Sold
1109 Kendall Road
San Luis Obispo CA, 93401
$3,400,000
$75.07 per sqft
Sold
45,291 sqft
Commercial
Listed by Louie Gregorio with Gregorio, Louie - Broker 661-599-2247
Unimproved commercial parcel. Lot line adjustments have reconfigured the parcels to be 2 parcels (Current map attached) - corner parcel at 2.53 gross acres and interior parcel at 1.5 gross acres. Owner in process of trying to get the parcel map corrected with the County of SLO. Property is currently in the County of SLO, with annexing into the City of SLO currently in process. Check allowed uses with both depending on time frame to develop. Currently approved entitlements for building (attached file) is for a 2 story office use building consisting of 45291 square feet and parking ratio at 5 per 1000 feet. CS zoning allows for different uses in the County versus the City of SLO. Broker/Owner will consider options - build to suit, build and partial sale to a user, carry partial note with substantial down, build for a tenant to lease and future sale, etc. Broker/owner is open to other considerations and uses (if approved by the County or City of SLO - depending on final annexation). Property is owned F/C and can finance building of this project for an end user. Submit any requests for sellers consideration. Sale of both properties must be contingent on Seller finding a replacement property and completing a 1031 exchange. Details in private remarks for Brokers.
SP20078936
MLSⓇ ID
April 24, 2020
Listed
March 23, 2024
Updated
Map
1109 Kendall Road
San Luis Obispo CA, 93401
Interior Features
Laundry Description
None
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
4.03 Acres
Lot Features
2-5 Units/Acre, Corner Lot, Street Level
Other Property Details
Area Name
SLO - San Luis Obispo
Days on Market
543
Garage
No
View
No
County
San Luis Obispo
Water Source
Private
Pool
No
Zoning
CS
Buyer Agency Compensation
2%
Listing History
Date | Event | Price |
---|---|---|
5/18/2023 | Sold | $3,400,000 |
Listing Contact: 661-599-2247
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/23/2024. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 3/23/2024 at 1:21 AM UTC