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$4,600,000
Est. payment /mo
1.1 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Pending
Purchase Type For Sale
Subdivision San Luis Obispo(380)
MLS Listing ID SC26047488
Lot Size 1.100 Acres
Property Sub-Type Lots/Land
Property Description
Prime Infill Opportunity in Downtown San Luis Obispo. One of the last largest remaining infill sites in Downtown SLO. This 1.1-acre site combines three adjacent Commercial Service-zoned lots for rare large scale potential in a high-demand area. City-approved for a 4-story, 49-unit residential apartment/condo project (with on-site parking), plus an existing 1,420 sq ft commercial building (with approved 770 sq ft addition). Residential and commercial components can be purchased together or separately. Rare scale & scarcity Largest undeveloped infill site left anywhere in Downtown SLO; few (if any) comparable sites left. Prime southern Downtown location Easy freeway/south county access, steps from vibrant core shops, restaurants, and amenities. City Approved Existing entitlements for 49-unit high density residential reduce risk and speed timelines. High-value residential focus Final large-scale chance to add significant housing in a downtown top California coastal market. Possibility for Assisted Living.
Location
State CA
County San Luis Obispo
Direction Downtown SLO
Interior
Fireplace No
Exterior
View Y/N No
Others
Senior Community No
Restrictions Other/Remarks
Tax ID 002505005
Acceptable Financing Cash
Listing Terms Cash
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Listed by Preston Thomas, DRE#01378821 Colliers Tingey International Inc.
Nearby Locations
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