Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    994 Mill St San Luis Obispo, CA 93401

    For Lease
    $33 SF/Yr

    Prime Office Space, Parking Included

    Lot size:
    5,174 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional two-story office building, located at 994 Mill Street in San Luis Obispo, California (zip code 93401), offers 5,174 square feet of vacant, high-quality traditional office space. Situated at the corner of Mill and Osos Streets, this property boasts a highly desirable location, just steps from the vibrant downtown core and with convenient access to Highways 101 and 1. The building is zoned for office use and is part of San Luis Obispo County. The main office suite, situated on the first floor, features a spacious layout including several large open work areas, perfect for collaborative work environments. In addition, the suite includes three private offices, ideal for individual work or executive suites, a functional conference room for meetings and presentations, a convenient kitchenette, and multiple bathrooms for employee and client use. Eleven on-site parking spaces are included, a significant advantage in a downtown location. The building also offers prominent monument signage on Mill Street, providing excellent visibility and brand recognition. This is a rare opportunity to secure a large, well-appointed office space in a prime downtown location with the added benefit of ample on-site parking. The property's central location and amenities make it an ideal choice for businesses seeking a prestigious and convenient address.

    Property Features for 994 Mill St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,174 SF

    Building Details

    Stories
    2

    Unit(s) available at that property

    Space
    994 Mill Street
    Size
    5,174 SF
    Rate per SF
    $33
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Julie Vogado, Bankers ... Insurance Agency Bankers Life and Casualty ... Insurance Agency Brian Ross, Bankers ... Insurance Agency Richard Malotte, Bankers ... Insurance Agency William Armenio, Bankers ... Insurance Agency

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Daycare Center 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
    -120.6631468
    Latitude
    35.2835794

    Nearby Similar for Lease

    • Contact for pricing
      6,500 SF

      Turn-key Restaurant/Brewery in San Luis Obispo

      6,500 SF restaurant/brewery space available for lease.
      114 Tank Farm Rd, San Luis Obispo, CA 93401
      View Details
    • $1.75 SF/Yr
      2,159 SF

      San Luis Obispo Office Space

      Professional office building near airport with upscale finishes and furnishings.
      735 Tank Farm Rd, San Luis Obispo, CA 93401
      View Details
    • Contact for pricing
      1,660 SF

      San Luis Obispo Office Space

      Office suite with reception, conference room, and open work area.
      225 Prado Rd, San Luis Obispo, CA 93401
      View Details
    • Contact for pricing
      660 SF

      Office Space in San Luis Obispo

      Two-office layout suitable for sales or therapy with a view.
      225 Prado Rd, San Luis Obispo, CA 93401
      View Details
    • Contact for pricing
      5,940 SF

      San Luis Obispo Restaurant Opportunity

      Freeway visible restaurant space with EV charging station potential.
      1585 Calle Joaquin, San Luis Obispo, CA 93405
      View Details
    • Contact for pricing
      33,500 SF

      SLO Ranch Farm Marketplace Lease

      Commercial spaces available in new SLO Ranch Farm and Marketplace.
      Froom Ranch Way, San Luis Obispo, CA 93401
      View Details

    FAQs

    What type of property is this?
    Office Property / Space - Prime Office Space, Parking Included
    Where is this office property / space located?
    The property is located at 994 Mill St San Luis Obispo, CA.
    What is the lease rate?
    The lease rate is $33 SF/Yr.
    Request Owner's contact information
    994 Mill St San Luis Obispo, CA 93401
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    994 Mill St
    San Luis Obispo, CA 93401
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    994 Mill St San Luis Obispo, CA 93401
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.