2927 Spring St

2927 Spring St , Paso Robles, California, 93446 | 4,123 sq.f | $ 2,400,000

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About This Restaurant

Investment Highlights

Executive Summary

Recently renovated Restaurant with a local following, tourist destination plus featuring an active #47 alcohol license. Excellent location in the heart of the Paso Robles Redevelopment Plan. Just minutes away from Highway 101 and on the Paso Robles Wine Trail. Currently a 4,123 sf restaurant, per tax assessor, on a 34,900 sf lot. T-4F zoning may support a variety of uses such as office space, food products, market, gallery, professional, etc. This large restaurant features a newer kitchen, full bar with sink, banquet room, massive outdoor seating area, 9'x12' walk-in cooler, kitchen/hood system, floor drains in kitchen/food prep areas and tile flooring. Seating 145 inside + 160 more outside. Parking area offers 34 private lot spaces, ample street parking plus two handicap spaces. Close proximity to the Hwy 101 on and off ramps means good traffic counts that increase during the travel season.

Property Details

  • Sale Type    Investment or Owner User
  • Property Type    Retail
  • Property Subtype    Restaurant Restaurant Flex Light Manufacturing Industrial Food Processing Industrial Manufacturing Restaurant
  • Building Size    4,123
  • Building Class    C
  • Year Built/Renovated    1947/2019
  • Price    2,400,000
  • Price Per SF    582
  • Tenancy    Single
  • Building Height    1 Story
  • Building FAR    0.12
  • Land Acres    0.80 AC
  • Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Amenities

  • Restaurant
  • Signage
  • Car Charging Station
  • Air Conditioning

Property Taxes

Parcel Number 008-065-021 Improvements Assessment $566,035
Land Assessment $155,943 Total Assessment $721,978
Date Created: 2024-07-16 04:09:22 Last Updated: 2024-07-16 04:09:22
Address: 2927 Spring St , Paso Robles, California, 93446