Price Reduction
Address
3229 Broad San Luis Obispo, CA
Price
$ 3,250,000
Property Attributes
  • MLS#SC18059093
  • TypeCommercial
  • CountySAN LUIS OBISPO
  • CitySan Luis Obispo
  • AreaSan Luis Obispo
  • Zip93401
  • StyleMixed Use
  • Price$ 3,250,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage10000
Listing Provided Courtesy Of:
Craig Losee with Central Commercial Group.
Property Description

This perfect blend of Commercial and Residential Income, mixed-use development, rarely becomes available in San Luis Obispo. The property has unique architectural lines and function. The outstanding location offers tenants an easy access to multiple ethnic restaurants, a micro brewery and a range of services and retail outlets. This mixed-use development might be ideal for an owner user. Enjoying the approximately $100,000.00 in income from the 8 spacious apartments annually. These units are governed by a Deed restricting rents based on a City of San Luis Obispo mandate. The commercial/retail space can be demised into 3 suites or the new owner could do a condo map and add value. Please confirm with City Planning Dept. for conditions or restrictions. This location would be ideal for for engineers,architects,legal, real estate or other professional service companies.

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Unknown High School
Price History
3/14/2018 Listed $3,325,000
4/12/2018 3% - $3,250,000

General Features

Listagentstatelicense 01059525
Listing Agent Craig Losee - BRE#01059525
MLS Area SLO - San Luis Obispo
Number of Units Leased 8
Price Per Square Foot 325.00
Property SubType Mixed Use
Property Type Commercial Sale
Security Features Fire Sprinklers
Special Listing Conditions Standard
Utilities Cable Available

Interior Features

Air Conditioning Y/N 1
Condoareaunits Square Feet
Heating Forced Air
Heating Y/N 1
Laundry Features Stackable

Exterior Features

Building Area Total 10000.00
Construction Materials Other, Steel, Stucco
Land Use Multi-Family, Office, Retail
Number of Buildings 2
Roof Metal
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 93401

Price
AVG $370K
$3.25M
Visits
AVG 9
3
Walkscore
AVG 71
55

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