Downtown Historic Santa Margarita the end of the line - last depot station south in early 1900's. From here it was a dusty stage ride over the grade to SLO! Today road construction has improved The Grade and Santa Margarita's fame for end of the line has run its course but today this 1900's construction is available for sale, with plans for apartment commercial improvements. Buy this property as is and fix it to your desired turn of the century style! Bonus you get this older Commercial Retail (3 Units) Buildings With Multi-family.  Established Leases Provide Good Income. Excellent Service Record To Downtown Santa Margarita. Please do not disturb Occupants of businesses or tenants for information contact your real estate professional.