188
55
0
30

REMARKS:

The property can be purchased with OWNER FINANCING! Owner will provide up to 50% of financing to qualified Buyer. The property has unique architectural lines and function. The outstanding location offers tenants an easy access to multiple ethnic restaurants, a micro brewery and a range of services and retail outlets. This mixed-use development might be ideal for an owner user. Enjoying the approximately $100,000.00 in income from the 8 spacious apartments annually. These units are governed by a Deed restricting rents based on a City of San Luis Obispo mandate. The commercial/retail space can be demised into 4 or more "FOR SALE" condos, thus adding VALUE. This location would be ideal for for engineers, architects, legal, real estate or other professional service companies.New updated information. The Commercial building will be re- entitled into Commercial Condos by Seller. The new entitlements may include up to 6 MARKET RATE commercial condos. Great income producer to new Buyer. Buyer to confirm new entitlements when available from Above Grade Engineering and SLO Planning Dept. To be submitted in June to Planning Dept.

OVERVIEW:

Commercial Sale
Active
SLO - San Luis Obispo
25000
0.57
Other, Steel, Stucco
Metal
Forced Air
Central
Public
Cable Available
Level with Street, Lot Shape-Rectangular

FEATURES:

Fire Sprinklers

FINANCIAL:

3240000

Broker Reciprocity Courtesy of Central Commercial Group

 

Based on information from California Regional Multiple Listing Service, Inc. as of 09/17/2018. 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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