525 Riverside Ave Paso Robles, CA 93446
- Vineyards
- 13,447 SF
- 1.18 lot acres
Current Use by Public Records
- Vineyards
Property Details for 525 Riverside Ave
- Year built
- 1922
- Construction
- TILT-UP CONCRETE
- Lot size
- 1.18 lot acres
- Property size
- 13,447 SF
- Zone code
- M
- Property type
- Vineyards
- APN
- 009-268-009
- APU
- 9268009
Description
This exceptional Paso Robles property, listed at $8,600,000, presents a unique investment opportunity. The 1.18-acre lot features a meticulously restored 1922 building totaling 13,523 square feet. The mixed-use space includes offices, restrooms, and versatile event areas, complemented by outdoor patio seating for over 120 guests. The property boasts a substantial 3,864 square foot crush pad, permitted for wine production up to 20,000 cases annually. Its high-profile location in Paso Robles, California (525 Riverside Ave, 93446), offers breathtaking views and convenient proximity to the downtown area. The building's adaptable design allows for diverse uses, from retail shops and restaurants to a private club. While the listing focuses solely on the real estate, separate opportunities exist to acquire the existing wine business, inventory, equipment, and vineyard properties. Investors can choose to purchase the entire estate or select individual assets. This landmark property offers an unparalleled chance to establish a new wine brand or revitalize an existing one. The price per square foot is $635.95.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Paso Robles
- County
- San Luis Obispo
- State
- California
- Longitude
- -120.687
- Latitude
- 35.6203
- CBSA code
- 42020
- CBSA name
- SAN LUIS OBISPO-PASO ROBLES, CA METROPOLITAN STATISTICAL AREA