Active

267 W Tefft Street

Nipomo, CA 93444
Mark as Favorite
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

Read More Expand

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

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.3444
  • Lot Size Source: Assessor Lot Size Square Feet: 15000

  • Listing Price Information

    Original List Price: 849,000 Listing Contract Date: 2025-12-28
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 090142008

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: NPMO - Nipomo Directions: Exit Hwy 101 on Tefft Street, go East on Tefft to property on the right. See For Sale / For Lease signage Zoning: Commercial Retail Source Property Type: Land Area: NPMO - Nipomo
Sell a home like this and save $50,441 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

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)
150 E Chestnut, Nipomo, CA, 93444 $800,000 -- -- -- 63,000 Sqft(Lot)
S Burton Street, Nipomo, CA, 93444 $569,000 -- -- -- 12,000 Sqft(Lot)
228 Chaparral, Nipomo, CA, 93444 $325,000 -- -- -- 6,164 Sqft(Lot)
1255 Viva Way, Nipomo, CA, 93444 $999,900 -- -- -- 217,800 Sqft(Lot)

Copyright © 2026 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.

ByOwner last updated this listing 06/12/2026 @ 04:25

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

Selling? Save $50,441 when you sell a home like this

Tour with a ByOwner Agent