Bright Office Suite with
1035 Peach St 302 San Luis Obispo, CA 93401
1035 Peach St 302, San Luis Obispo, CA, 93401
$450,000
For Sale
$450,000
Third-floor office suite with natural light and city views.
Property Size1,155 SF
Lot Size0.02 Acres
Price / SF$389.61
Days on Market130
Property Features for 1035 Peach St 302
General Information
- Standard status
- Active
- Size
- 1,155 SF
- Lot size
- 0.02 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1986
Listing Agency
(805) 801-0821
Listed by
George Fisher
(805) 801-0821
Source
Elliman
Added: Mar 10 Checked: Jul 17 at 3:37 am
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 George Fisher
Investment Insights
Based on property information with market context.
Located with easy access to main routes into San Luis Obispo and Highway 101, this third-floor suite offers approximately 1,155 square feet of workspace suitable for a variety of professional uses. The suite is freshly painted and features large windows that provide ample natural light and views of Cerro San Luis. Tenants have access to a shared outdoor common area on the same floor with table seating. The building offers both stair and elevator access from the entry level. This suite includes six designated off-street parking spaces. The location is close to medical services, Sierra Vista Hospital, County and City Government Centers, eateries, and shopping.
Key Highlights
- Convenient location with easy access to Highway 101 and San Luis Obispo.
- Includes six designated off‑street parking spaces.
- Approximately 1,155 sq ft of BRIGHT workspace with ample natural light.
Local 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 | $30.5k | $26.40 |
| − Vacancy | −$1.8k | −$1.58 |
| EGI | $28.7k | $24.82 |
| − OpEx | −$7.2k | −$6.20 |
| NOI | $21.5k | $18.61 |
1,155 SF · lease $26.40/SF/yr · vacancy 6.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$307.1K
$268.7K – $358.3K
NOI $21,497 @ 7.0% cap · market cap 4.78%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$454.2K
$397.5K – $530.0K
NOI $31,797 @ 7.0% cap · market cap 7.07%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
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
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FAQs
What type of property is this?
Office units - Third-floor office suite with natural light and city views.
Where is this office units located?
The property is located at 1035 Peach St 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: Convenient location with easy access to Highway 101 and San Luis Obispo.; Includes six designated off‑street parking spaces.; Approximately 1,155 sq ft of BRIGHT workspace with ample natural light.
