267 W Tefft Street

Property Overview

Video: https://cdn.skiv.com/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

Home Details

Property type: Land
Lot size: 15,000 sq ft
Days on market: 265
MLS status: Active
Zoning: Commercial Retail

Features & Amenities

Lot

Thirty One To Thirty Five Units Acre

Community, Schools & Utilities

Community

Subdivision: Nipomo(340)
View: Hills

Utilities

Electric: PhotovoltaicsSellerOwned
Water: Public

Location & Neighborhood

Nipomo, CA 93444

Open in Google Maps Open in Apple Maps

Frequently Asked Questions About 267 W Tefft Street

Property type: Land

The current asking price is $849,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.

Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 267 W Tefft Street. Our team will confirm availability and timing.

This property offers the living space reported in the listing. Review the listing details and disclosures, then independently verify material features before making a decision.

The property is in Nipomo, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.

Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Nipomo property.

The MLS currently reports the property as Active. It has been listed for 265 days. Status can change, so verify availability before relying on it.

Crown Coastal

EXPLORE

COMPANY