About 1142 Montalban Street
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.
Features of 1142 Montalban Street
| MLS® # | PI24167425 |
|---|---|
| Price | $1,100,000 |
| Bathrooms | 0.00 |
| Acres | 0.19 |
| Year Built | 1910 |
| Type | Commercial Sale |
| Sub-Type | Mixed Use |
| Status | Active |
Community Information
| Address | 1142 Montalban Street |
|---|---|
| Area | SLO - San Luis Obispo |
| City | San Luis Obispo |
| County | San Luis Obispo |
| Zip Code | 93405 |
Amenities
| Utilities | Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected |
|---|---|
| Parking Spaces | 2 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Wall Furnace |
|---|---|
| Cooling | None |
| Has Basement | No |
| Fireplace | No |
| # of Stories | 3 |
Exterior
| Exterior | Plaster, Stucco |
|---|---|
| Lot Description | Back Yard, Front Yard |
| Roof | Composition, Shingle |
| Construction | Plaster, Stucco |
Additional Information
| Date Listed | August 13th, 2024 |
|---|---|
| Days on Market | 446 |
| Zoning | Mixed Complex |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Scott Taylor |
|---|---|
| Office | Keller Williams Realty Central Coast |