Four-Suite Professional Medical
894 Meinecke San Luis Obispo, CA 93405
For Sale
$1,650,000
Well maintained four-suite office building with long-term tenancies, located one block from Sierra Vista Hospital.
Days on Market28
Property Features for 894 Meinecke
General Information
Standard status
Active
Property subtype
Commercial
Building Details
Year Built
1978
Listing Agency:
Anderson Commercial Real Estate Services
(805) 543-1400
Listed By:
Derek Senn · License #01252131
(805) 543-1400
Source:
Elliman
Added: Jul 2
Changed: Jul 21
Last Checked: Jul 23 at 10:52AM
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 Anderson Commercial Real Estate Services
Investment Insights
Based on property information with market context.
Well maintained four-suite professional/medical office building offered for sale. The property is currently occupied by long-term tenants with tenure of 30+ years, 30+ years, 20+ years, and 15+ years. Reported annual net income is $98,000, with rents described as below market in the offering remarks.
The building is located at 894 Meinecke in San Luis Obispo, CA, approximately one block from Sierra Vista Hospital. It is also close to Cal Poly and a short drive to the U.S. 101 interchange. Lifestyle and mobility scores provided with the listing indicate a bikeScore of 78 (Very Bikeable) and a walkScore of 68 (Somewhat Walkable), with a transitScore of 34 (Some Transit).
The building is located at 894 Meinecke in San Luis Obispo, CA, approximately one block from Sierra Vista Hospital. It is also close to Cal Poly and a short drive to the U.S. 101 interchange. Lifestyle and mobility scores provided with the listing indicate a bikeScore of 78 (Very Bikeable) and a walkScore of 68 (Somewhat Walkable), with a transitScore of 34 (Some Transit).
Key Highlights
- Four‑suite professional/medical office building built in 1978
- Long‑term tenancies in place: 30+ years, 30+ years, 20+ years, and 15+ years
- Annual net income reported as $98,000 with rents stated as below market
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Well maintained four-suite office building with long-term tenancies, located one block from Sierra Vista Hospital.
Where is this office building located?
The property is located at 894 Meinecke San Luis Obispo, CA.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Four‑suite professional/medical office building built in 1978; Long‑term tenancies in place: 30+ years, 30+ years, 20+ years, and 15+ years; Annual net income reported as $98,000 with rents stated as below market
