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1142 Montalban St 0.19 Acres of Commercial Land Offered at $1,100,000 in San Luis Obispo, CA 93405

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INVESTMENT HIGHLIGHTS

Outstanding Location, Close to Downtown
Great For Owner/User or Investor
Short Term Rental Potential

Final Approval Pending
Flexible Zoning
Close to Cal Poly University

EXECUTIVE SUMMARY

Tremendous Opportunity for the Proposed Mixed Use Project that should have final approval by the end of September. This pre-planned mixed use development in downtown
San Luis Obispo offers a prime location opportunity for a local Owner/User who want a central location with extra income or an investor looking for a project in an amazing prime market. The projects nearing final review, offers income potential with from five units (2 commercial, 3 residential) within walking
distance of downtown SLO and Cal Poly campus. Call Listing agents for more details or to access all the architectural materials and due diligence folder.

PROPERTY FACTS

Price	$1,100,000	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Mixed Use
Sale Condition	Redevelopment Project	Total Lot Size	0.19 AC
No. Lots	1	Year Built	1910
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	CT - Tourist Commercial

Price	$1,100,000
Sale Type	Investment
Sale Condition	Redevelopment Project
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Mixed Use
Total Lot Size	0.19 AC
Year Built	1910
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	CT - Tourist Commercial

1 LOT AVAILABLE

Lot

Price	$1,100,000	Lot Size	0.19 AC
Price Per AC	$5,846,989.60

Price	$1,100,000
Price Per AC	$5,846,989.60
Lot Size	0.19 AC

This pre-planned mixed use development in downtown San Luis Obispo offers substantial income potential with 5 units (2 commercial, 3 residential) within walking distance of downtown SLO and Cal Poly campus.

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