221 N Main Street, Templeton CA, 93465

Active

221 N Main Street

Templeton CA, 93465

$1,890,000

$28.55 per sqft

Active

1.52 Acres

Land

Listed by Preston Thomas with Colliers Tingey International Inc. 559-281-6112

This is a rare opportunity to acquire two completed commercial lots, perfectly positioned near Downtown Templeton and Highway 101. The property has recently undergone a lot split, creating two highly-desirable sized lots with water units suitable for owner-users and investors. These lots are ideal for a range of development possibilities, including medical, professional offices, retail establishments, or mixed-use projects.

Development Potential: Current approvals for an 18,000 SF office/retail/residential project. Among other options, preliminary studies indicate that a 10,000 SF medical or office building can be constructed on Parcel 1, and an 8,000 SF medical or office building on Parcel 2, or build your own custom building. Lots with allocated water units, and complete off-site improvements are a rarity in Templeton. Special incentives include no traffic improvement fees and a stormwater retention waiver. Includes approved building plans, for an 18,000 SF mixed use project, that are ready-to-develop.

Seller financing may be available!

SC23217378

MLSⓇ ID

November 28, 2023

Listed

March 23, 2024

Updated

Map

221 N Main Street
Templeton CA, 93465

Exterior/Building Features

Lot Size: 1.52 Acres
Lot Features: Lot Over 40000 Sqft, Street Level

Other Property Details

Area Name: TTON - Templeton
Days on Market: 8
Garage: No
View: No
View Description: None
County: San Luis Obispo
Water Source: Public
Pool: No
Zoning: REC
Buyer Agency Compensation: 2.5%

Listing Contact: 559-281-6112

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/23/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 3/23/2024 at 1:18 AM UTC