Listings

Located at the entrance to the Downtown core. The exposure is as good as it gets as the location is a high visibility corner, at the intersection of the entrance to Downtown, from the south end of San Luis Obispo and from those entering town from Highway 101. Foot traffic is also strong. Adjacent to new Downtown Hotel Cerra.

The building is literally in new condition with a full restaurant build-out (hood, floor sinks, grease trap, counter, restrooms, etc.)

3,744 square foot warehouse/distribution/showroom facility. Open floor plan. Includes storefront and grade level roll-up door. 12-14 ft. ceiling heights. Good parking. Located in a convenient location down the street from Trader Joe’s off South Higuera, a short distance to Highway 101. One of the most affordable spaces in town.

High exposure retail/office/showroom suites in newer building. Includes storefront and side loading roll-up door. Layout consists of open floor area with restrooms, kitchenette, and 2nd floor mezzanine that could be used for an office. Potential for many uses. Located in a convenient location near DMV with easy freeway access. Great monument signage.

Approximately 1,300 SF office suite. Space includes storefronts and rear access. Layout is an open floor plan with demising wall splitting the suite into two work areas. Retail presence. Good parking. Possible to add a roll-up door for warehouse use. Recently painted. Tenant to choose new flooring. Located in a convenient location off South Higuera, a short distance to Highway 101.

The best deal on office and warehouse space in town. 4,698 SF office/warehouse combo. Nicely updated office space, includes reception, six offices, open work area, kitchenette and 1,325 SF of ground floor warehouse, with roll-up door and mezzanine above. Convenient location in the south end of town near Farm Supply and Trader Joe’s.

Rare opportunity to lease a larger warehouse distribution suite near the Freeway in San Luis Obispo. Former data center. Block construction, heavy power (2,000 AMPs+), 1 loading dock and one grade level door. Possibility to convert a portion to showroom and/or add several offices. Buildings like this rarely come available in the San Luis Obispo marketplace.

Newer warehouse space located in a convenient location behind Trader Joe’s, and close to the Freeway in San Luis Obispo. Includes grade level roll-up and storefront entrance. Block construction. 2,300 +/- SF first floor and 1,000 +/- SF storage mezzanine.

Rare opportunity to acquire large, high density zoned residential parcels steps to the heart of Downtown. 16,500 SF, R-4 lots are approved with a “shovel ready” four unit project, or possibly redevelop the site into nine, two bedroom (or 18, one bedroom) apartments or condos. Outstanding views, and located in one of the most historic and grand neighborhoods in Downtown San Luis Obispo. One of the last opportunities to acquire a large infill site near Downtown. Seller will entertain carrying back a 1st trust deed with 30% down.

Approved mixed use project on large 2.73 +/- acre parcel, located just outside Downtown SLO. Zoned Industrial (M) which allows mixed use and residential. Located in a desirable year round creekside-setting with immediate access to the South Street Hills Open Space area. Underlying residential development allows 24 units per acre one of the higher densities in town. This allows approximately 65 residential, 2 bedroom units. Site has off-site improvements stubbed/installed, as well as a new bridge over Exposition Creek. One of the last opportunities to acquire a very large infill parcel near Downtown. Seller will entertain carrying back a 1st trust deed with 25% down.

Office building with good parking located in the Monterey District/Downtown San Luis Obispo. Great location with views overlooking Monterey Street. A few blocks to Downtown core an Courthouse. Office zone allows possibility for mixed use/residential. Building is all original with same occupants since the 1970's. Former attorney's office consists of two offices, conference room, open work area, kitchenette and file storage.

Rare medical office condo in the Bishop Street Medical complex. Located near French Hospital, very desirable size and layout. Includes numerous exam rooms with the ability to expand to 7-8 rooms. Large reception, large kitchen area with great views, multiple restrooms, private office and private entrance with covered parking. Recently updated. Turn-key for medical practice.

Redevelopment opportunity! Stand-alone former church building one block East of the Downtown core. Located in the multi-family residential zone allowing for redevelopment of up to five units (per City of Pismo Beach). One of the largest parcels in the area. A short walking distance to Downtown Pismo.

Professional Office Building. Larger Mid-century modern office building in Downtown San Luis Obispo.  One block from the Downtown core. More on-site parking than the majority of Downtown office buildings. Has the flexibility to have multiple tenants. Can be individual offices or bullpen areas. Great natural lighting. Frontage on both Osos and Pacific Streets. Rare opportunity to own an office asset yards from the Downtown core, with significant on-site parking. Possible flagship office building for a company seeking a Downtown presence.
 

The Campanile Building retail/service complex offers prospective investors an opportunity to acquire a 31,310 square foot multi-tenant retail/service complex located in San Luis Obispo, California. The property is located at 3566 South Higuera Street, along a major retail thoroughfare in San Luis Obispo. The property is leased to six local tenants. Upgrades to the building exteriors were recently completed, which have enhanced the appeal of this quality property. The Campanile Building benefits from cash flow from a strong tenant base in an ideal San Luis Obispo location. The Campanile Building is situated on a 2.21-acre parcel (net of creek easement). The property includes a showroom/retail presence, as well as a flex/warehouse or service commercial component in the rear of the site. It is located within one-half mile driving distance from the 101 Freeway, with approximately 143 feet of frontage on South Higuera Street, near the intersection of Granada Drive and South Higuera Street which has traffic counts of 17,000 cars per day. There are six tenants at the property, and is 65% occupied. The Campanile Building provides 89 vehicle parking spaces at ratio of 1/352 square feet. Adjacent retail/service property to the north, Tenwise Park, is also available for sale, and both properties can be purchased as a portfolio.

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Prime Downtown professional office condo. High exposure office condo located in the southern portion of Downtown. Convenient location, close to the freeway and walking distance to Downtown core. Newer build-out includes reception area, 6 offices, conference room and kitchenette. Nicely appointed and modern office space. On-site parking. Great signage exposure. Perfect for an office user seeking retail exposure. Owner may carry back a 1st Trust Deed with 25% down at market terms.

Professional/Service Office Building Rare opportunity to acquire a newer Class A office building in Downtown San Luis Obispo. 8,076 square foot office building is condominiumized and can be demised up to eight office condo suites. Building and tenant improvements were constructed in 2010 by SCI construction, known for quality construction. Very modern and efficient layout includes hard offices and bullpen areas, as well as balcony access. Great on-site parking and easy Downtown and freeway access. One of a kind opportunity to own a modern quality building in Downtown San Luis Obispo. Owner/user opportunity, perfect for a construction, engineering, insurance, real estate or tech office.  At $2.00, NNN proforma rent, this building brings a 5.7% return. A fair price for the highest quality available building asset in San Luis Obispo.

Professional office building located steps from the downtown core. Recently remodeled, tri-level building with numerous offices.

This is your chance to own the most prestigious office building in the City of San Luis Obispo. Concrete tilt up building, built in 2005 with high end professional finishes. Great tenant mix with national and local professional office tenants. Spectacular presence at the intersection of Tank Farm Road and Broad Street with 26,000 ADT. The cornerstone to the “new” office submarket in San Luis Obispo. All NNN leases. Building has potential upside with increased rents and charges for common areas. Priced below replacement cost. If you want to own a leased investment on the Central Coast, this is it! Proforma 5.5% capitalization rate.