Santa Margarita, CA 93453,12900 Soda Lake RD
Santa Margarita, CA 93453,12900 Soda Lake RD
Santa Margarita, CA 93453,12900 Soda Lake RD
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$2,300,000
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40 Acres Lot
Active

12900 Soda Lake RD Santa Margarita, CA 93453

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UPDATED:

12/05/2024 05:36 AM

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

"Own the Town " Financing Available from Seller for Qualified Buyer's with strong Offers!!
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

Lease Land No


California Regional MLS (CRMLS)
Listed by Tim Parrish • Country Real Estate, Inc. • 805-610-3593

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Mason Frakes

Broker Associate | License ID: 02036823

+1(805) 260-4860

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12900 Soda Lake RD