$585,000
$23K PRICE DROP

Estimated payment $3,773/month

Total Views 6,371
0.16 Acre
$3,656,250 Price per Acre
6,970 Sq Ft Lot

Highlights

  • Property is near public transit
  • Corner Lot
  • No HOA

About This Lot

Looking for a prime development opportunity? This is it! Located on the busy North East corner of Main Street and Depot, makes this an outstanding opportunity for investors looking to capitalize on the city’s economic growth and increasing visitor traffic. The PD/C-2 zoning allows for diverse commercial, retail, and mixed use projects. The property benefits from it's alley access at the rear of the property, it's High Traffic and High Visibility Corner Location and it's proximity to Highway 101. There is currently a lease for two Billboard signs on the property. That lease will end on November 1, 2025. It's Neighbors include 2 strip centers, a dental office and various retail stores.

Listing Agent

Diana Pellerin

Pinnacle Real Estate Group Central Coast, Inc. Brokerage Phone: 805-440-3640 License #00888222 Listed on: 07/03/2025

Property Details

Property Type

  • Land

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50x144
  • Property fronts an alley
  • No Landscaping
  • Corner Lot
  • Level Lot
  • Property is zoned PD/C-2, Retail Commercial

Location

  • Property is near public transit

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 10 / 3
  • Assessor Parcel Number 119263008
  • $832 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Exterior Lighting

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Current Use: Unimproved
  • Current Use Comments: There is currently a lease in place for 2 advertising billboards. That lease will end on November 1, 2025. The owner has submitted a letter of cancellation.
  • Possible Use: Commercial
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Paved
  • Survey: Buyer Pays
  • View: No
  • Zoning: PD/C-2
  • Zoning Description: Retail Commercial
  • Property Type: Land
  • Parcel Number: 119263008
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 83.93

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Level with Street, Level, Near Public Transit, No Landscaping
  • Lot Size: 50x144
  • Lot Size Sq Ft: 6970.00
  • Lot Size Acres: 0.1600
  • Latitude Manual: 34.95345500

Multi Family

  • Lot Size Area: 6970.0000 Square Feet

Tax Info

  • Tax Block: 3
  • Tax Lot: 10
  • TaxOtherAnnualAssessmentAmount: 831.76

Map

Range of Values:

Collateral Analytics

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ICE

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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2025 08/10/25 Price Changed $585,000 -3.8% --
07/03/2025 07/03/25 For Sale $608,000 -24.0% --
04/11/2014 04/11/14 Sold $800,000 -19.9% --
01/30/2014 01/30/14 Pending -- -- --
11/26/2013 11/26/13 For Sale $999,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI25148735

California Regional Multiple Listing Service (CRMLS)