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.
| MLS # | SC26025867 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 199 |
| Listing Provided By | Colliers Tingey International Inc. | Preston Thomas |
| SQ Feet | 1,400 |
|---|---|
| Story(s) | 4 |
| Acreage | 1.10 |
| Lot Features | Corner Lot, Lot Over40000Sqft |
|---|
| State | CA |
|---|---|
| County | San Luis Obispo |
| City | San Luis Obispo |
| Zip Code | 93401 |
| Area | SLO San Luis Obispo |
| Listing VS Median (in 93401) | |
Price: $4,600,000 low | high Med: $1,549,500 sqft: 1,400 low | high Med: 1,868 $ / sqft: $3,286 low | high Med: $891 On site: 199 low | high Med: 12 | |
| State | CA |
|---|---|
| County | San Luis Obispo |
| City | San Luis Obispo |
| Zip Code | 93401 |
| Area | SLO San Luis Obispo |
| Listing VS Median (in 93401) | |
Price: $4,600,000 low | high Med: $1,549,500 sqft: 1,400 low | high Med: 1,868 $ / sqft: $3,286 low | high Med: $891 On site: 199 low | high Med: 12 | |
![]() | $1,550,0001131 BroadSan Luis Obispo, CA 93401 |