4th & Spring St. Prime Development Opportunity | Paso Robles, CA 93446

4th & Spring St.
Paso Robles, CA 93446
Prime Development Opportunity

Property Type
Land
Mixed Use
Price
$5,950,000
Land Size
5.38 Acres
County
San Luis Obispo

PRICE REDUCED! NOW OFFERED AT $5,950,000. Prime development opportunity zoned for multifamily, hotel, condo, assisted living facility and other mixed-use possibilities. Conveniently located within walking distance to downtown Paso Robles with popular restaurants, banks, entertainment events, retail, post office, medical facility and all downtown has to offer. The City of Paso Robles has been economically reinvigorated in the past decade. It is impossible to be oblivious to the immense growth of population and industry that has flooded the area. The City has acknowledged this growth and has developed a strategy to flourish. This strategy is primarily focused on attracting long term economical investments to, “develop and market the unique character, heritage and special attributes of the community as the region’s destination to visit, shop, invest, work and live.” As the wine industry continues to grow and Paso Robles becomes an even more popular tourist destination, the City will only reinforce their support for new industry. This approx. 5.38 acre lot is located directly off the 101 Freeway, centrally in a high traffic area, and ideal for any investor looking for the next opportunity in the Central Coast. Please contact Austin and Chris for more information.