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San Luis Obispo, CA Office Buildings for Sale

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Downtown Office Building with Parking
Updated: Jul 19
Downtown Office Building with Parking

1150 Palm ST, San Luis Obispo, CA 93401

$4,400,000
9,767 sqft
Fully occupied downtown San Luis Obispo office building on a prominent corner lot at Palm and Toro
9,767 SF office building built in 1986 with private offices, conference rooms, and open office space
29 on‑site parking spaces for clients and staff
High‑speed fiber optics, plus a kitchen and multiple workspace types to support professional uses
Renovated in 2012 by an award‑winning local architecture firm
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Two-Story Mixed-Use Building
Updated: Jun 26
Two-Story Mixed-Use Building

793 Higuera St, San Luis Obispo, CA 93401

$3,465,000
7,492 sqft
Two‑story mixed‑use building with office and retail space at the intersection of Higuera and Chorro Streets in downtown San Luis Obispo
±7,492 SF building with in‑place office and retail uses
Offered at $3,465,000 with a stated 4.88% cap rate
Tenant and foot‑traffic positioning near Mission San Luis Obispo and Cal Poly HotHouse innovation hub
Close to the Thursday night Farmers’ Market
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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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Two Office Buildings for Sale
Two Office Buildings for Sale

1402-1406 Marsh St, San Luis Obispo, CA 93401

$1,375,000
2,575 sqft

Two office buildings are zoned for office use, with potential conversion to residential properties and potential vacancy by August 2024.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 4 Active listings in San Luis Obispo, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 68 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.

Freestanding Office Building
Freestanding Office Building

607 Creston, Paso Robles, CA 93446

$600,000
1,336 sqft

Freestanding office building with five private offices, lobby/reception workspace, and restroom, plus an on-site attached parking lot.

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Renovated Office Building For Sale
Renovated Office Building For Sale

745 Park St, Paso Robles, CA

$1,450,000
3,180 sqft 0.32 AC lot

Fully renovated office building with 3,180 square feet available.

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Multi-Tenant Office Building
Multi-Tenant Office Building

8865 Morro Rd, Atascadero, CA 93422

Contact for pricing
6,200 sqft 0.41 AC lot

Two-story office building offers flexible condo-style suites with multiple exterior and interior access options.

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Remodeled Commercial Office Building
Remodeled Commercial Office Building

8795 Morro Road, Atascadero, CA 93422

$899,999

Remodeled office building with private offices, conference space, and a gated parking lot off rear alley access.

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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.

C-3 Commercial Development Land
C-3 Commercial Development Land

Wisteria Lane, Paso Robles, CA 93446

$1,400,000
2.20 AC lot

C-3 zoned commercial land parcel ready for development with completed off-site and on-site improvements, including fiber optic.

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C-3 Commercial Land Parcel
C-3 Commercial Land Parcel

Wisteria Lane, Paso Robles, CA 93446

$2,900,000
4.72 AC lot

C-3 zoned commercial parcel in a business park with completed on-site and off-site improvements, including fiber optic.

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C-3 Commercial Development Parcel
C-3 Commercial Development Parcel

Wisteria Lane, Paso Robles, CA 93446

$1,400,000
2.16 AC lot

C-3 zoned land parcel in a business park, offered with completed on-site and off-site improvements including fiber optic.

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Zoned Commercial Land Parcel
Zoned Commercial Land Parcel

Mission St, San Miguel, CA 93451

$249,450
0.17 AC lot

Vacant commercial land zoned CR, located on Mission St in San Miguel, CA 93451.

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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.

