Greg Malik Real Estate
1229 Carmel Street
San Luis Obispo, CA 93401

$3,500,000

Description

Great opportunity to lease or purchase this 12,000 sq. ft. retail building in downtown San Luis Obispo. Located in downtown San Luis Obispo near the intersection where Higuera and Marsh cross and close to Hwy 101 on and off ramps. This section of town is experiencing a renaissance with new mixed-use projects and micro-breweries springing up in the neighborhood. Easy access, good parking, loading dock, and truck well provide elements for many potential uses. Currently demised into two spaces (2,000 sf and 10,000 sf) landlord is seeking one tenant for the building and will also sell. There are two sets of restrooms in each space, newer roof and 4 5 ton HVAC units. Location San Luis Obispo is located midway between Los Angeles and San Francisco on the Central Coast. The city is home to San Luis Obispo County Regional Airport which offers private air service and non-stop commercial air service to San Francisco, Los Angeles, Seattle, Denver, and Phoenix. The downtown area has many eclectic shops and boutiques. New downtown shopping centers have been added in recent years. The Court Street Center and Downtown Center house stores that belong to nationwide chains. One of the primary draws of this area for students, visitors, and residents alike is the plethora of outdoor sports such as hiking, kayaking, surfing, and more.

Details

MLS#PI18123427
StyleRetail
Sub-TypeResale
StatusActive
Days On Site206

Features

SQ Feet12,000
Story(s)0

Market Activity 93401

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Area Information

StateCA
CountySan Luis Obispo
CitySan Luis Obispo
Zip Code93401
AreaSLO - San Luis Obispo
Listing VS Median (in 93401)
Price:
$3,500,000
low | high
Med:
$405,000
100% of Average
SqFt:
12,000
low | high
Med:
1,047
100% of Average
$ / SqFt:
$292
low | high
Med:
$387
17.376176831764% of Average
On Site:
206
low | high
Med:
114
100% of Average
Listing Updated: 12/15/2018
MLS Number: PI18123427
Listing Provided By:
Stephen Leider  of  Lee and Associates
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