Active
1118 Palm Street
San Luis Obispo CA, 93401
$1,350,000
$652.80 per sqft
Active
2,068 sqft
Commercial
Built in 1898
Listed by Erik Berg-Johansen with Richardson Sotheby's International Realty 805-538-1828
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 won't 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, you'll 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.
SC24218713
MLSⓇ ID
October 22, 2024
Listed
October 31, 2024
Updated
Map
1118 Palm Street
San Luis Obispo CA, 93401
Interior Features
Total Stories
2
Laundry Description
Laundry Closet
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.28 Acres
Lot Features
Landscaped, Yard
Roof
Composition
Other Property Details
Area Name
SLO - San Luis Obispo
Days on Market
8
Garage
No
Parking Total
8
View
No
County
San Luis Obispo
Water Source
Public
Pool
No
Zoning
Office
Listing History
Date | Event | Price |
---|---|---|
10/30/2024 | Price change | $1,350,000 -7% |
Listing Contact: 805-781-6040
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/31/2024. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.
Data last updated on 10/31/2024 at 11:17 AM UTC