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Paso Robles - Downtown Income/Investment! 1306 Pine St 10,000 SF 100% Leased Retail Building Paso Robles, CA 93446 $5,687,801 CAD ($568.78 CAD/SF)



Investment Highlights
- Largest Downtown Parcel Offered in Over a Decade
Executive Summary
Prime DOWNTOWN Paso Robles Commercial Offering! Opportunities like this don’t become available often. In fact, the last time this iconic multi-tenant commercial property transferred was in the 1920’s when acquired by the current family ownership. 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 quality tenants providing dining, retail, coffee and wine tasting to the Paso Robles thriving downtown. The largest downtown parcel offered in over a decade, this site is uniquely situated on a street-to-street parcel fronting 13th Street, providing unmatched visibility and exceptional accessibility. What an incredible combination of having one of the highest traffic counts in all of the downtown, yet being just one block away from the Paso Robles City Park.... and with the optimal TC-1 zoning! 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. Tenants include Cowgirl Café, 915 Lincoln Wines, LXV Wine Lounge, Spice of Life, Black Sheep Sourdough Bakery, Slow Rush Coffee and coming soon - Tortilleria La Guerrerense. Generous onsite and street parking ensures convenience for tenants and patrons alike. Full lease terms, rates, income and expense info, etc. available to qualified buyers (with signed NDA). 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.
Property Facts
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
10,000 SF
Building Class
C
Year Built/Renovated
1922/1986
Price
$5,687,801 CAD
Price Per SF
$568.78 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.40
Lot Size
0.57 AC
Opportunity Zone
Yes
Zoning
TC-1 - TC-1 is the most desirable downtown zoning, allowing for retail, restaurant, hospitality and mixed-use residential. A Zoning Matrix is attached.
Parking
12 Spaces (1.2 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Air Conditioning
Moderately walkable
70/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 009-045-004 | Improvements Assessment | $2,020,162 CAD |
| Land Assessment | $1,553,971 CAD | Total Assessment | $3,574,133 CAD |
Property Taxes
Parcel Number
009-045-004
Land Assessment
$1,553,971 CAD
Improvements Assessment
$2,020,162 CAD
Total Assessment
$3,574,133 CAD
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Paso Robles - Downtown Income/Investment! | 1306 Pine St
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