$849,000

267 W Tefft Street, Nipomo CA, 93444

Price per sqft$56.60

Lot size0.34 Acres

Property typeLand

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Overview

Active

Listed Dec 30, 2025

Updated Apr 10

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

Additional information

MLS^® ID: SC25281902

Exterior Features

Lot Size: 0.34 Acres

Other Property Details

55+/Senior Community: No

Broker Reciprocity Courtesy of San Luis Obispo County Realty, Kenneth Emmer

Website E2E - Playwright - Full Name

- Phone Number

[email protected] - Email

Jim Halpert - Brokerage Name

76321 - MLS License Number

Data last updated 7:03 AM UTC, 4/10/2026

Based on information from California Regional Multiple Listing Service, Inc. as of 4/10/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.