40 Acres Lot
40 Acres Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID NS23059212
HOA Y/N No
Year Built 1963
Lot Size 40.000 Acres
Property Description
Here’s your chance to own the only commercial site and facilities in the entire Carrizo Plains. The town consists of 8.7± acres of commercial land and 31± acres of Ag land surrounding the commercial site. Soda Lake City in California Valley is located 1.3± miles south of Hwy 58 on both sides of Soda Lake Road. Soda Lake Rd crosses Hwy 58 at a point, which is 47± miles east of Hwy 101 and 45± miles west of Hwy 5 and is more than 40 miles away from any town or commercial services. This commercial site consists of a 20-unit Lodge/Motel with a one-bedroom manager's apartment for a total of (7,500± sq. ft.), a restaurant, and store, (5,000 SF) and a service station (1,500± sq. ft.). All of these Buildings are operational(except the gas station). Included in the sale are two (never used) uninstalled Prefab Fast Food Restaurant buildings purchased in 2002. The town was completed in the early 1970’s along with the subdividing of 25,000± acres next to the town offering 7,500 -2.5± acre residential parcels. All of the town's buildings have been totally remodeled and updated to county health and fire department codes at a cost of more than $1,200,000.00 in 2011, along with additional upgrades. The well that serves the town is 475± ft. deep and produces approximately 150 gpm of drinking water. Contact us today to discuss seller financing options.
Location
State CA
County San Luis Obispo
Area Smrg - Santa Margarita
Zoning CR
Rooms
Other Rooms Living Quarters
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Appliance Washer
Laundry Inside
Exterior
Fence Livestock
Utilities Available Electricity Connected, Propane, Phone Connected, Overhead Utilities
Roof Type Composition
Present Use Commercial
Building
Lot Description 6-10 Units/Acre, Pasture, Street Level
Story 1
Water Well
Additional Building Living Quarters
Others
Tax ID 072141021
Security Features Resident Manager,Smoke Detector(s)
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Special Listing Condition Standard
