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$4,499,000
894 Monterey, San Luis Obispo, CA 93401
0 Beds
0 Baths
9,992 sqft

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Extremely rare opportunity to purchase a commercial building in the heart of downtown San Luis Obispo, that also has parking. The property is ground floor retail and second floor office. The city has indicated a 3rd floor of residential units could be added to the building. Also if desired the property could also be extended out over the parking lot without an issue due to two large parking structures being within a block. The ground floor units are 888 and 894 Monterey, the second floor offices and the buildings primary address is considered 890 Monterey.
  • Price:
  • $4,499,000
  • Square Footage:
  • 9,992
  • Acreage:
  • 0.17
  • Listing ID #:
  • SC21241917
  • Street Address:
  • 894 Monterey
  • City:
  • San Luis Obispo
  • State:
  • California
  • Postal Code:
  • 93401
  • County:
  • San Luis Obispo
  • Community:
  • San Luis Obispo
  • Listing Status:
  • Pending
  • Listing Type:
  • Commercial Sale
  • Total # Of Buildings:
  • 1
  • Total Building Square Footage:
  • 9992
  • Net Operating Income:
  • 184988
  • Operating Expense:
  • 61662
  • Lot Features:
  • 36-40 Units/Acre, Near Public Transit, Paved
  • Lot Size:
  • 7518
  • Lot Square Footage:
  • 7518
  • Days On Market:
  • 194
  • On Market Date:
  • 2021-11-04
  • Originating Mls:
  • Crmls
  • Terms:
  • Cash, Cash To Existing Loan
  • Parking Spaces:
  • 6
  • Uncovered Parking Spaces:
  • 6
  • Existing Water:
  • Public
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Agent Kevin King with King Properties
  • CACRMLS

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