Third-Floor Multi-Office
1035 Peach Street Unit 302 San Luis Obispo, CA 93401
1035 Peach Street Unit 302, San Luis Obispo, CA, 93401
$450,000
Pending
For Sale
$450,000
Pending
Third-floor office suite with multiple offices, recently painted finishes, and access to a shared outdoor seating area.
Property Size1,166 SF
Days on Market132
Property Features for 1035 Peach Street Unit 302
General Information
- Standard status
- Pending
- Size
- 1,166 SF
- Property subtype
- Other
Listing agency
Patterson Realty
(805) 440-0251
Listed by
LeeAnne Fisher · License #01082922
(805) 440-0251
Source
Compass
Added: Mar 13 Updated: Jul 22 at 8:03AM Checked: Jul 22 at 8:03AM
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 Patterson Realty
Investment Insights
Based on property information with market context.
Available for purchase or rent, this office suite is located in the Peach Street Professional Plaza and offers a multi-office layout. The interior has been recently painted, giving the space a refreshed look for professional use.
On the third floor, tenants have access to a shared outdoor common area with table seating. The area is positioned for views of Cerro San Luis, the nearby Cal Poly campus, and the surrounding cityscape. The building provides both stair and elevator access, along with designated off-street parking in a generously sized lot.
The property is described as having excellent access to Highway 101 and main arteries into San Luis Obispo, as well as access out to Highway 1. It is also positioned near medical services including Sierra Vista Hospital, County and City Government Centers, as well as eateries, shopping, and the downtown business district of San Luis Obispo.
On the third floor, tenants have access to a shared outdoor common area with table seating. The area is positioned for views of Cerro San Luis, the nearby Cal Poly campus, and the surrounding cityscape. The building provides both stair and elevator access, along with designated off-street parking in a generously sized lot.
The property is described as having excellent access to Highway 101 and main arteries into San Luis Obispo, as well as access out to Highway 1. It is also positioned near medical services including Sierra Vista Hospital, County and City Government Centers, as well as eateries, shopping, and the downtown business district of San Luis Obispo.
Key Highlights
- Two separate office spaces in the Peach Street Professional Plaza, each with multiple offices
- Recently painted office interiors for a refreshed look
- Third‑floor suite with access to a shared outdoor common area with table seating
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 | $30.8k | $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
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Third-floor office suite with multiple offices, recently painted finishes, and access to a shared outdoor seating area.
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: Two separate office spaces in the Peach Street Professional Plaza, each with multiple offices; Recently painted office interiors for a refreshed look; Third‑floor suite with access to a shared outdoor common area with table seating
