Four-Suite Professional Medical
For Sale
$1,650,000
Pending
894 Meinecke AVE, San Luis Obispo, CA 93405
Well maintained four-suite office building with long-term tenancies, located one block from Sierra Vista Hospital.
Property SizeContact for details
Days on Market72
Property Features for 894 Meinecke AVE
General Information
Standard status
Pending
Property subtype
Commercial/Industrial
Additional Details
Highway Access
Yes
Office Units
4
Building Details
Year Built
1978
Tenancy
Multi
Listing Agency:
Anderson & Senn Commercial Real Estate
(805) 543-1400
Listed By:
Derek Senn · License #01252131
(805) 801-7352
Source:
Exitrealty
Added: Jun 26
Changed: Aug 25
Last Checked: Aug 24 at 3:17AM
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 & Senn Commercial Real Estate
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
Property Profile
Current Use
Lease Details
4
Office units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,350
Businesses Nearby
Explore this area
Business Placement
Demographics for 93405, CA
23,331
Population
9,687
Households
2.4
Avg Household Size
28
Median Age
52%
College-Educated
95%
High-School Grad
89.7 sq mi
ZIP Area
260
Density / Sq Mi
$52,481
Median Household Income
$12,402
Median Earnings
$1,936
Median Rent
$897,800
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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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 AVE 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
