$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 CableAvailable, ElectricityAvailable, NaturalGasAvailable, PhoneAvailable, SewerAvailable, WaterAvailable
View Y/N Yes
View CityLights, Mountains
Building
Lot Description FlagLot, StreetLevel
Sewer PublicSewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 002402048
Acceptable Financing CashtoNewLoan
Listing Terms CashtoNewLoan
Financing Cash
Special Listing Condition Standard
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Bought with Aaryn Abbott • Abbott | Reed Inc.
GET MORE INFORMATION
Broker Associate | Lic# 01968754
kristen@richardsonproperties.com
711 Tank Farm Rd Ste 100 San Luis Obispo, CA, 93401