Skip To Content

1118 Palm Street

San Luis Obispo, CA 93401
  • $1,350,000
  • STATUS: Active Under Contract
  • ON SITE: 44 Days
  • ID#: SC24218713
Under Contract
UPDATED: 28 min ago
$1,350,000
  • 0
    BEDS
  • 0.28
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1898
County:

School Ratings & Info

Listing Agent(s): Erik Berg-Johansen of Richardson Sotheby's International Realty (805-781-6040)


Description

Welcome to 1118 Palm Street in San Luis Obispo, CA! This exceptional property offers a rare opportunity to own a prime piece of downtown real estate, set on an expansive 12,000 square-foot lot. Situated in the versatile Office Zone, this property is ideal for a variety of uses, from a sophisticated office space to a charming residence, or even a combination of both. You may also explore the development of additional homes or apartments in the large area behind the existing home. The property boasts elegant architectural features including large windows, soaring 11-foot ceilings, and distinctive rooflines that enhance its functionality and historic charm. Brass door handles, Douglas Fir floors, artistic lighting fixtures, and a grand fireplace add a touch of quality and uniqueness you wont find in newer construction. The property includes a kitchen area, two bathrooms, and a separate walk in shower room. Elevated above street level, the property provides stunning views of the surrounding mountains and downtown San Luis Obispo. At the rear, youll find a serene sitting area and a large parking lot with 8 onsite spaces. The expansive attic, accessible via staircase, offers ample storage space with the potential to convert into additional office or living areas. Whether you envision creating a Downtown SLO estate with gardens, guest units, and a detached garage/shop, or improving a premium office space, this property presents a unique opportunity. The seller has developed conceptual plans for additional housing units - please inquire for more information. Discover the potential of Palm Street and imagine the possibilities for this remarkable property in the heart of San Luis Obispo.

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-12-06T21:30:30.24. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty Central Coast. Licensed in the State of California, USA.
www.kennyrealestategroup.com/homes/157028026
Print Image

1118 Palm Street San Luis Obispo, CA 93401

  • Price: $1,350,000
  • Status: Active Under Contract
  • On Site: 44 Days
  • Updated: 28 min ago
  • ID#: SC24218713
0
Beds
0
Baths
0
½ Baths
0.28
Acres
1898
Built
Neighborhood:
SLO - San Luis Obispo
County:
San Luis Obispo
Area:
SLO - San Luis Obispo
Property Description
Welcome to 1118 Palm Street in San Luis Obispo, CA! This exceptional property offers a rare opportunity to own a prime piece of downtown real estate, set on an expansive 12,000 square-foot lot. Situated in the versatile Office Zone, this property is ideal for a variety of uses, from a sophisticated office space to a charming residence, or even a combination of both. You may also explore the development of additional homes or apartments in the large area behind the existing home. The property boasts elegant architectural features including large windows, soaring 11-foot ceilings, and distinctive rooflines that enhance its functionality and historic charm. Brass door handles, Douglas Fir floors, artistic lighting fixtures, and a grand fireplace add a touch of quality and uniqueness you wont find in newer construction. The property includes a kitchen area, two bathrooms, and a separate walk in shower room. Elevated above street level, the property provides stunning views of the surrounding mountains and downtown San Luis Obispo. At the rear, youll find a serene sitting area and a large parking lot with 8 onsite spaces. The expansive attic, accessible via staircase, offers ample storage space with the potential to convert into additional office or living areas. Whether you envision creating a Downtown SLO estate with gardens, guest units, and a detached garage/shop, or improving a premium office space, this property presents a unique opportunity. The seller has developed conceptual plans for additional housing units - please inquire for more information. Discover the potential of Palm Street and imagine the possibilities for this remarkable property in the heart of San Luis Obispo.
Exterior Features

Entry Level 1 Fencing Wood Lot Features LandscapedYard Open Parking Spaces 8 Parking Total 8 Roof Composition Sign On Property YN Yes

Interior Features

Cooling Central Air Cooling YN Yes Heating Central Heating YN Yes

Property Features

Additional Parcels YN No Business Type Professional/Office Common Interest None Current Financing Other Electric Standard Land Lease YN No Laundry Features Laundry Closet Lease Considered YN No Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash to New Loan1031 Exchange Number Of Units Leased 0 Property Sub Type Office Special Listing Conditions Standard Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Water Source Public Zoning Office



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-12-06T21:30:30.24. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty Central Coast. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_373520581-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_373520581-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_373520581-2.jpg
Logo
Keller Williams Realty Central Coast
350 James Way
Pismo Beach CA, 93449
Listing Agent(s): Erik Berg-Johansen of Richardson Sotheby's International Realty (805-781-6040)