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.

Property Features