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Key Details
Sold Price $735,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 2,500 sqft
Price per Sqft $294
MLS Listing ID PI23044907
Sold Date 05/26/23
HOA Y/N No
Year Built 1972
Lot Size 9,374 Sqft
Property Description
A fantastic live/work opportunity, unlike anything else currently available. This 2,500 sq ft commercial property, is solidly-built, and structurally sound. It was recently approved by the County and Coastal Commission as live-work space. The next step is building permits with your specifications. The location has great walkability to nearby retail and restaurants. The 9,375 sq foot lot offers ten parking spaces, including one handicapped. A private garden was in the approved plans. From front to back, the interior is 100 feet, and, with the nine-foot ceilings, offers a huge volume of flexible space. Approved plans include an additional room on top and a roof deck, with sweeping views toward the Ocean, Morro Bay, and the Valley. The front has established, drought-resistant landscaping. The space has rooms built in, with two kitchenettes and three half bathrooms. There are three electric meters on the property. Current approved plans are for converting the existing footprint into a 3062 square foot, 2 story mixed use building, with 50% for a gallery, and the rest for residential use, including the 562 sq foot second story addition as part of the residential unit. Some usages may require additional County permits. If you can imagine owning a well-appointed ranch-style residence in the heart of Los Osos, with 360-degree views from the roof, then this project is for you.
Location
State CA
County San Luis Obispo
Area Osos - Los Osos
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Cooling None
Fireplace No
Laundry None
Exterior
Utilities Available Cable Available, Natural Gas Available, Phone Available, Sewer Connected, Water Connected
Building
Lot Description Landscaped, Near Public Transit
Water Public
Others
Tax ID 038652044
Acceptable Financing Conventional, 1031 Exchange
Listing Terms Conventional, 1031 Exchange
Financing Cash
Special Listing Condition Standard
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Bought with Todd Martincello • eXp Realty of California, Inc
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Crystal Trammell
REALTOR® | Mortgage Broker | License ID: 02147605
REALTOR® | Mortgage Broker License ID: 02147605