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2040 Broad St
San Luis Obispo, CA 93401
Office Property For Sale
Investment Highlights
- Highly visible location along Broad Street providing strong frontage for business operations.
- Close access to major routes including U.S. Highway 101, enhancing regional connectivity for customers and employees.
- Built in 1982 on a 7,426 sq. ft. lot, the property features existing infrastructure suitable for multiple commercial uses.
- Situated within the Broad Street neighborhood, offering convenient proximity to downtown San Luis Obispo and surrounding commerce.
- Established commercial setting with surrounding retail businesses, service providers, and residential density that supports foot traffic.
- Located in a vibrant economic corridor with easy reach to San Luis Obispo Airport, educational institutions, and civic amenities.
Executive Summary
Address: 2040-2050 Broad Street
City: San Luis Obispo, California
Size: 2,550 SF
Price: $1,050,000
Type: Office
Notes: Great Location! This two-story office with eight onsite parking spaces sits prominently at the corner of Broad and Chorro Streets. There is a ground floor 675 SF suite consisting of two private offices, reception, kitchenette, and restroom. The second floor is comprised of two suites totaling 1,875 SF. There is over 500 SF of covered patio space, which is not included in the square footage. This is an excellent opportunity for an owner-user or investor.
City: San Luis Obispo, California
Size: 2,550 SF
Price: $1,050,000
Type: Office
Notes: Great Location! This two-story office with eight onsite parking spaces sits prominently at the corner of Broad and Chorro Streets. There is a ground floor 675 SF suite consisting of two private offices, reception, kitchenette, and restroom. The second floor is comprised of two suites totaling 1,875 SF. There is over 500 SF of covered patio space, which is not included in the square footage. This is an excellent opportunity for an owner-user or investor.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
3,750 SF
Building Class
B
Year Built
1982
Price
$1,050,000
Price Per SF
$280
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,875 SF
Slab To Slab
10’
Building FAR
0.50
Lot Size
0.17 AC
Zoning
CN - This classification is designed for low-intensity, small-scale businesses that provide everyday goods and services to nearby residents, such as convenience stores, dry cleaners, small cafes, and medical offices
Parking
5 Spaces (1.33 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 003-747-013 | Improvements Assessment | $360,000 |
| Land Assessment | $740,000 | Total Assessment | $1,100,000 |
Property Taxes
Parcel Number
003-747-013
Land Assessment
$740,000
Improvements Assessment
$360,000
Total Assessment
$1,100,000
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