Prime Infill Opportunity in Downtown San Luis Obispo. One of the last largest remaining infill sites in Downtown SLO. This 1.1-acre site combines three adjacent Commercial Service-zoned lots for rare large scale potential in a high-demand area. City-approved for a 4-story, 49-unit residential apartment/condo project (with on-site parking), plus an existing 1,420 sq ft commercial building (with approved 770 sq ft addition). Residential and commercial components can be purchased together or separately. " Rare scale & scarcity - Largest undeveloped infill site left anywhere in Downtown SLO; few (if any) comparable sites left. " Prime southern Downtown location - Easy freeway/south county access, steps from vibrant core shops, restaurants, and amenities. " City Approved - Existing entitlements for 49-unit high density residential reduce risk and speed timelines. " High-value residential focus - Final large-scale chance to add significant housing in a downtown top California coastal market. " Possibility for Assisted Living.

Based on information submitted to CRMLS as of May 20, 2026 10:51 PM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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