1,400 sqft

$4,600,000

1390 Walker, San Luis Obispo CA, 93401

Price per sqft$3,285.71

Property size1,400 sqft

Property typeCommercial

Listed by Preston Thomas CA DRE# 01378821 with Colliers Tingey International Inc. [email protected]

Overview

Active

Listed Feb 5, 2026

Updated 3 weeks ago

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.

Additional information

MLS^® ID: SC26025867

Interior Features

Basement: No

Exterior Features

Lot Size: 1.1 Acres

Listed by Preston Thomas CA DRE# 01378821 with Colliers Tingey International Inc. [email protected]

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 8/25/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 8/25/2026 at 1:39 AM UTC Last Checked: 1:39 AM UTC