870 Osos St
OFFICE BUILDING

870 Osos St, San Luis Obispo, CA 93401-2717

$780,000
Estimated value
1,418 sqft 0.10 AC lot
View details
1304 Pacific St
OFFICE BUILDING

1304 Pacific St, San Luis Obispo, CA 93401-3318

Value Estimation by Request
1,999 sqft 0.28 AC lot
View details
1305 Marsh St
OFFICE BUILDING

1305 Marsh St, San Luis Obispo, CA 93401-3315

Value Estimation by Request
2,641 sqft 0.21 AC lot
View details
1980 Santa Barbara Ave
PROFESSIONAL BUILDING

1980 Santa Barbara Ave, San Luis Obispo, CA 93401

$4,000,000
Estimated value
13,792 sqft 0.72 AC lot
View details
2653 Victoria Ave
PROFESSIONAL BUILDING

2653 Victoria Ave, San Luis Obispo, CA 93401-5720

Value Estimation by Request
1,358 sqft 0.13 AC lot
View details
550 Foothill Blvd, Unit A
OFFICE BUILDING

550 Foothill Blvd, San Luis Obispo, CA 93405-1614

Unit A
Value Estimation by Request
1,133 sqft 0.22 AC lot
View details
1326 Chorro St
PROFESSIONAL BUILDING

1326 Chorro St, San Luis Obispo, CA 93401-4006

$1,210,000
Estimated value
3,296 sqft 0.14 AC lot
View details
820 Walnut St, Unit 1
PROFESSIONAL BUILDING

820 Walnut St, San Luis Obispo, CA 93401-2725

Unit 1
$680,000
Estimated value
2,193 sqft 0.22 AC lot
View details
11595 Los Osos Vly Rd
PROFESSIONAL BUILDING

11595 Los Osos Vly Rd, San Luis Obispo, CA 93405

$3,050,000
Estimated value
7,687 sqft 0.64 AC lot
View details
1141 Pacific St
PROFESSIONAL BUILDING

1141 Pacific St, San Luis Obispo, CA 93401-3304

Value Estimation by Request
712 sqft 0.37 AC lot
View details
1137 Pacific St
OFFICE BUILDING

1137 Pacific St, San Luis Obispo, CA 93401-3353

Value Estimation by Request
1,676 sqft 0.19 AC lot
View details
1118 Palm St
OFFICE BUILDING

1118 Palm St, San Luis Obispo, CA 93401-3114

$1,305,000
Estimated value
2,068 sqft 0.28 AC lot
View details
751 Marsh St Ste, Unit 100
PROFESSIONAL BUILDING

751 Marsh St Ste, San Luis Obispo, CA 93401-4085

Unit 100
$12,000,000
Estimated value
5,424 sqft 0.54 AC lot
View details
960 Toro St
OFFICE BUILDING

960 Toro St, San Luis Obispo, CA 93401-3120

Value Estimation by Request
1,124 sqft 0.11 AC lot
View details
1322 Morro St
OFFICE BUILDING

1322 Morro St, San Luis Obispo, CA 93401-4028

Value Estimation by Request
1,698 sqft 0.14 AC lot
View details
3534 Empleo St
PROFESSIONAL BUILDING

3534 Empleo St, San Luis Obispo, CA 93401-7333

Value Estimation by Request
7,042 sqft 0.43 AC lot
View details
280 Pismo St
PROFESSIONAL BUILDING

280 Pismo St, San Luis Obispo, CA 93401-4204

$2,170,000
Estimated value
1,350 sqft 0.50 AC lot
View details
11549 Los Osos Vly Rd Ste, Unit 100
PROFESSIONAL BUILDING

11549 Los Osos Vly Rd Ste, San Luis Obispo, CA 93405-6422

Unit 100
$1,435,000
Estimated value
7,936 sqft 0.48 AC lot
View details
11555 Los Osos Vly Rd Ste, Unit 100
PROFESSIONAL BUILDING

11555 Los Osos Vly Rd Ste, San Luis Obispo, CA 93405-6425

Unit 100
$1,265,000
Estimated value
7,074 sqft 0.51 AC lot
View details
1037 Ml St
OFFICE BUILDING

1037 Ml St, San Luis Obispo, CA 93401-2762

Value Estimation by Request
1,204 sqft 0.16 AC lot
View details

San Luis Obispo, CA Office Buildings Market Trends and Statistics

Explore 72 office buildings for sale in San Luis Obispo, CA, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 19,834 square feet of properties for sale, with an estimated market value of $9,240,000.

Sale prices for office properties in San Luis Obispo, CA start at $1,375,000, averaging $3,080,000, and reaching up to $4,400,000 — 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 85
Medical Office Space 16
Office buildings 6
Creative space 2

Demographics Overview

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

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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