For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Clear-Span Retail Building Title is generated by Realmo AI

    2191 Parker St, San Luis Obispo, CA 93401

    View on Map
    Claim this Listing
    New
    For Sale
    Contact for pricing

    Versatile clear-span retail building with strong South Street exposure and convenient freeway access for occupants.

    Type:RETAIL
    Property size:
    8,230 SF
    Price / SF:
    $242/SF
    Added:
    Jun 15, 2026
    Days on Market:
    6
    Last Refresh:
    Jun 20 at 8:00 am

    Property Features for 2191 Parker St

    General Information

    Standard status
    Active
    Size
    8,230 SF
    Property subtype
    RETAIL

    We can help!

    Listing Contact
    Derek Senn

    Listing agent Derek Senn License #01252131

    Listing office Anderson Commercial Real Estate Services

    Listing date Jun 15, 2026

    Source Moodyscre

    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

    HighLights

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

    Overview

    This for-sale retail building offers a versatile, clear-span interior that can support a range of merchandising and layout needs. The property is sized at 8,230 square feet, providing an open configuration that many retailers and service uses can adapt to their operations.

    The building is positioned for retail exposure along South Street, with close freeway access intended to support convenient customer access and day-to-day logistics. This combination of visibility and access can be valuable for businesses seeking a straightforward commercial footprint.

    For tenants, buyers, or operators looking for flexibility, the clear-span format can simplify planning and reconfiguration as needs change. The retail focus of the asset, combined with its street exposure and proximity to freeway access, makes it a practical option for occupiers that want a single, adaptable space rather than a highly segmented layout.

    Local Financial Insights For Retail

    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 $197.5k $24.00
    − Vacancy −$6.5k −$0.79
    EGI $191.0k $23.21
    − OpEx −$57.3k −$6.96
    NOI $133.7k $16.25
    8,230 SF · lease $24.00/SF/yr · vacancy 3.30% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $1.91M
    $1.67M – $2.23M (±1% cap)
    NOI $133,701 @ 7.0% cap · market cap 6.70%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Healthcare Medical
    $3.24M
    $2.83M – $3.78M (±1% cap)
    NOI $226,571 @ 7.0% cap · market cap 11.36%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    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
    -120.6695017
    Latitude
    35.269937

    FAQs

    What type of property is this?
    Retail space - Versatile clear-span retail building with strong South Street exposure and convenient freeway access for occupants.
    Where is this retail space located?
    The property is located at 2191 Parker St San Luis Obispo, CA.
    What is the asking price?
    The asking price for this property is $1,995,000.
    What are key features of this property?
    This property features: Versatile clear‑span retail building; Excellent retail exposure on South Street; Convenient freeway access for occupants
    (805) 543-1400 Call to check price and availability
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message