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.
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1.1ACRES
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01/2 BATHS
School Ratings & Info
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.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-10-06T14:33:58.593. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.