Mixed-Use
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San Luis Obispo, CA Mixed-use Properties for Sale

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6 properties
Commercial Land with Surveys
Updated: Jun 26
Commercial Land with Surveys

973 Higuera ST, San Luis Obispo, CA 93401

$1,895,000
0.14 AC lot
5,903‑square‑foot commercial land parcel
0.1355‑acre site at 973 Higuera ST
Currently used as a vacant parking lot
COML LOT zoning designation
Completed surveys included
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Two-Story Mixed-Use Property
Updated: Aug 17
Two-Story Mixed-Use Property

668 Marsh, San Luis Obispo, CA 93401

$2,500,000
6,880 sqft
Approximately 6,880‑square‑foot mixed‑use property
Two‑story building constructed in 1988
Multi‑tenant retail and professional office configuration
Prominent Marsh Street frontage near Marsh and Broad Streets
Downtown setting near restaurants, shopping, hotels, nightlife, and cultural attractions
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Mixed-Use Development Site
Mixed-Use Development Site

1390 Walker St, San Luis Obispo, CA 93401

$4,600,000
1,420 sqft 1.10 AC lot

City-approved for a 49-unit residential project and includes an existing 1,420 sq ft commercial building with added approval.

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Mixed-Use Development Land
Mixed-Use Development Land

973 Higuera St, San Luis Obispo, CA 93401

$1,895,000

Vacant downtown parcel surrounded by retail, offices, government services, and restaurants.

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Mixed-Use Property with Parking
Mixed-Use Property with Parking

1085 Higuera St, San Luis Obispo, CA 93401

Contact for pricing

Downtown mixed-use property with private parking, flexible suites, high-end finishes, and separate climate control.

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San Luis Square Mixed-Use Property
San Luis Square Mixed-Use Property

581 Higuera St, San Luis Obispo, CA 93401

Contact for pricing

Fully entitled project site near downtown retail, restaurants, the farmers market, and Cal Poly San Luis Obispo.

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Based on your search, we've compiled 77 Potential Opportunities for your consideration. Besides 6 Active listings in San Luis Obispo, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 66 Off-Market properties to explore as potential leads, plus 1 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.

Mixed-Use Property with Retail
Mixed-Use Property with Retail

1218-1220 E Grand Ave, Arroyo Grande, CA 93420

$1,499,000
0.50 AC lot

Mixed-use strip property with a front retail building and three residential units plus dedicated parking areas.

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Mixed-Use Property with Residential Units
Mixed-Use Property with Residential Units

Arroyo Grande, CA 93420

$1,499,000
0.50 AC lot

Half-acre property combines three residences, a refinished commercial building, dedicated parking, patios, and rear expansion possibilities.

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Grover Beach Mixed-Use Redevelopment Opportunity
Grover Beach Mixed-Use Redevelopment Opportunity

294 N 4th St, Grover Beach, CA 93433

$999,000
0.26 AC lot

Two parcels totaling 11,326 SF in Grover Beach.

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Ground Floor Retail Condo Cold Shell
Ground Floor Retail Condo Cold Shell

401 W Grand Avenue 2-2, Grover Beach, CA 93433

$725,000

Ground floor commercial condo delivered as a cold shell, positioned for restaurant, coffee, or retail uses in a new mixed-use series.

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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.

Oceano Dunes Double Lot
Oceano Dunes Double Lot

1830 Laguna, Oceano, CA 93445

Contact for pricing

Rare 6,000 sqft lot near Oceano Dunes.

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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.

3592 Sacramento Dr
MIXED USE (COMMERCIAL/INDUSTRIAL)

3592 Sacramento Dr, San Luis Obispo, CA 93401-7225

Value Estimation by Request
5,504 sqft 0.13 AC lot
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1402 Marsh St Sta, Unit A
OFFICE/RESIDENTIAL (MIXED USE)

1402 Marsh St Sta, San Luis Obispo, CA 93401-2922

Unit A
$440,000
Estimated value
1,107 sqft 0.14 AC lot
View details
3046 Higuera St
MIXED USE (COMMERCIAL/INDUSTRIAL)

