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    San Luis Obispo, CA Office Spaces 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

    • Mortgage

      $425K
      May 2012

    • Last Sold

      May 2012
      $525K

    • Property Type

      Medical Building
      Built 1962
    View Property Analytics
    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
    Two-Story Mixed-Use Building

    793 Higuera St, San Luis Obispo, CA 93401

    $3,465,000
    7,492 sqft

    Two-story building with office and retail space located at the intersection of Higuera and Chorro Streets in downtown San Luis Obispo.

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    Downtown SLO Historical Office Property
    Downtown SLO Historical Office Property

    1334 Chorro St, San Luis Obispo, CA 93401

    $1,599,000
    1,600 sqft

    Historical downtown San Luis Obispo office property with potential residential expansion.

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    Modern Office Condo Suite
    Modern Office Condo Suite

    433 Marsh St, San Luis Obispo, CA 93401

    $525,000
    512 sqft

    Bright open office condo with an ADA-compliant restroom, reception area, and one dedicated on-site parking space.

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    Bright Office Suite with Views
    Bright Office Suite with Views

    1035 Peach St 302, San Luis Obispo, CA 93401

    $450,000
    1,155 sqft 0.02 AC lot

    Third-floor office suite with natural light and city views.

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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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    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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    Built-Out Office Condominium Suite
    Built-Out Office Condominium Suite

    3591 Sacramento Dr, San Luis Obispo, CA 93401

    $289,900

    Fully furnished, turnkey office condo designed for owner-users seeking a move-in ready workspace.

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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 10 Active listings in San Luis Obispo, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 62 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.

    Professional Office Condominiums For Sale
    Professional Office Condominiums For Sale

    200 S 13th St, Grover Beach, CA 93433

    $290,000
    2,184 sqft

    Two office condominiums totaling 2,184 SF available for sale.

    View details
    Mixed-Use Coastal Income Building
    Mixed-Use Coastal Income Building

    74 San Francisco St, Avila Beach, CA 93424

    $3,496,000

    Mixed-use property with two residential units and two commercial units, plus two short-term vacation rentals with dedicated parking.

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    Retail Restaurant Office Space
    Retail Restaurant Office Space

    445 1st St, Avila Beach, CA

    $735,000

    Flexible retail, restaurant, or office layout with display area, private office/storage, and restroom near the beach.

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    Co-Joined Medical Office Condo Suites
    Co-Joined Medical Office Condo Suites

    200 S 13th St, Ste 211-212, Grover Beach, CA 93433

    Contact for pricing
    2,184 sqft

    Condo suites 211 and 212 are co-joined and currently used as storage, with security and ample parking on site.

    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.

    Neighborhood Commercial Land Site
    Neighborhood Commercial Land Site

    2040 Prado Road, San Luis Obispo, CA 93401

    $3,900,000
    3.59 AC lot

    Neighborhood Commercial zoned land with a completed Blue Top pad and offsite improvements, offering retail, office, and medical use options.

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    Commercial Land Zoned CR
    Commercial Land Zoned CR

    155 Cow Meadow Place, Paso Robles, CA 93446

    $700,000
    2.07 AC lot

    2.07-acre parcel zoned CR, available for sale and suited for commercial development planning.

    View details
    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.

    View details
    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.

    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.

    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
    3591 Sacramento Dr Ste, Unit 112
    CONDOMINIUM OFFICES

    3591 Sacramento Dr Ste, San Luis Obispo, CA 93401-7256

    Unit 112
    Value Estimation by Request
    594 sqft 0.01 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
    3046 Higuera St
    CONDOMINIUM OFFICES

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

    Value Estimation by Request
    1,725 sqft 0.04 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
    3026 Higuera St
    CONDOMINIUM OFFICES

    3026 Higuera St, San Luis Obispo, CA 93401-6606

    $950,000
    Estimated value
    4,438 sqft 0.11 AC lot
    View details
    3026 Higuera St
    CONDOMINIUM OFFICES

    3026 Higuera St, San Luis Obispo, CA 93401-6606

    $1,260,000
    Estimated value
    6,010 sqft 0.14 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
    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
    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
    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
    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

    San Luis Obispo, CA Office Spaces Market Trends and Statistics

    Explore 72 office spaces for sale in San Luis Obispo, CA, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 24,387 square feet of properties for sale, with an estimated market value of $12,389,000.

    Sale prices for office spaces in San Luis Obispo, CA start at $450,000, averaging $2,064,833, 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%

    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 $1.6M

    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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