Greg Malik Real Estate

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.

  • MLS# SP18048296
  • Style IQWeb_Mixed Use
  • Sub-Type Resale
  • Status Active
  • Year 1987
  • Days On Site 170
SQ Feet 7,000
Story(s) 2
Listing Provided By:
Guy Torelli  of  Torelli Investment Realty
Retain entrance to Takken's Shoes on Marsh St.
Door at lower right is entrance to office space upstairs. There is also a rear stairway that leads to the parking area with six spaces.
Side view looking towards Marsh Street.
this listing $2,975,000
$462,000 in 93401
this listing 7,000 SqFt
1,038 SqFt in 93401
this listing $425 $/SqFt
$445 $/SqFt in 93401
this listing 170 on site
38 on site in 93401


State CA
County San Luis Obispo
City San Luis Obispo
Zip Code 93401
Area SLO - San Luis Obispo

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