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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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    Two-Unit Medical Office Building
    Updated: Apr 21, 2025
    Two-Unit Medical Office Building

    1338 Santa Rosa Street, San Luis Obispo, CA 93401

    $1,950,000
    3,861 sqft
    Two independent medical office suites in the Santa Rosa Professional Building at 1338‑1340 Santa Rosa Street
    Built in 1962 and currently operated as a 2‑unit dental office since construction
    Each suite offers approximately 1,930 SF with mirror‑image floorplans
    Property features a corner lot and level, rectangular topography
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    This listing looks promising.

    Here's a quick look at some key insights for

    1338 Santa Rosa Street, San Luis Obispo, CA 93401

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    • Est. Cap Rate

      5.5%
      NOI ÷ price

    • Est. NOI

      $106K
      Annual

    • Price @ 7% Cap

      $1.52M
      Suggested

    • Last Sold

      May 2012
      $525K

    • Property Type

      Medical Building
      Built 1962
    View Property Analytics
    Turnkey Medical Office Building
    Updated: Mar 28
    Turnkey Medical Office Building

    699 California Blvd, San Luis Obispo, CA 93401

    $2,150,000
    3,000 sqft
    Single‑level 3,000 SF medical office building built in 2005 and rebuilt in 2005
    Two separate 1,500 SF suites with floorplans suited for healthcare providers or other professionals
    Each suite includes two private ADA‑compliant restrooms, waiting room, and reception area
    Multiple exam rooms plus functional back offices and storage areas in each suite
    15 on‑site parking spaces for patients and staff
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    Medical Condo with Onsite Parking
    Medical Condo with Onsite Parking

    1250 Peach St H, San Luis Obispo, CA 93401

    $525,000
    0.03 AC lot

    Well-appointed medical condo near Highway 101 with onsite parking.

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    Medical Office with Conference Rooms
    Medical Office with Conference Rooms

    805 Aerovista Pl, San Luis Obispo, CA 93401

    Contact for pricing
    4,012 sqft

    Modern office suite includes seven private offices, an executive conference room, and a full break room.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Four-Suite Professional Medical Office
    Four-Suite Professional Medical Office

    894 Meinecke, San Luis Obispo, CA 93405

    $1,650,000

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

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    Medical Office and Executive Suite
    Medical Office and Executive Suite

    805 Aerovista Pl, San Luis Obispo, CA 93401

    Contact for pricing
    4,054 sqft

    Modern office buildout includes private offices, a conference room, open bullpens, and a break room.

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    Medical Office Corner Suite
    Medical Office Corner Suite

    689 Tank Farm Rd, San Luis Obispo, CA 93401

    Contact for pricing
    7,727 sqft

    Medical office suite with open layout, conference room, kitchenette, and elevator access within a corner location.

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    Freestanding Medical Office Building
    Freestanding Medical Office Building

    3565 S Higuera, San Luis Obispo, CA 93401

    Contact for pricing
    2,800 sqft

    Freestanding former chiropractic office features an efficient layout, generous reception, and 10 on-site parking spaces.

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    Medical Office Suite with Exam Rooms
    Medical Office Suite with Exam Rooms

    1551 Bishop Unit B210, San Luis Obispo, CA 93401

    Contact for pricing
    1,659 sqft

    A 1,659 SF medical office suite with ample parking, including five exam rooms and a reception area.

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    Medical Office Suite with Parking
    Medical Office Suite with Parking

    620 California Unit G, San Luis Obispo, CA 93401

    Contact for pricing
    3,098 sqft

    Medical suite currently configured for pediatric dentistry with on-site parking near Highway 101.

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    Leased Medical Surgery Center Suites
    Leased Medical Surgery Center Suites

    1304 Ella St CD, San Luis Obispo, CA 93401

    $3,515,000

    Fully leased surgery center plus an administrative office interest, both occupied through 2030.

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 11 Active listings in San Luis Obispo, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 61 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Converted Residential Office Building
    Converted Residential Office Building

    117 E Fesler Street, Santa Maria, CA 93454

    $595,000
    1,402 sqft 0.17 AC lot

    Converted home with multiple private offices, reception area, and onsite parking in Santa Maria.

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    End Unit Medical Office Condo
    End Unit Medical Office Condo

    4555 El Camino Real Unit A, Atascadero, CA 93422

    $493,500
    2,053 sqft

    End unit medical office condo with reception, three offices, two bathrooms, and ample parking within San Anselmo Center.

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    Medical Office with Exam Rooms
    Medical Office with Exam Rooms

    821 E Chapel St, Santa Maria, CA 93454

    Contact for pricing
    1,306 sqft

    Well-appointed medical office suite with exam rooms, waiting and reception areas, and ample parking.

    View details
    Medical/Professional Office Building For Sale
    Medical/Professional Office Building For Sale

    8655 Morro Rd, Atascadero, CA 93422

    $1,790,000
    0.42 AC lot

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

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Visalia Commercial Land Opportunity
    Visalia Commercial Land Opportunity

    4242 West Mineral King Avenue, Visalia, CA 93291

    $269,500
    18,152 sqft 0.42 AC lot

    Unimproved parcel for custom headquarters in Visalia's professional hub.

    View details
    Visalia Land Parcel Opportunity
    Visalia Land Parcel Opportunity

    4232 West Mineral King Avenue, Visalia, CA 93291

    $239,500
    15,581 sqft 0.36 AC lot

    Unimproved land parcel for custom professional headquarters in Visalia, CA.

    View details
    Vacant Commercial Development Lot
    Vacant Commercial Development Lot

    704 N Fresno Street, Fresno, CA 93701

    $199,900
    0.34 AC lot

    Vacant commercial lot near Fresno Community Regional Medical Center and Hwy 41/Tulare Ave exit.

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    Ridgecrest Commercial Parcel For Sale
    Ridgecrest Commercial Parcel For Sale

    067-024-01 N Norma St, Ridgecrest, CA 93555

    $89,500
    0.39 AC lot

    Prime commercial land in a high-growth business hub.

    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

    Value Estimation 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

    $1,415,000
    Estimated value
    2,625 sqft 0.06 AC lot
    View details
    71 Zaca Ln
    MEDICAL BUILDING

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

    $2,145,000
    Estimated value
    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
    $1,005,000
    Estimated value
    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
    $1,250,000
    Estimated value
    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
    Value Estimation by Request
    1,132 sqft 0.08 AC lot
    View details
    1147 Marsh St
    MEDICAL BUILDING

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

    $1,110,000
    Estimated value
    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

    Value Estimation by Request
    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

    Value Estimation by Request
    928 sqft 0.02 AC lot
    View details
    1245 Broad St
    MEDICAL BUILDING

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

    $1,985,000
    Estimated value
    4,313 sqft 0.16 AC lot
    View details
    990 Boysen Ave
    MEDICAL BUILDING

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

    $935,000
    Estimated value
    1,861 sqft 0.22 AC lot
    View details
    1941 Johnson Ave
    MEDICAL BUILDING

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

    $1,385,000
    Estimated value
    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

    $1,345,000
    Estimated value
    6,144 sqft 0.42 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 11 active listings on our real estate platform. These investment opportunities span a total of 30,211 square feet of properties for sale, with an estimated market value of $9,790,000.

    Sale prices for medical spaces in San Luis Obispo, CA start at $525,000, averaging $1,958,000, and reaching up to $3,515,000 — 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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    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 120
    Medical Office Space 26
    Office buildings 10
    Creative space 4

    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
    93405 $995K
    93401 $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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