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Rare opportunities like this are becoming increasingly difficult to find in Downtown Paso Robles. Offering exceptional visibility and a prime location within the IRS Qualified Opportunity Zone, this commercially zoned parcel (RSC – Riverside Corridor) presents a wide range of potential uses including retail, service, office, lodging, and residential opportunities. Whether you envision a mixed-use development, boutique lodging, office space, retail sales, winetasting, manufacturing, warehousing or an investment designed to capitalize on Paso Robles’ continued growth, the flexibility of the zoning opens the door to numerous possibilities. In addition, investors may benefit from the potential tax advantages associated with Opportunity Zone investments, making this offering even more compelling (buyer to consult tax professional). The property currently includes an 800± sq. ft. home and a 900± sq. ft. garage that may offer potential for restoration or adaptive reuse, or create a blank slate to redevelop and maximize the site’s full potential. A unique opportunity to invest, develop, and be part of the future of one of the Central Coast’s most vibrant downtown communities.

Highlights

  • Commercial Sale
  • Mixed Use
  • Built in 1920
  • 0.1607 Acre Lot
  • 156 days on Market

  • Year Built
    1920
  • Stories
    1.0
  • Construction Materials
    Wood Siding, Stucco
  • Cooling
    None
  • Heating
    None

  • Acres
    0.1607
  • Lot Features
    Street Level
  • Utilities
    Cable Available, Electricity Available, Natural Gas Available, Sewer Connected, Water Connected, Phone Available
  • Water
    Public


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Frequently Asked Questions

How do I schedule a tour of 1615 Riverside?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 1615 Riverside.

They know commercial sales in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 1615 Riverside?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $425,000. We can talk through recent upgrades, potential seller motivation, how this mixed use compares to others in Paso Robles, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 1615 Riverside?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 1615 Riverside at around $2,419. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 1615 Riverside?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in San Luis Obispo County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 1615 Riverside?

In most cases, yes. Whether 1615 Riverside is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Paso Robles's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 1615 Riverside?

We can handle that for you. Our preferred local agent specializes in commercial sales in Paso Robles and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $425,000 with 884 sqft of space—that comes out to approximately $481 per square foot.

How long has this property been on the market?

1615 Riverside was listed on June 06, 2026, which means it's been on the market for 156 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1920, making it approximately 106 years old.

What is the lot size of this property?

1615 Riverside sits on a 0.16-acre lot, which is 6,970 square feet.

Is 1615 Riverside still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Based on information from California Regional Multiple Listing Service as of November 09, 2026 at 09:14AM All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. This information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Last Updated: November 09, 2026 at 09:14AM | Source: California Regional Multiple Listing Service | MLS#: NS26123333