Here is your opportunity to purchase a fully entitled mixed use hotel facility. This property currently includes 17 extended stay units and first floor commercial space on approximately one half acre of commercial-tourist zoned space in downtown San Luis Obispo. While the property was approved as an extended stay facility, existing zoning also allows the project to be built as six salable loft units, plus 11 extended-stay hotel units, and ground floor commercial lease space. This and other alternative uses may be explored at the Buyer's expense with the City. 22,499 square feet of undeveloped land near Downtown San Luis Obispo, Cal Poly, and Highway 101.

  • MLS# SP18140452
  • Sub-Type Resale
  • Status Active
  • Days On Site 155
Zoning CT
Property View Yes
Listing Provided By:
Matt Sansone  of  Central Coast Realty Group
 
Render of approved project
 
 
this listing $1,395,000
75.09%
$796,750 in 93405
this listing 155 on site
154.10%
61 on site in 93405

Location

State CA
County San Luis Obispo
City San Luis Obispo
Zip Code 93405
Area SLO - San Luis Obispo

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