$1,500,000
$1,595,000
6.0%For more information regarding the value of a property, please contact us for a free consultation.
6,529 Sqft Lot
SOLD DATE : 01/24/2022
Key Details
Sold Price $1,500,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SC21132157
Sold Date 01/24/22
HOA Y/N No
Year Built 1941
Lot Size 6,529 Sqft
Property Description
A truly unique art deco mixed-use building located in the heart of San Luis Obispo. The upstairs consists of an immaculate, fully furnished 2 bedroom flat with an expansive outdoor patio, while the ground floor consists of an approximately 2,000 SF commercial space with high ceilings. The ground floor has most recently functioned as a café, art gallery, and performance space. All furnishings and fixtures in the upstairs residence will be included. Each item in the apartment was meticulously chosen to comport with the art-deco architecture. Amenities include custom tile and plumbing fixtures, dimmable lights, and refinished hardwood floors. The residence is a licensed vacation rental with continuous bookings, rave reviews, and super-host status. It can continue to function as a vacation rental or be used as a full-time residence. The property is zoned C-T (Tourist Commercial) which allows for an assortment of retail and hospitality uses on the ground floor. There are conceptual plans to remodel the ground floor into three large hotel suites with a lobby and reception area, if so desired by a new owner. Other options include continuing to use the space as a café, art gallery, or retail space.
Location
State CA
County San Luis Obispo
Area Slo - San Luis Obispo
Interior
Fireplace No
Laundry Upper Level
Building
Lot Description 2-5 Units/Acre
Water Public
Others
Tax ID 001234003
Financing Other
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Sarah Weber • Compass