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1109 Kendall RoadSan Luis Obispo, CA 93401Sale Price: $3,400,000

  • Sale Price: $3,400,000
  • 162 Days Since Sale
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Federal 30-year interest rate: 7.19% last updated on Sep 21, 2023
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This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $3,590,000List Price
  • 4.03Acreage
Unimproved commercial parcel. Lot line adjustments have reconfigured the parcels to be 2 parcels (Current map attached) - 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.
Listed by Louie Gregorio of Gregorio,Louie - Broker

Listing Sold by Gregorio, Louie - Broker

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Based on information submitted to CRMLS as of September 27, 2023 5:56 AM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Property Details

Property Details of 1109 Kendall Road

Property Details

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