1326 Chorro St - Office/Residential FOR SALE


San Luis Obispo, CA 93401
$1,849,000 USD
805-781-6040
1326 Chorro St, San Luis Obispo, CA for Sale
$1,849,000 USD
Office/Residential - FOR SALE
1/40
null | 5.33% Cap Rate

1326 Chorro St
San Luis Obispo, CA 93401


HIGHLIGHTS

  • Premium Downtown San Luis Obispo Location
  • Renovated with high-end, modern finishes
  • Flexible space (can be split between top and bottom)

OVERVIEW

*OPPORTUNITY FOR MIXED USE WITH RESIDENTIAL* Step into a rare find with this stunning mid-century modern office building, a true relic of architectural elegance in the heart of Downtown San Luis Obispo. This unique, turn-key property seamlessly blends historic charm with contemporary functionality, offering a versatile space for your business or potential residential development. The standalone building includes a well-appointed conference room, kitchen, two bathrooms, and a total of 8 private offices. The offices downstairs are large and open, supporting a collaborative work environment for multiple employees. In addition to an internal staircase, the upstairs and downstairs can be accessed via private entrances; this allows for the potential to split the building into two distinct spaces. Recent upgrades include newer roof, gutters, wastewater improvements, balcony rail, and interior paint. Large windows, vaulted ceilings, high end finishes, LED lighting, and a large outdoor balcony make it an attractive opportunity for any business. Check with the City of SLO for the possibility to convert all or part of the building to residential units, and the development of additional units behind the existing building.

FOR SALE DETAILS

PRICE

$1,849,000 USD

PRICE/SF

$561 USD /SF

CAP RATE

5.33%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Loft/Creative Space, Medical, Industrial Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1967

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

O

APN/PARCEL ID

003-528-004

ASK ABOUT THIS PROPERTY

Erik Berg-JohansenRichardson Sotheby's International RealtyMore Info
805-781-6040

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Erik Berg-JohansenRichardson Sotheby's International RealtyMore Info
805-781-6040

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.