1470 Mission St, San Miguel

Ideal mixed-use investment opportunity in downtown San Miguel, just north of Paso Robles wine country. This newer three-unit property features over 2,700± SF of commercial space at street level plus two spacious 1,200± SF 2-bdrm, 2-bath upstairs apartments with open floor plans, high ceilings, indoor laundry, generous storage, and even private balconies. Fully occupied with long-term tenants generating over $5,000/month. The property also offers excellent owner-user potential, as existing leases are now all month-to-month. The building includes a full fire sprinkler system and brand-new HVAC units (installed in 2026). Located only blocks away from the historic Mission San Miguel, and less than a mile from a sizeable new residential development. Offered at a fraction of today’s replacement cost.