Seller Financing
Address
1109 Kendall Road San Luis Obispo, CA
Price
$ 3,590,000
Property Attributes
  • MLS#SP20078936
  • TypeCommercial
  • CountySAN LUIS OBISPO
  • CitySan Luis Obispo
  • AreaSan Luis Obispo
  • Zip93401
  • StyleOffice
  • Price$ 3,590,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size4.03 Acres
Listing Provided Courtesy Of:
Louie Gregorio with Gregorio, Louie - Broker.
Data Source:
CRMLS
Property Description

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.

Price History
4/24/2020 Listed $4,380,000
5/12/2020 3% - $4,250,000
6/17/2020 6% - $3,995,000
8/11/2020 3% - $3,895,000
9/11/2020 3% - $3,795,000
10/23/2020 4% - $3,650,000
12/7/2020 2% - $3,590,000

General Features

Additional Parcels Y/N Yes
Listing Agent Louie Gregorio - BRE#00862997
Listing Agent State License 00862997
MLS Area SLO - San Luis Obispo
Property Sub Type Additional Office
Property SubType Office
Property Type Commercial Sale
Special Listing Conditions Standard
Terms Cash, Cash to New Loan, 1031 Exchange, Owner May Carry, Private Financing Available
Utilities Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available
Water Sewer Expense 6161
Zoning CS

Interior Features

Laundry Features None

Exterior Features

Lot Dimensions 175, 546
Lot Features 2-5 Units/Acre, Corner Lot, Street Level
Lot Size Acres 4.03
Lot Size Area 175546.8
Lot Size Source Survey
Lot Size Square Feet 175547
Lot Size Units Square Feet
Water Source Private

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 93401

Price
AVG $110K
$3.59M
Visits
AVG 44
28
Walkscore
AVG 73
16
Data Provided by Walkscore ® not using MLS data

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