$1,275,000

1118 Palm Street

San Luis Obispo CA, 93401

Description

The stunning 19th century architecture of this historic home, showcasing the epitome of Victorian style on a 12,000 sq ft lot, is impossible to miss! Located in a phenomenal location in the heart of downtown San Luis Obispo, this single-level building has impeccable charm and endless opportunities. Currently being used as an office, this property has tons of potential whether you wish to keep it as office, convert back to an amazing residence, or take advantage of the large lot and build an additional unit or two. With tons of parking, amazing views, and stable tenants, what are you waiting for? Office zoning allows for multiple uses including up to 60 percent lot coverage as both residential office or mixed use. At just over 2,000 sq ft, the building offers 5 good sized offices and multiple conference rooms to be utilized as offices or bedrooms. The large attic is perfect for storage or could make a great second story. With the 8 parking spots in the back, it creates a convenient space for employees or tenants for off- street parking. Dont miss the opportunity to own this beautiful historic building used as an office, right downtown SLO!

Details

MLS#SP20224426
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1898
Days On Site36

Features

Bed(s)4
Bath(s) 2 Total
SQ Feet2,068
Story(s)1 Story
Acreage0.28
Property ViewYes

Market Activity 93401

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Area Information
StateCA
CountySan Luis Obispo
CitySan Luis Obispo
Zip Code93401
AreaSLO - San Luis Obispo
Community NameSan Luis Obispo(380)
School DistrictSan Luis Coastal Unified
Listing VS Median (in San Luis Obispo(380))
Price:
$1,275,000
low | high
Med:
$799,000
87.333333333333% of Average
SqFt:
2,068
low | high
Med:
1,954
55.512572533849% of Average
$ / SqFt:
$617
low | high
Med:
$443
78.149067213869% of Average
On Site:
36
low | high
Med:
32.5
100% of Average
Listing Updated: November 27, 2020 10:40:29 PM PST
Lindsey Harn LogoMLS Number: SP20224426
Listing Provided By:
Lindsey Harn  of  Richardson Properties
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.