1142 Montalban Street San Luis Obispo CA 93405 MLS #PI24167425

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.

Property Details

Price:
$1,500,000
MLS #:
PI24167425
Status:
Active
Baths:
0
Address:
1142 Montalban Street
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
slosanluisobispo
City:
San Luis Obispo
Listed Date:
Aug 13, 2024
State:
CA
ZIP:
93405
Year Built:
1910

Schools

Interior

Cooling
None
Heating
Wall Furnace

Exterior

Electric
Standard
Fencing
Wood
Parking Spots
2.00
Roof
Composition, Shingle
Stories Total
3
Water Source
Public

Financial

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

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Full-time Real Estate Broker, sold 1100+ Properties in SLO and SBC County. 38 years of local real estate knowledge and experience. I understand each sale is about you and your goals. I know as we get older, we don’t have time to make up for any mistakes especially when it comes to one the most significant investments. I care about my clients and work very hard to share my knowledge and protect you along the way. I place the appropriate verbiage in the listing and listing agreement depending …

More About JoAnn
1142 Montalban Street
San Luis Obispo, CA