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    San Luis Obispo, CA
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    San Luis Obispo, CA Medical Office Space for Sale

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    Four-Suite Professional Medical Office
    Updated: Jul 2
    Four-Suite Professional Medical Office

    894 Meinecke, San Luis Obispo, CA 93405

    $1,650,000
    4,814 sqft
    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
    Located one block from Sierra Vista Hospital
    Close to Cal Poly and a short drive to the U.S. 101 interchange
    View details
    Medical Office Corner Suite
    Updated: Jul 25
    Medical Office Corner Suite

    689 Tank Farm, San Luis Obispo, CA 93401

    $2,450,000
    7,727 sqft
    Corner medical office space at Broad Street and Tank Farm Road in San Luis Obispo
    Suite 140: approx. 4,769 SF, open layout with offices plus a conference room and kitchenette area
    Suite 120: approx. 3,131 SF and currently occupied
    Building includes elevator service and common area restrooms throughout
    Suite 140 available for lease at $1.75/SF NNN ($0.94)
    View details
    Santa Rosa Professional Building ForSale
    Santa Rosa Professional Building ForSale

    1338 Santa Rosa St, San Luis Obispo, CA 93401

    $1,950,000
    3,860 sqft 0.34 AC lot

    Two-unit medical/general office building constructed in 1962.

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    See what stands out in San Luis Obispo County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

    Cap Rate available after sign in
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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 3 Active listings in San Luis Obispo, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 69 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Medical/Professional Office Building For Sale
    Medical/Professional Office Building For Sale

    8655 Morro Rd, Atascadero, CA 93422

    $1,450,000
    4,800 sqft 0.42 AC lot

    Medical/Professional office building with five suites in Atascadero.

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    Multi-Tenant Office Building
    Multi-Tenant Office Building

    1414 S Miller St Unit 7a, Santa Maria, CA 93454

    $6,195,000
    34,595 sqft 2.50 AC lot

    Central Santa Maria property with diverse office, medical, restaurant, and executive-suite configurations.

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    Medical Office Suite For Sale
    Medical Office Suite For Sale

    821 E Chapel St 102, Santa Maria, CA 93454

    $400,000

    Efficient medical office suite with convenient patient access.

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    Medical/Professional Office Building For Sale
    Medical/Professional Office Building For Sale

    8655 Morro Road, Atascadero, CA 93422

    $1,790,000

    Medical/Professional office building with five suites, excellent visibility.

    View details

    Off-Market Properties in San Luis Obispo, CA

    Consider similar Off-Market properties in San Luis Obispo, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    15 Santa Rosa St
    MEDICAL BUILDING

    15 Santa Rosa St, San Luis Obispo, CA 93405-1811

    Estimated value:
    by Request
    1,746 sqft 0.38 AC lot
    View details
    100 Casa St Ste B
    MEDICAL BUILDING

    100 Casa St Ste B, San Luis Obispo, CA 93405-8803

    Estimated value:
    $1,455,000
    2,625 sqft 0.06 AC lot
    View details
    71 Zaca Ln
    MEDICAL BUILDING

    71 Zaca Ln, San Luis Obispo, CA 93401-7300

    Estimated value:
    $370,000
    11,697 sqft 0.78 AC lot
    View details
    21 Santa Rosa St Ste, Unit 50
    MEDICAL BUILDING

    21 Santa Rosa St Ste, San Luis Obispo, CA 93405-5808

    Unit 50
    Estimated value:
    $450,000
    2,148 sqft 0.05 AC lot
    View details
    1551 Bishop St Ste, Unit 240
    MEDICAL BUILDING

    1551 Bishop St Ste, San Luis Obispo, CA 93401-4661

    Unit 240
    Estimated value:
    $1,250,000
    2,277 sqft 0.05 AC lot
    View details
    1551 Bishop St Ste, Unit 440
    MEDICAL BUILDING

    1551 Bishop St Ste, San Luis Obispo, CA 93401-4663

    Unit 440
    Estimated value:
    $380,000
    1,132 sqft 0.08 AC lot
    View details
    1147 Marsh St
    MEDICAL BUILDING

    1147 Marsh St, San Luis Obispo, CA 93401-3323

    Estimated value:
    $1,110,000
    4,235 sqft 0.11 AC lot
    View details
    1250 Peach St Ste J
    MEDICAL BUILDING

