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894 Monterey San Luis Obispo, CA

$4,499,000

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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.

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Property Information

  • Address: 894 Monterey, San Luis Obispo, CA 93401. 
  • Price: $4,499,000 
  • MLS #: SC21241917 
  • Listing Courtesy of: King Properties 
  • City: San Luis Obispo 
  • Postal Code: 93401 
  • County: San Luis Obispo 

Other

  • 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. 
  • List Date: November 4, 2021 
  • Status: Pending 
  • Directions: Corner of Monterey and Morro 

Other

  • Listing Agent State License: 01013696 
  • Listing Office State License: 01932713 

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Based on information from California Regional Multiple Listing Service, Inc. as of May 18th, 2022 at 12:35:38PM UTC. 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.