894 Monterey, San Luis Obispo, CA 93401

$4,499,000
List Price
$4,499,000
Status
ACTIVE
MLS#
SC21241917
Lot Size
7,518
Acres
0.17
Lot Location
Item3640UnitsAcre, Near Public Transit, Paved
Days on Market
27
Property Type
Commercial
Property Sub Type
Mixed Use

Property Description

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.

Additional Information

Water
Public
Attached Structure
Detached
Gross Scheduled Income
$246,650
Operating Expense
61662

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Kevin King from King Properties

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.