    1250 Peach St Ste J, San Luis Obispo, CA 93401-2882

    Estimated value:
    $260,000
    928 sqft 0.03 AC lot
    View details
    1250 Peach St Ste C
    MEDICAL BUILDING

    1250 Peach St Ste C, San Luis Obispo, CA 93401-2873

    Estimated value:
    $325,000
    928 sqft 0.02 AC lot
    View details
    1245 Broad St
    MEDICAL BUILDING

    1245 Broad St, San Luis Obispo, CA 93401-3907

    Estimated value:
    $2,395,000
    4,313 sqft 0.16 AC lot
    View details
    990 Boysen Ave
    MEDICAL BUILDING

    990 Boysen Ave, San Luis Obispo, CA 93405-1313

    Estimated value:
    $1,020,000
    1,861 sqft 0.22 AC lot
    View details
    1941 Johnson Ave
    MEDICAL BUILDING

    1941 Johnson Ave, San Luis Obispo, CA 93401-4163

    Estimated value:
    $1,385,000
    36,194 sqft 2.11 AC lot
    View details
    1304 Ella St Ste C
    MEDICAL BUILDING

    1304 Ella St Ste C, San Luis Obispo, CA 93401-4167

    Estimated value:
    $1,490,000
    6,144 sqft 0.42 AC lot
    View details
    140 Casa St
    MEDICAL BUILDING

    140 Casa St, San Luis Obispo, CA 93405-1804

    Estimated value:
    $1,430,000
    2,219 sqft 0.20 AC lot
    View details
    1551 Bishop St Ste, Unit 320
    MEDICAL BUILDING

    1551 Bishop St Ste, San Luis Obispo, CA 93401-4637

    Unit 320
    Estimated value:
    $385,000
    751 sqft 0.04 AC lot
    View details
    683 California Blvd Ste, Unit 110
    MEDICAL BUILDING

    683 California Blvd Ste, San Luis Obispo, CA 93401-2582

    Unit 110
    Estimated value:
    $1,720,000
    4,046 sqft 0.24 AC lot
    View details
    1551 Bishop St Ste, Unit 250
    MEDICAL BUILDING

    1551 Bishop St Ste, San Luis Obispo, CA 93401-4661

    Unit 250
    Estimated value:
    $600,000
    1,132 sqft 0.03 AC lot
    View details
    891 Pismo St
    MEDICAL BUILDING

    891 Pismo St, San Luis Obispo, CA 93401-4017

    Estimated value:
    $705,000
    2,048 sqft 0.12 AC lot
    View details
    1551 Bishop St Ste, Unit 410
    MEDICAL BUILDING

    1551 Bishop St Ste, San Luis Obispo, CA 93401-4663

    Unit 410
    Estimated value:
    $935,000
    1,978 sqft 0.05 AC lot
    View details
    1551 Bishop St Ste, Unit 430
    MEDICAL BUILDING

    1551 Bishop St Ste, San Luis Obispo, CA 93401-4663

    Unit 430
    Estimated value:
    $695,000
    1,070 sqft 0.02 AC lot
    View details
    1100 Grv St
    MEDICAL BUILDING

    1100 Grv St, San Luis Obispo, CA 93401-2914

    Estimated value:
    $1,040,000
    1,298 sqft 0.16 AC lot
    View details

    San Luis Obispo, CA Medical Office Space Market Trends and Statistics

    Explore 72 medical office space for sale in San Luis Obispo, CA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 16,401 square feet of properties for sale, with an estimated market value of $6,050,000.

    Sale prices for medical spaces in San Luis Obispo, CA start at $1,650,000, averaging $2,016,666, and reaching up to $2,450,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 101
    Medical Office Space 18
    Office buildings 8
    Creative space 2

    Demographics Overview

    Population 79K
    Population Growth (5Y) -12.3%
    Median Household Income $82,388
    College Educated 27.6%

    High-Yield Neighborhoods for Investment

    Identify San Luis Obispo submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    93401 $1.2M
    93405 $1.7M

    Taxes & Financing

    Tax Rate (average for all types) 1.14%
    Property Tax per SF $13.51 per SF
    Tax Rate vs County Average 0.01 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in San Luis Obispo County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in San Luis Obispo fall within the 10,000 to 25,000 square foot range.

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