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2640 Broad Street, San Luis Obispo, CA 93401

Commercial property · 2 recorded sales since 2017

2640 Broad Street, San Luis Obispo, CA 93401 Sold July 2024 CRMLS
$2,775,000Sold July 2024

Listing Agent: Andrew Richardson (DRE #01872187) · Listing Office: Richardson Sotheby's International Realty · Contact: andrew@richardsonproperties.com · Bought with: Preston Thomas · Colliers Tingey International Inc. · MLS #SC23165608 · Source: CRMLS

7,900
Building Sq Ft
2
Units
20,155 sqft
Lot Size
2021
Year Built
Commercial property
Type

About this commercial property

Completely renovated from the ground up, this state-of-the-art retail facility underwent extensive construction work, which concluded in January 2021, and has remained unoccupied since. Upon entering the property's parking lot, you'll find an abundance of parking spaces, including 20 standard spots, two ADA-compliant spaces, and two electric vehicle charging stations. The building's exterior showcases a custom mural, skillfully painted by the Marmalade Mural Company, visible from Broad Street. Upon entering the building, you'll encounter a welcoming front reception area and a waiting room. Within the main retail space, there's a well-conceived center island with flexible use areas surrounding the central retail square. Additionally, you'll find a climate-controlled cloning room and a comfortable customer lounge. Towards the rear of the building, there's a finely appointed General Manager's office with expansive glass walls and doors, along with an adjacent conference room. Directly across from the manager's office, you'll discover an employee break room, a floor manager's office, and an IT room. Beyond the manager's office lies a specially designed, climate-controlled vault built in compliance with city and state regulations, meeting stringent security standards. Adjacent to the vault, there's a loading bay equipped with removable parking bollards, a spacious roll-up door capable of accommodating various delivery vehicle sizes, an exhaust extraction system, and climate control features. This property was conceived as a net-zero project, emphasizing low energy consumption through high-efficiency appliances, solar power integration, and electric vehicle charging stations. As part of the sale, another structure, 2600 Broad, located adjacent to 2640 Broad, is included. This building remains unrenovated but holds potential for various retail applications. This could have a wide range of uses from medical, commercial retail, restaurant or other uses. Please confirm with the City on all the possibilities!

Listing description from the July 2024 sale, as reported to CRMLS.

Sale history

$2,775,000
Sold July 2024 · listed $3,500,000, orig. $4,400,000, on market September 2023 · MLS #SC23165608 · Source: CRMLS
Listing Agent: Andrew Richardson · Listing Office: Richardson Sotheby's International Realty · Contact: andrew@richardsonproperties.com · Bought with: Preston Thomas · Colliers Tingey International Inc.
$1,772,200
Sold December 2017 · listed $1,495,000, orig. $1,550,000, on market May 2017 · MLS #SP17101465 · Source: CRMLS
Listing Agent: John Hans · Listing Office: Rossetti Company · Contact: 805-544-3900 · Bought with: Levi Seligman · Acquire Mortgage & Real Estate
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