$1,650,000
Under Contract894 Meinecke
San Luis Obispo CA 93405
4,814
SF
Office
Type
1978
Built
$343/SF
Cost/SF
Listing Agent
Derek Senn
Listing Agent
DRE #: 01252131
(805) 801-7352Brokerage: Anderson & Senn Commercial Real Estate
Location Analysis
About This Property
This well maintained, four-suite professional/medical office building is for sale. Long-term tenancies (30+, 30+, 20+, 15+ years). Below market rents with an annual net income of $98,000. Excellent location just one block from Sierra Vista Hospital. Close to Cal Poly and a short drive to the U.S. 101 interchange. This is a fantastic opportunity for an investor or a potential owner-user.
Property Information
Property Overview
Commercial - Office
Property Type
ActiveUnderContract
Status
0.31 acres
Lot Size
4,814 SF
Square Footage
$342.75/SF
Price per SF
1,978
Year Built
2
Stories
Property Highlights
N/A Property
Prime Location with High Visibility
Location Analysis
Building Details
Zoning & Use
Utilities & Systems
Investment Metrics
Data not available.
Similar Commercial Properties
$3.7M37d
9,360 SF•MultiFamily356 N ChorroSan Luis Obispo, CARE/MAX Success | DRE# 01304466$2.5M393d
7,727 SF•Office689 Tank FarmSan Luis Obispo, CATrujillo Commercial Real Estate Group | DRE# 01388764$2.5M393d
8,051 SF•Office689 Tank Farm 230&240San Luis Obispo, CATrujillo Commercial Real Estate Group | DRE# 01388764$3.9M102d
13,184 SF•MixedUse615 Clarion CourtSan Luis Obispo, CAColliers Tingey International Inc. | DRE# 01378821$725K32d
1,584 SF•Retail445 1st StreetAvila Beach, CATrujillo Commercial Real Estate Group | DRE# 01388764$2.9M45d
4,331 SF•MixedUse1301 Los Osos Valley RoadLos Osos, CACentral Coast Sotheby's International Realty | DRE# 02220074$500K216d
SF N/A•Land1230 Los OlivosLos Osos, CAOceanside International Real E | DRE# 00683212$790K204d
1,200 SF•Retail900 Shell BeachPismo Beach, CA805 Real Estate, Inc. | DRE# 01838269$1.2M266d
1,078 SF•Retail1250 Price StreetPismo Beach, CAeXp Realty of California, Inc. | DRE# 00600451$1.4M467d
3,980 SF•Retail801 Dolliver StreetPismo Beach, CABurnes Commercial Group | DRE# 01361305$5.5M72d
226,076 SF•Retail11600 El Camino RealAtascadero, CAReal Broker | DRE# 02205849$3.5M478d
4,457 SF•SpecialPurpose201 Main StreetMorro Bay, CAMcCarty Davis, Inc. | DRE# 01843738$675K108d
1,760 SF•MixedUse600 Morro Bay BMorro Bay, CAModern Broker | DRE# 01807879$250K26d
500 SF•Office1052 Main EMorro Bay, CACoastal Real Estate | DRE# 01487058$4.4M508d
1,959 SF•MixedUse830 EmbarcaderoMorro Bay, CASarah Glavan, Broker | DRE# 02002194$1.6M63d
3,094 SF•MultiFamily1160 WestMorro Bay, CAFranklin Real Estate & Rentals | DRE# 01326603$899K647d
2,870 SF•Retail9955 El Camino RealAtascadero, CAACADEME REAL ESTATE | DRE# 01112747$375K37d
1,047 SF•Retail401 W Grand Avenue 1-1Grover Beach, CAHart Commercial Real Estate | DRE# 01334694$335K37d
947 SF•Retail401 W Grand Avenue 2-1Grover Beach, CAHart Commercial Real Estate | DRE# 01334694$825K37d
2,865 SF•Retail401 W Grand Avenue 1-2Grover Beach, CAHart Commercial Real Estate | DRE# 01334694$575K37d
1,830 SF•Retail401 W Grand Avenue 2-2Grover Beach, CAHart Commercial Real Estate | DRE# 01334694$650K30d
12,197 SF•MixedUse838 W Grand AveGrover Beach, CABHGRE HAVEN PROPERTIES | DRE# 02175300$1.6M187d
2,662 SF•Retail15050 Morro RoadAtascadero, CACiano Real Estate, Inc. | DRE# 01412309$400K25d
2,000 SF•Office8260 MorroAtascadero, CACentury 21 Masters | DRE# 00619856$495K555d
1,900 SF•Office7623 Morro RoadAtascadero, CAPlatinum Properties | DRE# 01460918
Recent commercial sales in San Luis Obispo
Sold $1,026,000SOLD2,550 SF•Office2040 BroadSold Sep 2026Anderson & Senn Commercial Real Estate | DRE #01252131Buyer's agent: Krissy Bellisario, The Avenue Central Coast Realty, Inc. | DRE #01978581
- 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.