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Listed by Scott A Taylor • Keller Williams Realty Central Coast
$1,399,000
Est. payment /mo
Active
1142 Montalban Street San Luis Obispo, CA 93405
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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID PI-24167425
Year Built 1910
Property Sub-Type Mixed Use
Property Description
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.
Location
State CA
County San Luis Obispo
Area Slo - San Luis Obispo
Zoning Mixed Complex
Interior
Heating Wall Furnace
Cooling None
Laundry Laundry Equipment Own Lease, Common Area
Exterior
Utilities Available Sewer Connected, Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available
Building
Lot Description Front Yard, Back Yard