Listed by Louie Gregorio, Gregorio, Louie - Broker,

1109 Kendall Road

San Luis Obispo, CA, 93401

$3,590,000

$79 per ft²
$3,590,000
$79 per ft²
Pending
Pending
 - For Sale
carpenters-square
45,291 ft²
property_type
Commercial
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.
MLS® ID:
SP20078936
Listed:
4/23/20
Updated:
10/6/22

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Laundry Description
None

Exterior/Building Features

Lot Size
4.03 acres lot
Lot Details
2-5 Units/Acre, Corner Lot, Street Level

Other Property Details

Area Name
SLO - San Luis Obispo
Garage
No
Parking
N
View
N
County
San Luis Obispo
Utilities
Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available
Water Source
Private
Pool
No
Zoning
CS

Property History

Date
Event
Price
Value
4/14/22
Pending
-
-
2/9/22
Active Under Contract
-
-
10/19/21
Pending
-
-

 

Courtesy of Gregorio, Louie - Broker, Louie Gregorio,
Listing Contact:  

Based on information from California Regional Multiple Listing Service, Inc. as of 10/6/22. 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, 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.

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