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Here is your opportunity to purchase a fully entitled mixed use hotel facility. This property currently includes 17 extended stay units and first floor commercial space on approximately one half acre of commercial-tourist zoned space in downtown San Luis Obispo. While the property was approved as an extended stay facility, existing zoning also allows the project to be built as six salable loft units (2-bedroom, 2-bath each), plus 11 extended-stay hotel units, and ground floor commercial lease space. Further uses may be explored at the Buyer's expense with the City. 22,499 square feet of vacant land near Downtown San Luis Obispo, Cal Poly, and Highway 101.

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Hello ,

thought you might be interested in the following property:

1042 Olive Street

San Luis Obispo, CA 93405

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Hello ,

thought you might be interested in the following property:

1042 Olive Street

San Luis Obispo, CA 93405

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1042 Olive Street

San Luis Obispo, CA 93405

[GET DIRECTIONS]


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End: 

1042 Olive Street

San Luis Obispo, CA 93405

$1,825,000

Listed On 12/17/2017

Status: Active

0.52 Acres (PER ASSESSOR)

Listing #SP17277550 (CRMLS MLS)

LONDON PROPERTIES, LTD.

Realtor® / Lic. #00463722

559.436.4071

info@londonproperties.com

Presented By:

London Properties, Ltd.

(559) 436-4071

Email London


[GET DIRECTIONS]

1042 Olive Street

San Luis Obispo, CA 93405

1042 Olive Street

San Luis Obispo, CA 93405

[GET DIRECTIONS]


Presented By:

London Properties, Ltd.

(559) 436-4071

Email London

Presented By:

London Properties, Ltd.

(559) 436-4071

Email London

$1,825,000 0.52 Acres (PER ASSESSOR) Status: Active Listing #SP17277550 (CRMLS MLS) Listed On 12/17/2017

Here is your opportunity to purchase a fully entitled mixed use hotel facility. This property currently includes 17 extended stay units and first floor commercial space on approximately one half acre of commercial-tourist zoned space in downtown San Luis Obispo. While the property was approved as an extended stay facility, existing zoning also allows the project to be built as six salable loft units (2-bedroom, 2-bath each), plus 11 extended-stay hotel units, and ground floor commercial lease space. Further uses may be explored at the Buyer's expense with the City. 22,499 square feet of vacant land near Downtown San Luis Obispo, Cal Poly, and Highway 101.
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General Information
Property Type Lots & Land Price Per Sq. Ft. $81.11
Days On Market/Cumulative Days On Market 117/117 APN 001 112 006
County San Luis Obispo Water Source Public
Directions Olive and Santa Rosa Lot Features 16-20 Units/Acre,21-25 Units/Acre,Lot 20000-39999 Sqft
Community Features Curbs, Sidewalks, Street Lighting, Urban    
Property Type Lots & Land
Price Per Sq. Ft. $81.11
Days On Market/Cumulative Days On Market 117/117
APN 001 112 006
County San Luis Obispo
Water Source Public
Directions Olive and Santa Rosa
Lot Features 16-20 Units/Acre,21-25 Units/Acre,Lot 20000-39999 Sqft
Community Features Curbs, Sidewalks, Street Lighting, Urban

Exterior
Lot Acres (approx) 0.52 (per Assessor) Lot Sq Ft (approx) 22,500 (per Assessor)
View Peek-A-Boo Spa No
Pool No    
Lot Acres (approx) 0.52 (per Assessor)
Lot Sq Ft (approx) 22,500 (per Assessor)
View Peek-A-Boo
Spa No
Pool No

Miscellaneous Data
REO/Bank Owned No    
REO/Bank Owned No

Courtesy of Matt Sansone, Triad Real Estate Group

The data relating to real estate for sale on this web site comes in part from the Internet Data eXchange (IDX) of the Multiple Listing Service. Real estate listings are marked with the IDX logo and detailed information about them includes the name of the listing broker and the name of the listing agent. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Information herein deemed reliable but not guaranteed, representations are approximate, individual verification recommended.

 

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