Third-Floor Office Suite with
1035 Peach Street Unit 302 San Luis Obispo, CA 93401
For Sale
$450,000
Freshly painted third-floor office suite with large windows, elevator access, and six designated off-street parking spaces.
Property Size1,166 SF
Price / SF$385.93
Days on Market480
Property Features for 1035 Peach Street Unit 302
General Information
- Standard status
- Active
- Size
- 1,166 SF
- Property subtype
- Office
Building Details
- Year Built
- 1986
Listing Agency:
(805) 544-7000
Listed By:
Compass
Source:
Xome
Added: Apr 3, 2025
Changed: Jul 24
Last Checked: Jul 26 at 3:30AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass
Investment Insights
Based on property information with market context.
This freshly painted third-floor office suite offers approximately 1,155 square feet of bright, welcoming workspace. The suite features large windows that provide natural light and views of Cerro San Luis. Tenants also have access to a shared outdoor common area on the same floor with table seating.
The building provides both stair and elevator access from the entry level. The location offers easy access to main arteries into San Luis Obispo as well as Highway 101. The surrounding area includes nearby medical services, Sierra Vista Hospital, County and City Government Centers, and a range of eateries and shopping.
The suite includes six (6) designated off-street parking spaces for added convenience.
The building provides both stair and elevator access from the entry level. The location offers easy access to main arteries into San Luis Obispo as well as Highway 101. The surrounding area includes nearby medical services, Sierra Vista Hospital, County and City Government Centers, and a range of eateries and shopping.
The suite includes six (6) designated off-street parking spaces for added convenience.
Key Highlights
- Freshly painted third‑floor office suite with approximately 1,155 SF of bright workspace
- Large windows provide natural light with views of Cerro San Luis
- Suite offers stair and large elevator access from the entry level
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $30.8k | $26.40 |
| − Vacancy | −$1.8k | −$1.58 |
| EGI | $28.9k | $24.82 |
| − OpEx | −$7.2k | −$6.20 |
| NOI | $21.7k | $18.61 |
1,166 SF · lease $26.40/SF/yr · vacancy 6.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$310.0K
$271.3K – $361.7K
NOI $21,702 @ 7.0% cap · market cap 4.82%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$458.6K
$401.3K – $535.0K
NOI $32,100 @ 7.0% cap · market cap 7.13%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Germanow Kenneth PHD
Physician
Seven Sisters Ob/gyn
Physician
Ryan Kennard
Physician
Coastal Communities Physicians ...
Medical Clinic
Edward Jones - Financial ...
Financial Advisor
FAQs
What type of property is this?
Office units - Freshly painted third-floor office suite with large windows, elevator access, and six designated off-street parking spaces.
Where is this office units located?
The property is located at 1035 Peach Street Unit 302 San Luis Obispo, CA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Freshly painted third‑floor office suite with approximately 1,155 SF of bright workspace; Large windows provide natural light with views of Cerro San Luis; Suite offers stair and large elevator access from the entry level
