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Four-Suite Professional Medical Office

894 Meinecke San Luis Obispo, CA 93405

894 Meinecke, San Luis Obispo, CA, 93405
$1,650,000
For Sale
$1,650,000

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

Days on Market20

Property Features for 894 Meinecke

General Information

Standard status
Active
Property subtype
Commercial

Building Details

Year Built
1978
Listing agency Anderson & Senn Commercial Real Estate
Listed by Derek Senn · License #01252131
Source Elliman
Added: Jul 2 Updated: Jul 21 at 4:11AM Checked: Jul 21 at 4:11AM

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).

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 by Public Records

Salas O'Brien Telecommunications Service Julie L. Mcsorley, ... Physician Aspire Physical Therapy Medical Clinic Amanda Parreira, O.D. Physician Vision Source Physician

Suggested Use

HVAC Service (Bike/Boat/Book/etc) Store Furniture & Home Goods Locksmith Home Appliance Store Electrical Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Building Supply Butcher

Zoning and permitted uses should be independently verified with local authorities.

FAQs

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
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