Commercial / Residential mixed use development opportunity in San Luis Obispo! This pre-planned mixed use development in downtown San Luis Obispo offers substantial income potential with 5 units to be built (2 commercial, 2 residential + ADU) within 1 mile walking/biking/transportation of Cal Poly campus San Luis Obispo. Current building on property is 1208 sq ft 2bed/1 bth home built 1910 and is rented until 1/31/2025 allowing for ongoing income as the plans/permits are finalized. Purchase of the property includes existing plans, permits, studies and approvals.
MLS# | PI24167425 |
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Listing Type | For Sale |
Style | Mixed Use |
Sub-Type | Resale |
Status | Active |
Year | 1910 |
Days On Site | 32 |
Listing Provided By | Keller Williams Realty Central Coast 805-773-7777 | Scott Taylor |
SQ Feet | 1,208 |
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Story(s) | 3 |
Zoning | Mixed Complex |
Acreage | 0.19 |
State | CA |
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County | San Luis Obispo |
City | San Luis Obispo |
Zip Code | 93405 |
Area | SLO San Luis Obispo |
Listing VS Median (in 93405) | |
Price: $1,500,000 low | high Med: $1,139,000 SqFt: 1,208 low | high Med: 3,128 $ / SqFt: $1,242 low | high Med: $364 On Site: 32 low | high Med: 1521.000000 |