221 N Main Street
Templeton, CA 93465
1.52 acres | #SC23217378
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!
Property Details
- Lot DescriptionLotOver40000Sqft, StreetLevel
Measurements
- Acres1.52
Construction Details
- Property TypePurchase
Utilities / Energy Details
- Utility SourcePublic
Community and Neighborhood Details
- SubdivisionTempEast(90)
Location
- CountySan Luis Obispo
Financial Details
- Original List Price$1,890,000
Other
- MLS #SC23217378
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Preston Thomas (#SL01378821)
Listing Office: Colliers Tingey International Inc. (#SC2468)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.