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1410 Marsh St San Luis Obispo, CA 93401

Sponsored
For Sale
$1,030,000

Craftsman Office, 100% Occupied

Property size:
1,294 SF

Description

Added:
Dec 11, 2024
Days on Market:
392
This exceptional Craftsman-style office building in downtown San Luis Obispo, CA, presents a compelling investment opportunity. The property, located at 1410 Marsh St, boasts 1,294 square feet of space, currently 100% occupied under a short-term NNN lease. The building features four private offices, an open work area, and a handicap-accessible ramp. Four on-site parking spaces are included. The property sits on a 6,000 square foot lot and is zoned O, permitting both office and residential uses. The asking price is $1,030,000, representing a 3.81% cap rate and a price per square foot of $795.98. Detailed financial information, including the rent roll, and a virtual tour are available upon request. Note that there is additional second-floor space not included in the listed square footage. An adjacent property (1402/1406 Marsh St) is also available for sale, and both properties may be purchased together at a discounted price. This presents a unique chance to acquire a well-located, income-producing asset in a thriving downtown area. The property's APN is 001-232-009. This is a two-story Class B building.

Property Features for 1410 Marsh St

General Information

Property type
Office Properties & Spaces
Square Feet
1,294 SF
Class
B

Building Details

Stories
2

HighLights

  • Exceptional Craftsman‑style office building in downtown San Luis Obispo, CA.
  • 1,294 square foot building on a 6,000 square foot lot, currently 100% occupied under a short‑term NNN lease.
  • Four private offices, open workspace, handicap‑accessible ramp, and four on‑site parking spaces.
  • Zoned O, allowing for office and residential uses.
  • Asking price: $1,030,000, 3.81% cap rate, $795.98/SF.
  • Adjacent property also available for sale.
Property Profile Location Intelligence

Current Use by Public Records

Dallas K. Mosier, ... Attorney Slocum Wealth Management Financial Planner

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

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
-120.65413009534
Latitude
35.284157411129

FAQs

What type of property is this?
Office Property / Space - Craftsman Office, 100% Occupied
Where is this office property / space located?
The property is located at 1410 Marsh St San Luis Obispo, CA.
What is the asking price?
The asking price for this property is $1,030,000.
What are key features of this property?
This property features: Exceptional Craftsman-style office building in downtown San Luis Obispo, CA.; 1,294 square foot building on a 6,000 square foot lot, currently 100% occupied under a short-term NNN lease.; Four private offices, open workspace, handicap-accessible ramp, and four on-site parking spaces.
More about this property
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