Looking for a business opportunity? The deli in the San Luis Bay Estates above Avila Beach just had a price reduction from $129,500 to $82,000. A 30×90 lot on Pier Ave in Oceano also had a price reduction to $397,000 (from $420,000). Last price reduction comment for the day…a 2 acre with 3 bedroom in a commercial district in Templeton went from $1.6M to $1.2M. Motivated?…or Overpriced? That is the question!

With all the controversy about the MarketPlace plan in San Luis Obispo I was surprised to see the Madonna Corporation’s plan to expand the Home Depot/Costco area to more retail, including across the street on Los Osos Valley Rd.