Listed by Colliers - San Luis Obispo, California
$4,600,000
1390 Walker
Details
APN 002505005
Property Type Land
Sub Type Lots/Land
Acreage 1.100
Zoning CS - Commercial Service
Last Major Downtown SLO Infill Site 1.1 Acres | 3 Parcels Approved 49 Residential Units | Commercial
Marketing 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.
Investment highlights
» 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.
Listing Contacts
Listed by Colliers - San Luis Obispo, California
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Zoning
C-S CommercialSpecial CommercialService Commercial
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