Commercial Property — 664 Marsh, San Luis Obispo, CA

$2,000,000

664 Marsh, San Luis Obispo, CA

664 Marsh, San Luis Obispo, CA 93401 — $2,000,000 · Commercial Real Estate for Sale — photo 3

664 Marsh, San Luis Obispo, CA 93401 — $2,000,000 · Commercial Real Estate for Sale — photo 4

664 Marsh, San Luis Obispo, CA 93401 — $2,000,000 · Commercial Real Estate for Sale — photo 5

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About this property

Distinctive tenant-occupied commercial investment opportunity in the heart of Downtown San Luis Obispo. Currently home to The Penny, 664 Marsh Street is a historic 1937 former blacksmith and metal-fabrication building that has been transformed into a highly recognizable wedding and special-event venue. The property features industrial character, exposed brick, an open-plan indoor venue, a private outdoor courtyard, and a current configuration designed to accommodate approximately 125 seated or 300 standing guests. Prime walkable downtown location, with established event use, historic architecture, and flexible indoor-outdoor environment make this a rare opportunity to acquire a truly unique San Luis Obispo commercial asset. 4 adjacent properties are available for sale, combining them all would provide genuine development potential.