This is a rare opportunity to acquire two completed commercial lots, perfectly positioned near Downtown Templeton and Highway 101. The property has recently undergone a lot split, creating two highly-desirable sized lots with water units suitable for owner-users and investors. These lots are ideal for a range of development possibilities, including medical, professional offices, retail establishments, or mixed-use projects.Development Potential: Current approvals for an 18,000 SF office/retail/residential project. Among other options, preliminary studies indicate that a 10,000 SF medical or office building can be constructed on Parcel 1, and an 8,000 SF medical or office building on Parcel 2, or build your own custom building. Lots with allocated water units, and complete off-site improvements are a rarity in Templeton. Special incentives include no traffic improvement fees and a stormwater retention waiver. Includes approved building plans, for an 18,000 SF mixed use project, that are ready-to-develop.Seller financing may be available!
SC23217378
Land, Other
San Luis Obispo
1.52
Acres
Public
TempEast(90)
Exterior / Lot Features
- Parking
- 0 Covered Parking Spaces.
- Zoning
- REC
- Additional Exterior/Lot Features
- Lot Over 40000 Sqft,Street Level.
Financial Considerations
040216001
Cash, Cash to New Loan, Owner May Carry
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