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.
Current real estate data for Commercial in San Luis Obispo as of Oct 02, 2025
35
Commercial Listed
433
Avg DOM
$2,313,319
Avg List Price
Property Details
Price:
$1,399,000
MLS #:
PI24167425
Status:
Active
Baths:
0
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
slosanluisobispo
Listed Date:
Aug 13, 2024
Year Built:
1910
Schools
Interior
Cooling
None
Heating
Wall Furnace
Laundry Features
Common Area
Exterior
Construction Materials
Plaster, Stucco
Parking Spots
2.00
Roof
Composition, Shingle
Financial
Map
Contact Us
Mortgage Calculator
Community
- Address1142 Montalban Street San Luis Obispo CA
- NeighborhoodSLO – San Luis Obispo
- CitySan Luis Obispo
- CountySan Luis Obispo
- Zip Code93405
Subdivisions in San Luis Obispo
Property Summary
- 1142 Montalban Street San Luis Obispo CA is a Commercial for sale in San Luis Obispo, CA, 93405. It is listed for $1,399,000 To schedule a showing of MLS#pi24167425 at 1142 Montalban Street in San Luis Obispo, CA, contact your Outland and Associates / JoAnn Outland agent at 8054417754.
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