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Listed by Kenneth Emmer • Greater Heights Financial & Realty Inc
$ 713,400
Est. payment | /mo
1.49 Acres Lot
$ 713,400
Est. payment | /mo
1.49 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID SC-23040665
Lot Size 1.490 Acres
Property Description
This property is situated on the corner of W Branch Street & North Mallagh Street. The property is bounded on three sides by the Burton "paper" street, Branch St, and Mallagh St. The "paper" Burton St is a dedicated County right-of-way and not a finished street. This is a perfect opportunity for a development because the property on the other side of Burton St is already under development. Directly across the street from the subject property are homes. The property is zoned Office Professional which can be developed as commercial or residential or a mix of both. The land can be developed into a residential property under the Workforce Housing Subdivision ordinance which allows for high-density, individually owned properties, or as a high density multi-family development, see Supplements for explanations on these two alternative development opportunities. Part of the value of this property for residential is its proximity to one of the most popular restaurants on the central coast, Jockos Steakhouse. The property is flat and is within the urban reserve line.
Location
State CA
County San Luis Obispo
Zoning Office Professional
Exterior
Community Features BLM/National Forest, Foothills, Hiking
Utilities Available Sewer Available, Water Available, Cable Available, Electricity Available, Natural Gas Available, Phone Available
View Y/N Yes
View Hills
Building
Lot Description Level, Level with Street, Rectangular Lot
Sewer Public Sewer
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Darren Humphrey
Partner | Lic# DRE 01724424