$725,000
$635,000
14.2%For more information regarding the value of a property, please contact us for a free consultation.
0.28 Acres Lot
SOLD DATE : 02/10/2022
Key Details
Sold Price $725,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PI21253555
Sold Date 02/10/22
HOA Y/N No
Year Built 1941
Annual Tax Amount $4,319
Lot Size 0.275 Acres
Property Description
Welcome to The Gala Nipomo currently used as a popular event venue. This commercial retail zoned property is in a prime location in Old Town Nipomo. Directly across from infamous Jocko’s restaurant and next door to the Calvary Chapel of Nipomo, there is no shortage of visibility or access to amenities!
There are a multitude of various uses this property can lend itself to, as it is thoughtfully designed with a variety of indoor and outdoor spaces all eloquently decorated. The charmingly rustic chic décor found throughout gives it an authentic feeling of being a long-standing part of the community. The Gala has hosted artist galas, soirees, classes and workshops, sip & paint, makers markets, holiday events, private & corporate fundraising events, brunches, poker nights, bunco, and many other types of entertainment and community events. The annual Old Town Nipomo Christmas Parade ends here at Santa’s Village every year. Additional permitted uses include: commercial, retail spaces, office space. The kitchen includes two industrial refrigerators, a three bay sink with plenty of counter space, and pantry. The open courtyard with rear alley access & gate is also perfect for food trucks during events.
County records reflect 4,300 sq ft total for units A, B & C but there are many more possibilities as Unit A could be split into three spaces and Units B & C could be separated into four spaces. Unit A has a private bathroom and units B & C have a shared access restroom. Most spaces are ADA compliant. The lot size is 12,000 sq ft and accessible from both a front gate at Thompson & rear gate in an alley way. There is also available storage space on site.
The currently operating business can be assumed by new owner. The Gala currently has a large social media following that has been instrumental in building a long list of repeat clients and patrons. A list of beautification upgrades is available upon request. Please contact your agent for viewing. Do not disturb occupants.
Location
State CA
County San Luis Obispo
Area Npmo - Nipomo
Interior
Fireplace No
Laundry None
Exterior
Fence Privacy
Total Parking Spaces 25
Building
Lot Description Rectangular Lot, Street Level
Water Public
Others
Tax ID 090385020
Financing Cash to New Loan
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Michelle Esquivel
michelle@michellehomesellingteam.comOur team is ready to help you sell your home for the highest possible price ASAP
Bought with Shelley Wood • Modern Broker, Inc.
michelle@michellehomesellingteam.com
515 S Myrtle Ave, Monrovia, CA, 91016, USA