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$1,890,000
Est. payment /mo
1.52 Acres Lot
UPDATED:
12/05/2024 12:07 AM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Tempeast(90)
MLS Listing ID SC23217378
HOA Y/N No
Lot Size 1.520 Acres
Property Description
This is a rare opportunity to acquire two completed commercial lots, perfectly positioned near Downtown Templeton and Highway 101. The property has recently undergone a lot split, creating two highly-desirable sized lots with water units suitable for owner-users and investors. These lots are ideal for a range of development possibilities, including medical, professional offices, retail establishments, or mixed-use projects.
Development Potential: Current approvals for an 18,000 SF office/retail/residential project. Among other options, preliminary studies indicate that a 10,000 SF medical or office building can be constructed on Parcel 1, and an 8,000 SF medical or office building on Parcel 2, or build your own custom building. Lots with allocated water units, and complete off-site improvements are a rarity in Templeton. Special incentives include no traffic improvement fees and a stormwater retention waiver. Includes approved building plans, for an 18,000 SF mixed use project, that are ready-to-develop.
Seller financing may be available!
Development Potential: Current approvals for an 18,000 SF office/retail/residential project. Among other options, preliminary studies indicate that a 10,000 SF medical or office building can be constructed on Parcel 1, and an 8,000 SF medical or office building on Parcel 2, or build your own custom building. Lots with allocated water units, and complete off-site improvements are a rarity in Templeton. Special incentives include no traffic improvement fees and a stormwater retention waiver. Includes approved building plans, for an 18,000 SF mixed use project, that are ready-to-develop.
Seller financing may be available!
Location
State CA
County San Luis Obispo
Area Tton - Templeton
Zoning REC
Interior
Fireplace No
Exterior
Community Features Sidewalks
View Y/N No
View None
Building
Lot Description Lot Over 40000 Sqft, Street Level
Water Public
New Construction No
Others
Senior Community No
Tax ID 040216001
Acceptable Financing Cash, Cash to New Loan, Owner May Carry
Listing Terms Cash, Cash to New Loan, Owner May Carry
Special Listing Condition Standard
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Listed by Preston Thomas • Colliers Tingey International Inc. • preston.h.thomas@colliers.com