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1109 Kendall, San Luis Obispo, CA 93401.
Listing Courtesy of:
Gregorio, Louie - Broker
San Luis Obispo
San Luis Obispo
San Luis Obispo(380)
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.
June 17, 2020
East of Broad Street and East of the Airport
Listing Agent State License:
Listing Office State License:
Based on information from California Regional Multiple Listing Service, Inc. as of January 21st, 2021 at 02:43:58AM UTC.
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