3046 Higuera St, San Luis Obispo, CA 93401-6622

$60,000
Estimated value
0.21 AC lot
View details
128 Casa St
OFFICE/RESIDENTIAL (MIXED USE)

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

Value Estimation by Request
1,064 sqft 0.40 AC lot
View details
811 Ricardo Ct
MIXED USE (COMMERCIAL/INDUSTRIAL)

811 Ricardo Ct, San Luis Obispo, CA 93401-7174

$385,000
Estimated value
2,248 sqft 0.23 AC lot
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853 Higuera St
OFFICE/RESIDENTIAL (MIXED USE)

853 Higuera St, San Luis Obispo, CA 93401-3609

$6,200,000
Estimated value
31,263 sqft 0.50 AC lot
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202 Tank Farm Rd, Unit 3
MIXED USE (COMMERCIAL/INDUSTRIAL)

202 Tank Farm Rd, San Luis Obispo, CA 93401-7520

Unit 3
$415,000
Estimated value
3,200 sqft 0.09 AC lot
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2017 Chorro St
OFFICE/RESIDENTIAL (MIXED USE)

2017 Chorro St, San Luis Obispo, CA 93401-5206

$810,000
Estimated value
725 sqft 0.08 AC lot
View details
210 Tank Farm Rd, Unit F2
MIXED USE (COMMERCIAL/INDUSTRIAL)

210 Tank Farm Rd, San Luis Obispo, CA 93401-7508

Unit F2
$1,310,000
Estimated value
4,964 sqft 0.11 AC lot
View details
2945 Mcmillan Ave Ste, Unit 248
MIXED USE (COMMERCIAL/INDUSTRIAL)

2945 Mcmillan Ave Ste, San Luis Obispo, CA 93401-6771

Unit 248
$990,000
Estimated value
17,136 sqft 1.10 AC lot
View details
750 Woodbridge St
OFFICE/RESIDENTIAL (MIXED USE)

750 Woodbridge St, San Luis Obispo, CA 93401-5728

$830,000
Estimated value
866 sqft 0.13 AC lot
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212 Tank Farm Rd, Unit G1
MIXED USE (COMMERCIAL/INDUSTRIAL)

212 Tank Farm Rd, San Luis Obispo, CA 93401-7508

Unit G1
$255,000
Estimated value
4,500 sqft 0.10 AC lot
View details
710 Fiero Ln
MIXED USE (COMMERCIAL/INDUSTRIAL)

710 Fiero Ln, San Luis Obispo, CA 93401-7900

$385,000
Estimated value
1,600 sqft 0.04 AC lot
View details
3536 Higuera St Ste, Unit 204
MIXED USE (COMMERCIAL/INDUSTRIAL)

3536 Higuera St Ste, San Luis Obispo, CA 93401-7351

Unit 204
$460,000
Estimated value
15,840 sqft 3.98 AC lot
View details
175 Brk St
OFFICE/RESIDENTIAL (MIXED USE)

175 Brk St, San Luis Obispo, CA 93401-5402

$335,000
Estimated value
844 sqft 0.08 AC lot
View details
202 Tank Farm Rd, Unit H
MIXED USE (COMMERCIAL/INDUSTRIAL)

202 Tank Farm Rd, San Luis Obispo, CA 93401-7520

Unit H
$2,225,000
Estimated value
6,200 sqft 0.14 AC lot
View details
3563 Sueldo St Ste B
MIXED USE (COMMERCIAL/INDUSTRIAL)

3563 Sueldo St Ste B, San Luis Obispo, CA 93401-7331

$275,000
Estimated value
1,416 sqft 0.03 AC lot
View details
3563 Sueldo St Ste A
MIXED USE (COMMERCIAL/INDUSTRIAL)

3563 Sueldo St Ste A, San Luis Obispo, CA 93401-7331

$305,000
Estimated value
1,401 sqft 0.03 AC lot
View details

San Luis Obispo, CA Mixed-Use Properties Market Trends and Statistics

Explore 72 mixed-use properties for sale in San Luis Obispo, CA, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 8,300 square feet of properties for sale, with an estimated market value of $10,890,000.

Sale prices for multi use buildings in San Luis Obispo, CA start at $1,895,000, averaging $2,722,500, and reaching up to $4,600,000 — 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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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 $3.6M

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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