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267 W Tefft Street

Nipomo, CA 93444
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SqFt15,000

Sqft(Lot)

Video: https://cdn.muse.ai/u/kQXGNUX/823494b617fc2f642a5acd92a50f4babf79463a782c3bc5b93978b493c735b65/videos/video.mp4 This property is also listed under Commercial Sale as MLS# SC25281362 PRIME DEVELOPMENT OPPORTUNITY Prime development opportunity in the heart of Nipomo's civic center. This 15,000 SF CR-zoned property offers 6,000 SF of building coverage area (40% coverage) with complete infrastructure and zero lot-line setback capability under the Olde Towne Nipomo Design and Circulation Plan. STRATEGIC LOCATION Located on Tefft Street, Olde Towne Nipomo's main commercial thoroughfare with excellent visibility. Directly adjacent to Nipomo Community Services District building. Across Wilson St from Laborers Union Hall Local 220. Across Tefft St from new Sheriff's building, breaking ground in 2026. Quarter block west of modern two-story mixed-use project, adjacent to Casa Grande Center. One block east of Adobe Plaza and Birchwood. FLOOD ZONE ADVANTAGE Property sits at 324.2 feet elevation, 6.2 feet higher than comparable properties in the area. In 100-year flood zone, but elevation difference provides lower flood insurance costs and lower engineering and construction costs. DEVELOPMENT READY Sidewalks, curbs, and gutters on both street frontages. Zero lot-line setbacks allowed on all sides. No off-site improvements required. Water and sewer connections available through Nipomo Community Services District. Area operates under Olde Towne Nipomo Design Plan with streamlined development guidelines. EXISTING BUILDING 1,064 SF office building, built 1959, excellent condition, four rooms. Currently generating $2,200/month income. Convertible to other uses or redevelopment opportunity. ZONING AND DEVELOPMENT OPTIONS CR (Commercial/Residential). Maximum 40% lot coverage. Zero setback development allowed. Accommodates mixed-use development with ground-floor commercial and residential units above, or high-density residential up to three stories with ground-floor parking. Old Town Nipomo benefits include reduced parking requirements (40% vs 100% through public parking initiatives) and zero lot line development. AVAILABLE FOR Commercial Sale, Commercial Lease, or Lease Option to Buy. RECENT COMPARABLE 188 W Tefft St sold May 16, 2025 for $675,000, one block away in same CR zoning. See Supplements for detailed comparative analysis

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Detail Ic Property Details

Property Type : Land

Price : $849,000

AD Id : 71762449

MLS Id : SC25281902

Lot Size : 15,000 Sqft(Lot)

County : San Luis Obispo

Subdivision: Viking Estates

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Feature Features

  • Lot Information

    Main Square Feet: 15000 Lot Size Acres: 0.3444 Lot Size Source: Assessor Lot Size Square Feet: 15,000 Lot Description: 31-35 Units/Acre

    Property Information

    Subdivision: Nipomo(340) Source Property Type: Land

  • Listing Price Information

    Listing Price: $849000
    Cash, 1031 Exchange

  • Tax Information

    Parcel Number: 090142008

  • Utility Information

    Cable Connected, Electricity Connected, Phone Connected, Sewer Connected
  • Location Information

    Direction: Exit Hwy 101 on Tefft Street, go East on Tefft to property on the right. See For Sale / For Lease signage WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
215 Rancho Road, Nipomo, CA, 93444 $2,876,400 -- -- -- 3,126,736.80 Sqft(Lot)
680 Spring Canyon Lane, Nipomo, CA, 93444 $1,279,000 -- -- -- 3,484,800 Sqft(Lot)
150 E Chestnut, Nipomo, CA, 93444 $800,000 -- -- -- 63,000 Sqft(Lot)
205 W Tefft, Nipomo, CA, 93444 $290,000 -- -- -- 12,500 Sqft(Lot)
564 S Oak Glen, Nipomo, CA, 93444 $875,000 -- -- -- 7.60 Acres(Lot)
400 N Oakglen Ave, Nipomo, CA, 93444 $3,725,000 -- -- -- 105 Acres(Lot)
549 Hill Street, Nipomo, CA, 93444 $499,000 -- -- -- 50,529.60 Sqft(Lot)
719 W Tefft Street, Nipomo, CA, 93444 $1,250,000 -- -- -- 70,131 Sqft(Lot)
775 W Tefft, Nipomo, CA, 93444 $1,750,000 -- -- -- 169,884 Sqft(Lot)
1785 Scenic View Way, Nipomo, CA, 93444 $750,000 -- -- -- 190,792.80 Sqft(Lot)

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/16/2026 @ 15:01

MLS: SC25281902 LISTED BY: Kenneth Emmer, San Luis Obispo County Realty 805-305-9662 SOURCE: CRMLS

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