793 Higuera, San Luis Obispo, CA, CA 93401

$3,465,000

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List Price
$3,465,000
Status
ACTIVE
MLS#
PI26092891
County
San Luis Obispo
Square Feet
7,492
Lot Size (acres)
0.17200000000000001
Lot Location
Corner Lot
Days on Market
94
Property Type
Commercial
Property Sub Type
Mixed Use

Property Description

Located at Higuera and Chorro Streets—the true epicenter of Downtown San Luis Obispo’s primary commercial corridor—this ±7,492 SF two-story mixed-use asset blends office and retail uses to create strong in-place income and tenant synergy. Surrounded by premier shopping, dining, and the Thursday night Farmers’ Market, and just steps from Mission San Luis Obispo and Cal Poly’s HotHouse innovation hub, the property benefits from consistent tourism, student activity, and daily foot traffic. Offered at $3,465,000 (4.88% cap rate), the asset provides stable cash flow with long-term upside in a tightly held market with limited inventory—an exceptional opportunity to secure a high-profile downtown SLO investment.

Additional Information

Taxes
$2,734
Parcel Number
022426004
Lot Features
Corner Lot
Water
Public

Listing courtesy of Listing Agent: Jay Peet (jay@totalrea.com) from Listing Office: Radius Group Commercial R.E..

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.