Description

Prime Development Opportunity: 267 W Tefft St, Nipomo - Available for Commercial Sale, Commercial Lease, or Lease Option to Buy This property offers 15,000 square feet with CR zoning in Olde Towne Nipomo's commercial district. The existing 1,064 square foot building (built 1959) with four rooms operates as office space, providing immediate income. Primary value lies in the land position and strategic location for development opportunities. Strategic Location and Zoning Located on Tefft Street, Olde Towne Nipomo's main commercial thoroughfare with excellent visibility. CR zoning accommodates commercial, office, and residential mixed uses. Zero-lot-line construction permitted throughout Central Business District, maximizing buildable area on the 15,000 square foot lot. Established Business Environment Property benefits from central position among successful business centers. Located quarter block west of modern two-story mixed-use project, adjacent to Casa Grande Center, with beautiful hardscape and classic street lamps. Sits across from well-maintained Local 220 Labor Union property, one block east of Adobe Plaza and Birchwood, half block west of planned Sheriff's Nipomo Station (construction 2027). Property backs to Nipomo Community Services District facilities. Development Framework Located in Olde Towne Downtown area east of Highway 101, featuring traditional architecture, tree-lined streets, and walkable environment. Area operates under Olde Towne Nipomo Design Plan encouraging development that preserves historical character while providing clear development pathways. Development Options CR zoning accommodates mixed-use development with ground-floor commercial and residential units above, or high-density residential up to three stories with ground-floor parking. Includes integration with existing walkable infrastructure and reduced parking requirements through public parking initiatives requiring only 40% of standard on-site parking. Infrastructure Water and sewer connections available through Nipomo Community Services District. County has prioritized infrastructure improvements through Design Plan implementation with streamlined development guidelines. Property offers main street visibility with ongoing public investment in pedestrian infrastructure. This property presents development potential strategically positioned for Olde Towne Nipomo's continued growth.