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Listing Details

Status
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On Site
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Built
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School Ratings & Info

Description

Unimproved commercial parcel. Currently showing 3 separate parcels with 3 separate APN's. Lot line adjustments have reconfigured the parcels to be 2 parcels - 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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-19T00:26:59.983. 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 deemed reliable but is not guaranteed accurate by the MLS or The Costantino Group | Cal American Homes and Realty. Licensed in the State of California, USA.
www.livelovethefoothills.com/homes/106944890
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1109 Kendall Road San Luis Obispo, CA 93401

  • Price: $3,600,000
  • Status: Active
  • ID#: SP20117175
0
Beds
0
Baths
0
½ Baths
4.03
Acres
Neighborhood:
San Luis Obispo(380)
County:
San Luis Obispo
Area:
SLO - San Luis Obispo
Property Description
Unimproved commercial parcel. Currently showing 3 separate parcels with 3 separate APN's. Lot line adjustments have reconfigured the parcels to be 2 parcels - 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.
Exterior Features

Lot Features Corner LotLot Over 40000 SqftLevelStreet Level Sign On Property YN Yes View Hills View YN Yes

Property Features

Additional Parcels YN Yes Association YN Yes Common Interest Planned Development Community Features FoothillsGutter(S)Storm Drain(S)Street LightsSidewalks Current Financing None Land Lease YN No Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan1031 ExchangeOwner May CarryPrivate Financing Available New Construction YN No Senior Community YN No Special Listing Conditions Standard Utilities Electricity AvailableNatural Gas AvailablePhone AvailableSewer AvailableUnderground UtilitiesWater Available Water Source Private Zoning Cs

Listing provided courtesy of Louie Gregorio of Gregorio, Louie - Broker


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-19T00:26:59.983. 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 deemed reliable but is not guaranteed accurate by the MLS or The Costantino Group | Cal American Homes and Realty. Licensed in the State of California, USA.
 
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The Costantino Group | Cal American Homes and Realty
405 West Foothill Blvd Suite 203
Claremont CA, 91711