts in Downtown • Potential to Build Additional SF in Parking Area