$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#SP20224291
Listing TypeFor Sale
StyleIQWeb_Office Bldg
Sub-TypeResale
StatusActive
Year1898
Days On Site38

Features

SQ Feet2,068
ZoningOffice

Market Activity 93401

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Area Information
StateCA
CountySan Luis Obispo
CitySan Luis Obispo
Zip Code93401
AreaSLO - San Luis Obispo
Listing VS Median (in 93401)
Price:
$1,275,000
low | high
Med:
$389,000
100% of Average
SqFt:
2,068
low | high
Med:
1,577
73.742746615087% of Average
$ / SqFt:
$617
low | high
Med:
$247
100% of Average
On Site:
38
low | high
Med:
24
100% of Average
Listing Updated: November 29, 2020 10:22:12 PM PST
Lindsey Harn LogoMLS Number: SP20224291
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.