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    1029 Chorro St San Luis Obispo, CA 93401

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    For Lease
    $5,500 /Mo ($30 SF/Yr)

    Retail space in the heart of San Luis Obispo.

    Property size:
    2,199 SF
    Lot size:
    0.06 Acres

    Property Features for 1029 Chorro St

    General Information

    Size
    2,199 SF
    Lot size
    0.06 Acres

    Source: Anderson Commercial Real Estate Services Agent Derek Senn

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Subterranean Retail Space in SLO

    This subterranean suite, formerly a brewery taproom, features a storefront on Chorro Street. Located in the heart of San Luis Obispo, the 2199-square-foot space is just steps from Mission Plaza, presenting an opportunity for establishing a business.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    San Luis Obispo
    County
    San Luis Obispo
    State
    California
    Longitude
    -120.6632819
    Latitude
    35.2801192

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    FAQs

    What type of property is this?
    Retail space - Retail space in the heart of San Luis Obispo.
    Where is this retail space located?
    The property is located at 1029 Chorro St San Luis Obispo, CA.
    What is the lease rate?
    The lease rate is $30 SF/Yr.
    What are key features of this property?
    This property features: - Prime location in the heart of San Luis Obispo, steps from Mission Plaza.; - Chorro Street storefront provides excellent visibility.; - Formerly a brewery taproom, offering potential for similar businesses.
    (805) 543-1400
    Request Owner's contact information
    1029 Chorro St San Luis Obispo, CA 93401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1029 Chorro St San Luis Obispo, CA 93401
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