Welcome to beautiful downtown San Luis Obispo! The City is known for its year-round downtown Farmer’s Market, Cal Poly University, and a desirable Mediterranean climate. Just minutes away are notable beach communities including Avila Beach, Pismo Beach, Los Osos and Morro Bay. Going north, residents enjoy access to the famous Paso Robles/Templeton wine country, and beyond that Lake Nacimiento, Monterey, Carmel, and the San Francisco Bay Area. Other famous establishments in the area include Cuesta College and the historic Hearst Castle in San Simeon.
The subject property is situated along Higuera Street which supports the City’s most vibrant downtown commercial corridor. Businesses on the property would benefit from exposure to a high number of travelers exiting the downtown core. In a mixed-use development, residential homes would benefit from the proximity to places of work, restaurants, shops, and a variety of services.
Nearby entertainment hubs include the Creamery Marketplace, featuring highly regarded restaurants such as Bear & the Wren, Goshi, and La Esquina. Newer luxury residential developments in the vicinity include Paseo Carmel and the Moderns on Marsh. Besides the amenities of the downtown, the property is close to the popular and breathtaking Cerro San Luis trail.
The property is zoned Commercial Retail (CR) and supports higher-density residential uses, as well as an array of commercial retail and service uses. With very few vacant commercial properties left in the downtown, this is a rare opportunity to imagine the newest addition to Downtown San Luis Obispo.
Call for more information, and verify uses with the City of San Luis Obispo. Property boundary is approximate. YouTube Link: https://www.youtube.com/watch?v=ITd5o8tYkME&t=1s