This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/60
525 Riverside Avenue, Paso Robles, CA 93446
$8,600,000
525 Riverside Avenue, Paso Robles, CA 93446View this property at 525 Riverside Avenue, Paso Robles, CA 93446
525 Riverside AvenuePaso RoblesCA93446
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/60
Property Description
A high-profile location makes this Paso Robles winery especially attractive to investors with ambitious vision. Historic and inspiring, the 1.18 acre property features an iconic building from 1922 that's been meticulously restored in recent years. The 13,523 sq. ft. space includes offices, restrooms, and flexible event areas-along with patio seating for 120+ guests.
Permitted for wine production (up to 20,000 cases annually), the winery has a generous 3,864 sq. ft. crush pad equipped for anything. The building offers limitless potential from shops and restaurants to a private club. Breathtaking views and close proximity to downtown only add to the allure.
While this offering is exclusively real estate, there is an opportunity to purchase the wine business, inventory, equipment, and vineyard properties separately. Investors may choose the entirety or select assets as desired.
A rare invitation to introduce your wine brand or reinvigorate an existing business, this landmark Paso Robles property is truly extraordinary.
Full Property Details
Full Property Details for 525 Riverside Ave
General
- Price: $8,600,000
- Status: Active
- Type: Commercial
- MLS ID: NS24051962
- Updated: 5/15/2024
- Days on Market: 73 days
- Added to Site: 74 day(s) ago
Interior
- Laundry Facilities: Yes
Rooms
Other Rooms
- Laundry: See Remarks
Location
- County: San Luis Obispo
- Driving Directions: Access Riverside Ave from 10th Street and travel south.
Structural Information
- Entry Floor Number: 1
- Stories/Levels: 1
- Building Size: 13523
- Square Feet: 13,523
- Year Built: 1922
Lot Features
- Lot Size (Acres): 1.18
- Useable Acres: 1.18
- Lot Size (Sq. Ft.): 51,400
- Lot Size Source: Assessor
- Lot Features: Agricultural - Vine/Vineyard, Landscaped, Park Nearby
- Lot Description: Agricultural (Vine/Orchard), Landscaped, Park Nearby
Financial Considerations
- Price Per Sq. Ft.: $635
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
- Property ID: 9268009
Listed by Vineyard Professional Real Estate, JennyHeinzen and PeteClark
Get Pre-Approved Today
Schools
Schools serving 525 Riverside Ave
School District:Paso Robles Joint Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
401 17th St, Paso Robles, CA 93446 | K-5 | 0.9 mi | |
2405 Spring St, Paso Robles, CA 93446 | 6-8 | 1.4 mi | |
801 Niblick Rd, Paso Robles, CA 93446 | 9-12 | 0.9 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 525 Riverside Ave
Date
Details
Price
Change
Source
3/14/2024
Listed
$8,600,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 525 Riverside Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$74,672
2%
$6,694,170
2%
2022
$73,562
2%
$6,562,913
2%
2021
$72,307
1%
$6,434,229
1%
2020
$71,323
1%
$6,368,255
2%
2019
$70,312
1%
$6,243,388
2%
2018
$69,355
6%
$6,120,970
2%
2017
$65,215
2%
$6,000,952
2%
2016
$63,937
7%
$5,883,287
9%
2015
$59,493
321%
$5,412,424
2%
2013
$14,117
—
$5,306,403
308%
2013
$14,117
—
$1,300,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 525 Riverside Ave
525 Riverside Avenue, Paso Robles, CA 93446 (MLS# NS24051962) is a Commercial property. 525 Riverside Avenue is currently listed for $8,600,000 and was received on March 14, 2024. Want to learn more about 525 Riverside Avenue? Do you have questions about finding other Commercial real estate for sale in Paso Robles? You can browse all Paso Robles real estate or contact a Coldwell Banker agent to request more information.