9am - 5pm / 10am - 2pm

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131 N. Ocean Avenue

Cayucos, CA 93430

(805) 550-5211

leenkathy@att.net

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PRICE $2,650,000 dsIDX morgage calculator
SIZE n/a
LOT SIZE n/a

One of the few remaining unimproved finished parcels in the East Airport Development. Corner parcel with great visibility. Across from Rosetta and the new People Self Help Housing office building - currently under construction. Property is in the county of San Luis Obispo, with a City of San Luis Obispo annexation in process. Current zoning is CS and will remain CS upon the city annexation taking place - which will allow additional uses including some medical and additional building density. All of this to be verified by buyer during the buyer's due diligence period. Parcel can be sold with the adjoining parcel - APN 076-512-033 - 4805 Morabito Place. Pricing of $3,795,000.00 for a buyer purchasing both parcels and closing at the same time. Broker is owner of this parcel and is representing himself in the sale. Owner will consider other options - build to suit, lease with option to purchase, land lease, JV, seller note carry, etc. Any sale will be contingent on the owner finding a 1031 exchange replacement property and completing the due diligence of that property prior to releasing Owner's 1031 contingency. Current entitlements are for an 45291 foot office building, which includes both parcels totaling 4.03 acres.

DAYS ON MARKET 8 LAST UPDATED 9/14/2020
YEAR BUILT 0 COMMUNITY SLO - San Luis Obispo
COUNTY San Luis Obispo STATUS Active
PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
AREA SLO - San Luis Obispo
HEAT None
UTILITIES Cable Available,Electricity Available,Natural Gas Available,Phone Available,Sewer Available,Water Available
WATER Private
ZONING C-S
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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CONTACT US ABOUT 4785 MORABITO PLACE
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Listing provided by : Louie Gregorio CalDRE: 00862997, Gregorio, Louie - Broker

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