1142 Montalban Street, San Luis Obispo, CA 93405

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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.


Interior Features

Laundry Information
Location(s) Common Area
Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A
Interior Information
Cooling Type None

Listing Information

Address 1142 Montalban Street
City San Luis Obispo
State CA
Zip 93405
County San Luis Obispo
Listing Agent Scott Taylor DRE #01864709
Courtesy Of Keller Williams Realty Central Coast
List Price $1,500,000
Status Active
Type Commercial
Subtype Mixed Use
Structure Size N/A
Lot Size 8,195
Year Built 1910

Listing information courtesy of: Scott Taylor, Keller Williams Realty Central Coast. *Based on information from the Association of REALTORS/Multiple Listing as of Aug 13th, 2024 at 11:35 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.