6
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$4,600,000
Est. payment /mo
1.1 Acres Lot
Pending
1390 Walker San Luis Obispo, CA 93401
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Key Details
Property Type Vacant Land
Listing Status Pending
Purchase Type For Sale
Subdivision San Luis Obispo(380)
MLS Listing ID SC26047488
HOA Y/N No
Lot Size 1.100 Acres
Property Description
Prime Infill Opportunity in Downtown San Luis Obispo.
One of the last largest remaining infill sites in Downtown SLO.
This 1.1-acre site combines three adjacent Commercial Service-zoned lots for rare large scale potential in a high-demand area. City-approved for a 4-story, 49-unit residential apartment/condo project (with on-site parking), plus an existing 1,420 sq ft commercial building (with approved 770 sq ft addition). Residential and commercial components can be purchased together or separately.
» Rare scale & scarcity — Largest undeveloped infill site left anywhere in Downtown SLO; few (if any) comparable sites left.
» Prime southern Downtown location — Easy freeway/south county access, steps from vibrant core shops, restaurants, and amenities.
» City Approved — Existing entitlements for 49-unit high density residential reduce risk and speed timelines.
» High-value residential focus — Final large-scale chance to add significant housing in a downtown top California coastal market.
» Possibility for Assisted Living.
One of the last largest remaining infill sites in Downtown SLO.
This 1.1-acre site combines three adjacent Commercial Service-zoned lots for rare large scale potential in a high-demand area. City-approved for a 4-story, 49-unit residential apartment/condo project (with on-site parking), plus an existing 1,420 sq ft commercial building (with approved 770 sq ft addition). Residential and commercial components can be purchased together or separately.
» Rare scale & scarcity — Largest undeveloped infill site left anywhere in Downtown SLO; few (if any) comparable sites left.
» Prime southern Downtown location — Easy freeway/south county access, steps from vibrant core shops, restaurants, and amenities.
» City Approved — Existing entitlements for 49-unit high density residential reduce risk and speed timelines.
» High-value residential focus — Final large-scale chance to add significant housing in a downtown top California coastal market.
» Possibility for Assisted Living.
Location
State CA
County San Luis Obispo
Area Slo - San Luis Obispo
Zoning CS - Commercial Service
Interior
Fireplace No
Exterior
Community Features Street Lights, Sidewalks
View Y/N No
View None
Building
Lot Description Corner Lot, Lot Over 40000 Sqft
Water Public
New Construction No
Others
Senior Community Yes
Tax ID 002505005
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
Lease Land No
Listed by Preston Thomas Colliers Tingey International Inc. preston.h.thomas@colliers.com, DRE #01378821
NEARBY SCHOOL & BUSINESS
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