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Property profile & analytics
OFF-MARKET
Office Spaces

1998 Santa Barbara Ave San Luis Obispo, CA 93401

Property ID
Property summary
AI-generated overview

This exceptional 5,438 square foot office space is available for lease in the desirable Iron Horse Station, situated within San Luis Obispo's Historic Railroad District at 1998 Santa Barbara Ave, San Luis Obispo, CA 93401. The space is located on the second floor and offers a blend of creative and traditional office layouts, perfect for a single tenant. The property boasts 17 parking spaces, ensuring ample parking for employees and clients. Enjoy excellent visibility and abundant natural light, creating a productive and inviting work environment. The suite includes a pro-rated share of common area maintenance. Some existing furniture may be available. The building is zoned CS and has received an Award of Recognition from the Obispo Beautiful Association for its contribution to the community's aesthetic appeal. The lease rate is $1.75 per square foot, plus estimated NNN charges of $0.42 per square foot. This two-story building presents a unique opportunity to establish a presence in a vibrant and historically significant area of San Luis Obispo. The property's prime location and attractive features make it an ideal choice for businesses seeking a high-quality office space in a thriving community.

Property profile
Verified
Property type Office Spaces
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Jamaica You Hair Salon Nail Salon
  • Cayfour IT Consulting Firm Tech Support Center
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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