$2,525,000
$3,250,000
22.3%For more information regarding the value of a property, please contact us for a free consultation.
0.51 Acres Lot
SOLD DATE : 08/29/2022
Key Details
Sold Price $2,525,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision San Luis Obispo(380)
MLS Listing ID PI21187753
Sold Date 08/29/22
HOA Y/N No
Lot Size 0.510 Acres
Property Description
Rare and exciting development opportunity in Downtown San Luis Obispo. This ½ acre parcel, zoned Commercial Downtown, is entitled for 36 residential apartment units known as the Creamery Lofts. The property is ideally located behind the newly renovated Creamery Marketplace. Entitlement plan set, design development plan set, and an extensive due diligence package are available for qualified buyers to review. The property is within walking distance of Thursday night Farmer's Market and the incredible assortment of Downtown shopping and restaurants. Properties like this rarely come available. You won't want to miss this opportunity to own and develop a piece of history in Downtown San Luis Obispo.
Location
State CA
County San Luis Obispo
Area Slo - San Luis Obispo
Zoning CD
Interior
Fireplace No
Exterior
Community Features Urban
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
View Y/N Yes
View City Lights, Mountain(s)
Building
Lot Description Flag Lot, Street Level
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 002402048
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash
Special Listing Condition Standard
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Bought with Aaryn Abbott Abbott | Reed Inc.
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Broker Associate | Lic# 01905244