150 Hinds, Ave, Pismo Beach, CA 93449
LENDER OWNED; SUBJECT TO BK COURT APPROVAL and OVERBID; ADDENDUM TO ACCOMPANY ALL OFFERS; PROPERTY SOLD AS IS. INTERESTED PARTIES MUST SUBMIT AN OVERBID NOT LESS THAN $3,150,000 ON A SPECIAL FORM OBTAINED FROM LISTING AGENT NO LATER THAN 2/9/15 ALONG WITH CASHIER'S CHECKPAYABLE TO ESTATE FINANCIAL, INC IN AMOUNT OF $94,500. INCREMENTS THEREAFTER SHALL BE $10,000. The subject site features approximately 0.63 retail/commercial acreageallowing for hotel/motel use. The property is located in downtown Pismo Beach adjacent to the famous Pismo Pier. The subject property is located at 150 Hinds Avenue. The site is bounded onthe northwest by Hinds Avenue, on the northeast by new residential/timeshareconstruction, on the southeast by a continuation of the onsite use and on thesouthwest by the Pismo Beach Boardwalk and Pismo State Beach. The subject site features beach frontage and stunning view of the Pacific Ocean. The subject site is currently zoned C-1 according to the City of Pismo Beach which will allow for Retail Commercial Uses. Hotel and Motel Use will only require a conditional use permit (CUP) ratherthan a rezone.
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