San Luis Obispo, CA Commercial Real Estate for Sale

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36 properties

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Updated: Jun 15

Clear-Span Retail Building

2191 Parker St, San Luis Obispo, CA 93401

$1,995,000

8,230 sqft

Versatile clear‑span retail building
Excellent retail exposure on South Street
Convenient freeway access for occupants

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This listing looks promising.

Here's a quick look at some key insights for

2191 Parker St, San Luis Obispo, CA 93401

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Est. Cap Rate

6.7%
Above avg (5.9%)
Est. NOI

$134K
Annual
Price @ 7% Cap

$1.91M
Suggested

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Updated: Jun 19, 2025

Neighborhood Commercial Land Site

2040 Prado Road, San Luis Obispo, CA 93401

$3,900,000

3.59 AC lot

3.59‑acre (156,380 SF) Neighborhood Commercial site in San Luis Ranch
Highly visible from the freeway; centrally located in the San Luis Obispo area
Maximum building size of 75,000 SF with allowable uses including retail, office, and medical
Completed offsites and Blue Top pad; NNN lease type with negotiable TI allowance
Access via the Prado Road freeway overpass connecting Dalidio Road at San Luis Ranch to Prado Road (east of Highway 101)

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Retail Storefront Property

1121 Broad Street, San Luis Obispo, CA 93401

$1,750,000

3,800 sqft

For-sale retail storefront property offering a practical space for neighborhood commercial use.

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Downtown Office Building with Parking

1150 Palm ST, San Luis Obispo, CA 93401

$4,400,000

9,767 sqft

Fully occupied office building with private offices, conference rooms, and open work areas, plus on-site parking.

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Two-Story Mixed-Use Building

793 Higuera St, San Luis Obispo, CA 93401

$3,465,000

7,492 sqft

Two-story building with office and retail space located at the intersection of Higuera and Chorro Streets in downtown San Luis Obispo.

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Downtown SLO Historical Office Property

1334 Chorro St, San Luis Obispo, CA 93401

$1,599,000

1,600 sqft

Historical downtown San Luis Obispo office property with potential residential expansion.

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Modern Office Condo Suite

433 Marsh St, San Luis Obispo, CA 93401

$525,000

512 sqft

Bright open office condo with an ADA-compliant restroom, reception area, and one dedicated on-site parking space.

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Bright Office Suite with Views

1035 Peach St 302, San Luis Obispo, CA 93401

$450,000

1,155 sqft 0.02 AC lot

Third-floor office suite with natural light and city views.

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Entitled Hotel Project Near Airport

950 Aero Dr, San Luis Obispo, CA 93401

$11,000,000

131,074 sqft 3.01 AC lot

Fully entitled hotel project near San Luis Obispo Airport.

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Iconic Restaurant Building in SLO

815 Palm St, San Luis Obispo, CA

$895,000

2,078 sqft 0.03 AC lot

Two-story restaurant property in the heart of downtown San Luis Obispo.

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Medical Condo with Onsite Parking

1250 Peach St H, San Luis Obispo, CA 93401

$525,000

0.03 AC lot

Well-appointed medical condo near Highway 101 with onsite parking.

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Two-Unit Medical Office Building

1338 Santa Rosa Street, San Luis Obispo, CA 93401

$1,950,000

3,861 sqft

Two independent medical office suites offer flexible medical or general office use in a 1962-built professional building.

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Third-Floor Multi-Office Suite

1035 Peach Street, Unit 302, San Luis Obispo, CA 93401

$450,000

1,166 sqft

Third-floor office suite with multiple offices, recently painted finishes, and access to a shared outdoor seating area.

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Single-Story Professional Office Building

1102 Laurel Ln, San Luis Obispo, CA 93401

$3,195,000

10,527 sqft

Single-story professional office building with 46 parking spaces and a flexible layout across 10,527 square feet.

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Four-Suite Professional Medical Office

894 Meinecke, San Luis Obispo, CA 93405

$1,650,000

Well maintained four-suite office building with long-term tenancies, located one block from Sierra Vista Hospital.

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Single-Level Office Condo Suite

104-3592 Broad St, San Luis Obispo, CA 93405

$325,000

Single-level office condo suite with reception, meeting room, open workspace, kitchen/break area, and private patio.

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Iconic Restaurant in Downtown SLO

815 Palm St, San Luis Obispo, CA 93401

$895,000

0.02 AC lot

Two-story restaurant in the heart of San Luis Obispo.

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Built-Out Office Condominium Suite

3591 Sacramento Dr, San Luis Obispo, CA 93401

$289,900

Fully furnished, turnkey office condo designed for owner-users seeking a move-in ready workspace.

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Neighborhood Commercial Development Site

2040 Prado Road, San Luis Obispo, CA 93401

$3,900,000

3.59 AC lot

A 3.59-acre neighborhood commercial site with a prepared pad and freeway visibility for retail, office, or medical uses.

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San Luis Obispo Manufacturing Lots

4120 Earthwood Ln, San Luis Obispo, CA

$315,035

0.21 AC lot

Manufacturing lots for sale in San Luis Obispo, California.

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San Luis Obispo Manufacturing Lots

4135 Earthwood Ln, San Luis Obispo, CA

$315,385

0.21 AC lot

Manufacturing lots for sale in San Luis Obispo, California.

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San Luis Obispo Manufacturing Lots

4145 Earthwood Ln, San Luis Obispo, CA

$315,385

0.21 AC lot

Manufacturing lots for sale in San Luis Obispo, California.

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8-Unit Multifamily with Private Patios

3380 Bullock Ln, San Luis Obispo, CA 93401

$3,075,000

Eight-unit multifamily offering private patios, updated kitchens with stainless-steel appliances, and on-site coin-operated laundry.

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Shovel-Ready Mixed-Use Development

655 Monterey Street, San Luis Obispo, CA 93401

$6,930,000

Shovel-ready downtown infill parcel fronting San Luis Obispo Creek, with planned retail, restaurant, open-air plaza, parking, and hotel.

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San Luis Obispo, CA Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in San Luis Obispo, CA, showcased through 36 active listings on our real estate platform. These investment opportunities span a total of 184,631 square feet of properties for sale, with an estimated market value of $31,864,000.

Sale prices for business properties in San Luis Obispo, CA start at $190,000, averaging $2,451,076, and reaching up to $11,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 79K

Population Growth (5Y) -12.3%

Median Household Income $82,388

College Educated 27.6%

High-Yield Neighborhoods for Investment

Identify San Luis Obispo submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
93405	$1.8M
93401	$2.2M

Taxes & Financing

Tax Rate (average for all types) 1.14%

Property Tax per SF $13.51 per SF

Tax Rate vs County Average 0.01 pp below county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in San Luis Obispo County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in San Luis Obispo fall within the 10,000 to 25,000 square foot range.

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