1142 Montalban ST Active Save Request In-Person Tour Request Virtual Tour
San Luis Obispo,CA 93405
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 1,208 sqft
Price per Sqft $1,241
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
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
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