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
Price:
$1,399,000
MLS #:
PI24167425
Status:
Active
Baths:
0
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
slosanluisobispo
Listed Date:
Aug 13, 2024
Year Built:
1910
See this Listing
Schools
Interior
Cooling
None
Heating
Wall Furnace
Laundry Features
Common Area
Exterior
Construction Materials
Plaster, Stucco
Parking Spots
2.00
Roof
Composition, Shingle
Financial
Map
Community
- Address1142 Montalban Street San Luis Obispo CA
- NeighborhoodSLO – San Luis Obispo
- CitySan Luis Obispo
- CountySan Luis Obispo
- Zip Code93405
Market Summary
Current real estate data for Commercial in San Luis Obispo as of Sep 01, 2025
36
Commercial Listed
394
Avg DOM
$2,302,633
Avg List Price
Property Summary
- 1142 Montalban Street San Luis Obispo CA is a Commercial for sale in San Luis Obispo, CA, 93405. It is listed for $1,399,000 To schedule a showing of MLS#pi24167425 at 1142 Montalban Street in San Luis Obispo, CA, contact your Outland and Associates Real Estate agent at 8054813939.
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