CA > San Luis Obispo
San Luis Obispo, CA 93401,1109 Kendall RD
Tari Haberfield
Tari Haberfield

Agent | SCKELLWILL01918524

+1(805) 234-6882

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$ 3,400,000

$ 3,590,000 5.3%

Est. payment /mo
Sold on 04/18/2023

1109 Kendall RD San Luis Obispo, CA 93401

4.03 Acres Lot

UPDATED:

Key Details

Sold Price $3,400,000

Property Type Commercial

Sub Type Office

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SP20078936

Sold Date 04/18/23

HOA Y/N No

Lot Size 4.030 Acres

Lot Dimensions Survey

Property Sub-Type Office

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.

Location

State CA

County San Luis Obispo

Area Slo - San Luis Obispo

Zoning CS

Interior

Fireplace No

Laundry None

Exterior

Utilities Available Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available

Building

Lot Description 2-5 Units/Acre, Corner Lot, Street Level

Water Private

Others

Tax ID 076512022

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange, Owner May Carry, Private Financing Available

Listing Terms Cash, Cash to New Loan, 1031 Exchange, Owner May Carry, Private Financing Available

Financing Cash

Special Listing Condition Standard

Lease Land No

CRMLS – RECore
Listed by Louie Gregorio Gregorio, Louie - Broker
Bought with Louie Gregorio Gregorio, Louie - Broker
agent

Tari Haberfield

Agent | SCKELLWILL01918524

+1(805) 234-6882

GET MORE INFORMATION

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Phone*
Message
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