570 Higuera St San Luis Obispo, CA 93401
Property profile & analytics
570 Higuera St San Luis Obispo, CA 93401
- Strip malls
- 16,266 SF
- 0.75 lot acres
Property ID
US09-2156711
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Bear & The Wren / Restaurant
- Nite Creamery / Grocery & Convenience Store / Specialty Food Shop
- MagneButton / Clothing Store
- Gold Land BBQ / Restaurant
- breda / Food Processing Plant
Property Details for 570 Higuera St
- Year built
- 1953
- Construction
- WOOD
- Lot size
- 0.75 lot acres
- Property size
- 16,266 SF
- Zone code
- CC
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 002-402-045
- APU
- 2402045
Description
This ±1,409 square foot restaurant space in San Luis Obispo's Creamery Marketplace offers a fantastic opportunity for a quick-service restaurant or similar business. Located at 570 Higuera Street, 93401, this second-generation space boasts valuable existing improvements, minimizing upfront build-out costs. The property benefits from excellent co-tenancy within the vibrant Creamery Marketplace, ensuring high foot traffic and visibility. Outdoor seating is available, enhancing the dining experience and maximizing capacity. The location is highly walkable, catering to the bustling downtown crowd. Currently occupied, the tenant will vacate in September 2024. The landlord is offering a new tenant security deposit and the option to extend the existing lease to a five-year term, providing long-term stability. This turnkey solution presents a rare chance to establish a thriving business in a prime San Luis Obispo County location. The property is situated in a high-traffic area with excellent visibility and accessibility. This is an exceptional opportunity for a business seeking a well-established location with significant potential for growth.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,600,000
- ML approach
- $1,660,000
-
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $1,270,000 Current use
- RETAIL STORES
- $2,215,000 Change: +74% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- San Luis Obispo
- County
- San Luis Obispo
- State
- California
- Longitude
- -120.667
- Latitude
- 35.2781
- CBSA code
- 42020
- CBSA name
- SAN LUIS OBISPO-PASO ROBLES, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$27,913
$918,109
$1,607,578
$2,525,687
-
$0.00
$0.00
$0.00
