1410 Marsh St San Luis Obispo, CA 93401
- Office Properties & Spaces
- 1,294 SF
Current Use by Public Records
- Dallas K. Mosier, Esq. / Attorney / Estate Planning Attorney
- Slocum Wealth Management / Financial Planner
Property Details for 1410 Marsh St
- Property size
- 1,294 SF
- Property type
- Office Properties & Spaces
Description
This exceptional Craftsman-style office building in downtown San Luis Obispo, CA, presents a compelling investment opportunity. The property, located at 1410 Marsh St, boasts 1,294 square feet of space, currently 100% occupied under a short-term NNN lease. The building features four private offices, an open work area, and a handicap-accessible ramp. Four on-site parking spaces are included. The property sits on a 6,000 square foot lot and is zoned O, permitting both office and residential uses. The asking price is $1,030,000, representing a 3.81% cap rate and a price per square foot of $795.98. Detailed financial information, including the rent roll, and a virtual tour are available upon request. Note that there is additional second-floor space not included in the listed square footage. An adjacent property (1402/1406 Marsh St) is also available for sale, and both properties may be purchased together at a discounted price. This presents a unique chance to acquire a well-located, income-producing asset in a thriving downtown area. The property's APN is 001-232-009. This is a two-story Class B building.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- San Luis Obispo
- County
- San Luis Obispo
- State
- California
- Longitude
- -120.654
- Latitude
- 35.2842
