$3,465,000
FOR SALEActive793 Higuera
San Luis Obispo CA 93401
7,492
SF
Mixed Use
Type
N/A
Built
$462/SF
Cost/SF
Listing Agent
Jay Peet
Listing Agent
DRE #: 01779282
Brokerage: Radius Group Commercial R.E.
Location Analysis
About This Property
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.
Property Information
Property Overview
Commercial - MixedUse
Property Type
Active
Status
0.172 acres
Lot Size
17
Total Units
7,492 SF
Square Footage
$462.49/SF
Price per SF
4.88%
Cap Rate
$2,734.18
Annual Tax
2
Stories
Property Highlights
N/A Property
Prime Location with High Visibility
4.88% Cap Rate
Location Analysis
Building Details
Zoning & Use
Utilities & Systems
Investment Metrics
4.88%
Cap Rate
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Recent commercial sales in San Luis Obispo
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- Sold $1,650,000SOLD3,861 SF•Office1338 Santa Rosa StreetSold Sep 2026Real Property Investments | DRE #00571580Buyer's agent: CHAD VAN TIL, NONMEMBER MRML | DRE #001194183
Sold $1,820,000SOLD3,000 SF•Office•2 units699 CaliforniaSold Aug 2026BHGRE HAVEN PROPERTIES | DRE #01492366Buyer's agent: Anthony Aurignac, Venture Real Estate | DRE #01946262
Sold $2,160,000SOLD8,486 SF•Warehouse285 PradoSold Aug 2026Anderson & Senn Commercial Real Estate | DRE #01252131Buyer's agent: Derek Senn, Anderson & Senn Commercial Real Estate | DRE #01252131
- Sold $8,250,000SOLD46,242 SF•Industrial143 Suburban RoadSold Jun 2026McCarty Davis, Inc. | DRE #01843738Buyer's agent: NONE NONE, None MRML | DRE #N/A
Sold $1,200,000SOLD2,471 SF•Mixed Use1022 Mill StreetSold Apr 2026Central Coast Home & Land | DRE #00916243Buyer's agent: Levi Seligman, Acquire Mortgage & Real Estate | DRE #01936432
Closed commercial sales reported, newest first.
CRMLS
MLS# PI26092891
Listed:
Nalren refreshed:
Last updated
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Listed by: Radius Group Commercial R.E.
Equal Housing Opportunity
Advertising Broker: Nalren Corp (CA DRE #02423715)
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Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.