1142 Montalban Street
San Luis Obispo, CA 93405
0.19 acres | #PI24167425
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.
Property Details
- Utility FeaturesCableConnected, ElectricityConnected, NaturalGasConnected, PhoneAvailable, SewerConnected, WaterConnected
- Lot DescriptionBackYard, FrontYard
- CountySan Luis Obispo
- Original List Price$1,500,000
- MLS #PI24167425
- MLS #PI24167425
- Property TypePurchase
- Property SubtypeMixedUse
- Cost1399000
- Acres0.1881
- Utility SourcePublic
- Year Built1910
- Stories3
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Scott Taylor (#PI01864709)
Listing Office: Keller Williams Realty Central Coast (#PI2386)
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