Price Reduction
Address
3536 S Higuera Street San Luis Obispo, CA
Price
$ 5,750,000
Property Attributes
  • MLS#SP17166060
  • TypeCommercial
  • CountySAN LUIS OBISPO
  • CitySan Luis Obispo
  • AreaSan Luis Obispo
  • Zip93401
  • StyleRetail
  • Price$ 5,750,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage25454
Listing Provided Courtesy Of:
Preston Thomas, SIOR with Rossetti Company.
Property Description

Tenwise Park offers prospective investors an opportunity to acquire a fully leased, 25,454 SF multi-tenant retail/service complex located in San Luis Obispo, California. The property is located at 3536 and 3546 South Higuera Street, a major retail thoroughfare in San Luis Obispo. The buildings are of concrete block construction and are 100% leased to six local tenants. Upgrades to the building exteriors were recently completed, which have enhanced the appeal of this quality property. Tenwise Park benefits from stable cash flow and a strong tenant base in an ideal San Luis Obispo location. NOI: $309,981

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Unknown High School
Price History
7/20/2017 Listed $6,000,000
1/16/2018 5% - $5,750,000

General Features

Listagentstatelicense 01378821
Listing Agent Preston Thomas, SIOR - BRE#01378821
MLS Area SLO - San Luis Obispo
Price Per Square Foot 225.90
Property SubType Retail
Property Type Commercial Sale
Special Listing Conditions Standard

Interior Features

Condoareaunits Square Feet
Laundry Features None

Exterior Features

Building Area Total 25454.00
Construction Materials Concrete
Lot Size Source Assessor
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
$5.75M
Visits
AVG 11
3
Walkscore
AVG 71
60

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