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Listed by Preston Thomas, DRE #01378821 • Colliers Tingey International Inc.
$ 4,600,000
Est. payment | /mo
1 Sqft Lot
$ 4,600,000
Est. payment | /mo
1 Sqft Lot
Key Details
Property Type Vacant Land
Sub Type Other Residential Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSC26047488
Lot Size 1 Sqft
Property Sub-Type Other Residential Land
Source California Regional MLS
Property Description
Prime Infill Opportunity in Downtown San Luis Obispo. One of the last largest remaining infill sites in Downtown SLO. This 1.1-acre site combines three adjacent Commercial Service-zoned lots for rare large scale potential in a high-demand area. City-approved for a 4-story, 49-unit residential apartment/condo project (with on-site parking), plus an existing 1,420 sq ft commercial building (with approved 770 sq ft addition). Residential and commercial components can be purchased together or separately. » Rare scale & scarcity - Largest undeveloped infill site left anywhere in Downtown SLO; few (if any) comparable sites left. » Prime southern Downtown location - Easy freeway/south county access, steps from vibrant core shops, restaurants, and amenities. » City Approved - Existing entitlements for 49-unit high density residential reduce risk and speed timelines. » High-value residential focus - Final large-scale chance to add significant housing in a downtown top California coastal market. » Possibility for Assisted Living.
Location
State CA
County San Luis Obispo
Area Slo - San Luis Obispo
Zoning LZ,PRKG
Exterior
View None
Building
Water District - Public
Others
Tax ID 002505005
Special Listing Condition Not Applicable
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