1142 Montalban ST Active

San Luis Obispo,CA 93405

$ 1500000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID PI24167425

Year Built 1910

Lot Size 8,193 Sqft

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 Common Area

Exterior

Fence Wood

Utilities Available Cable Connected,Electricity Connected,Natural Gas Connected,Phone Available,Sewer Connected,Water Connected

Roof Type Composition,Shingle

Building

Lot Description Back Yard,Front Yard

Story 3

Water Public

Others

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

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