1390 Walker, San Luis Obispo, CA 93401

Property Description

Prime Infill Opportunity in Downtown San Luis Obispo. One of the last largest remaining infill sites in Downtown SLO. This 1.1-acre site combines three adjacent Commercial Service-zoned lots for rare large scale potential in a high-demand area. City-approved for a 4-story, 49-unit residential apartment/condo project (with on-site parking), plus an existing 1,420 sq ft commercial building (with approved 770 sq ft addition). Residential and commercial components can be purchased together or separately. Rare scale & scarcity Largest undeveloped infill site left anywhere in Downtown SLO; few (if any) comparable sites left. Prime southern Downtown location Easy freeway/south county access, steps from vibrant core shops, restaurants, and amenities. City Approved Existing entitlements for 49-unit high density residential reduce risk and speed timelines. High-value residential focus Final large-scale chance to add significant housing in a downtown top California coastal market. Possibility for Assisted Living.

Listing Status:

Active

Date Added:

March 4, 2026

Data Last Updated:

March 5, 2026 at 2:13PM

Listing Office:

Colliers Tingey International Inc. :

Listing Agent:

Preston Thomas : 805-544-3900

MLS ID:

SC26047488

Location

• HOA Amenities: 0.0
• Originating MLS: California Regional MLS
• County: San Luis Obispo

Lot

• Zoning: 002505005

Financial

• Source: California Regional MLS