Address
668 Marsh Street San Luis Obispo, CA
Price
$ 2,975,000
Property Attributes
  • MLS#SP18048296
  • TypeCommercial
  • CountySAN LUIS OBISPO
  • CitySan Luis Obispo
  • AreaSan Luis Obispo
  • Zip93401
  • StyleMixed Use
  • Price$ 2,975,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage7000
Listing Provided Courtesy Of:
Guy Torelli with Torelli Investment Realty.
Property Description

Repositioning Opportunity in the prime part of Downtown San Luis Obispo. Loft apartments or condos can be built upstairs, and a 3rd or 4th story with Lofts could be built. Takken's Shoes, the current downstairs tenant, would relocate opening up the opportunity to achieve market rents. The boutique auto dealer building next door is in the process of being renovated into a new retail use. Almost 5,000 new residential homes are currently being built or in the approval process within a 2.5 mile radius of Marsh Street. Attached brochure has the details of the downtown development surrounding this property and financial analysis. Current owner built this property in 1987.

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Unknown High School
Price History
3/1/2018 Listed $2,975,000

General Features

Listagentstatelicense 00666517
Listing Agent Guy Torelli - BRE#00666517
MLS Area SLO - San Luis Obispo
Price Per Square Foot 425.00
Property SubType Mixed Use
Property Type Commercial Sale
Special Listing Conditions Standard

Interior Features

Condoareaunits Square Feet
Laundry Features None
Total Stories 2

Exterior Features

Building Area Total 7000.00
Total Parking 6.00
Uncoveredspaces 6.00
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
$2.98M
Visits
AVG 10
2
Year Built
AVG 1992
1987
Walkscore
AVG 71
98

Looking for more comfortable experience?

Check out our mobile application and browse the properties as no other.