1470 Mission Street, San Miguel, CA 93451

San Miguel
Local realty services provided by:ERA Excel Realty
1470 Mission Street,San Miguel, CA 93451
$845,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: scott ehrke
Office: guide real estate
MLS#:NS26100256
Source:MLSListings

Price summary

  • Price:$845,000

About this home

INVESTORS, TAKE NOTE! Here's a great opportunity to purchase a newer three unit, mixed-use building in the desirable Paso Robles Wine Region. Located on the main corridor in downtown San Miguel (9 miles North of Paso Robles), this outstanding income property is just a short walk North of the historic Mission San Miguel. Built just 20 years ago, this newer mixed-use building includes over 2,700 SF of ground-level commercial/retail space, together with two (2!) spacious, well-designed 2 bedroom, 2 bath residential apartments upstairs. Imagine the possibilities here. This is an ideal property for a 1031 exchange, as it generates nearly $5,500/month in rental income (a 6 CAP return at asking price!), with 2 of tenants being long-term (12+ years). However, because each tenant is now on month-to-month agreements in anticipation of the sale, the building is also well suited for an owner-user who could have their business operations downstairs, occupy one of the two upstairs apartments, and...

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Home facts

  • Year built:2008
  • Listing ID #:NS26100256
  • Added:137 day(s) ago
  • Updated:September 23, 2026 at 04:39 PM

Rooms and interior

  • Kitchen Description:Dishwasher, Microwave

Heating and cooling

  • Cooling:Central Air
  • Heating:Central Forced Air

Structure and exterior

  • Roof:Composition
  • Year built:2008
  • Lot area:0.08 Acres
  • Lot Features:Level, Zero Lot Line
  • Foundation Description:Concrete Slab

Utilities

  • Water:District - Public

Finances and disclosures

  • Price:$845,000

Features and amenities

  • Amenities:Balcony or Patio, Double Pane Window(s), High Ceiling

Parking

  • Parking description:Off Street Parking, Other
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