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2730 McMillan Ave - McMillan Apartments

1.1 Acres of Commercial Land Offered at £2,346,111 in San Luis Obispo, CA 93401

INVESTMENT HIGHLIGHTS

  • Bid in hand from JW Design
  • Less than a mile from Downtown San Luis Obispo, giving residents the benefits of walking and biking to downtown.
  • Less than two blocks away from Duncan Alley, Crossroads and many other coffee shops and local restaurants.
  • Approved for up to 46 Apartment Units
  • Permit ready development

EXECUTIVE SUMMARY

Welcome to 2730 McMillan! Permit ready in 2024 the 46-unit apartment project exemplifies the best opportunity to build modern apartment living in San Luis Obispo. Top of market community and apartment amenities provide residents a comfortable oasis.
New ownership will benefit from the well designed project by Arris Architecture and a bid in hand from JW Design.

ATTACHMENTS

McMillan - OM

DATA ROOM Click Here to Access

PROPERTY FACTS

Price £2,346,111 Property Type Land
Sale Type Investment Property Subtype Commercial
Sale Condition 1031 Exchange Proposed Use Apartment Units
No. Lots 1 Total Lot Size 1.10 AC
Price £2,346,111
Sale Type Investment
Sale Condition 1031 Exchange
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Apartment Units
Total Lot Size 1.10 AC

1 LOT AVAILABLE

Lot

Price £2,346,111 Lot Size 1.10 AC
Price Per AC £2,132,828.28
Price £2,346,111
Price Per AC £2,132,828.28
Lot Size 1.10 AC

Fully permitted in 2024 the 46-unit mixed use project exemplifies the best opportunity to build modern apartment living in San Luis Obispo.

DESCRIPTION

The property is ideally situated less than a mile from downtown San Luis Obispo, giving residents the benefits of walking and biking to downtown. In addition its premier location also is less than two blocks away from Duncan Alley, Crossroads and many other coffee shops and local restaurants.

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Bike Score®
Biker's Paradise (92)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 053-212-022 Improvements Assessment £0
Land Assessment £880,636 Total Assessment £880,636

PROPERTY TAXES

Parcel Number
053-212-022
Land Assessment
£880,636
Improvements Assessment
£0
Total Assessment
£880,636

ZONING

Zoning Code M-1 (Industrial)
M-1 (Industrial)
(805) 457-9157

CONTACT

  • Listing ID: 31665228

  • Date on Market: 01/05/2024

  • Last Updated:

  • Address: 2730 McMillan Ave, San Luis Obispo, CA 93401

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2730 McMillan Ave, San Luis Obispo, CA for sale Building Photo- Image 1 of 5
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2730 McMillan Ave, San Luis Obispo, CA for sale Building Photo- Image 2 of 5
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2730 McMillan Ave, San Luis Obispo, CA for sale Building Photo- Image 3 of 5
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2730 McMillan Ave, San Luis Obispo, CA for sale Site Plan- Image 4 of 5
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2730 McMillan Ave - McMillan Apartments
(805) 457-9157 x

2730 McMillan Ave - McMillan Apartments

Anthony Aurignac

(805) 457-9157

(805) 457-9157

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