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668 Marsh Street 668 Marsh St 6,880 SF 100% Leased Retail Building San Luis Obispo, CA 93401 $2,500,000 ($363.37/SF)
Investment Highlights
- $363 /SQFT
Executive Summary
— Approx. 6,880 SF across two stories with prominent Marsh St.
frontage
— Diversified, multi-tenant retail and professional office rent roll
— Flexible mixed-use configuration supports income with repositioning
upside
— Walking distance to downtown dining, shops, hotels, and nightlife
— Four adjacent properties also for sale — genuine assemblage
potential
frontage
— Diversified, multi-tenant retail and professional office rent roll
— Flexible mixed-use configuration supports income with repositioning
upside
— Walking distance to downtown dining, shops, hotels, and nightlife
— Four adjacent properties also for sale — genuine assemblage
potential
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
6,880 SF
Building Class
C
Year Built
1987
Price
$2,500,000
Price Per SF
$363.37
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.99
Lot Size
0.16 AC
Zoning
CD - Commercial Downtown
Parking
7 Spaces (1.02 Spaces per 1,000 SF Leased)
Frontage
41’ on Marsh St
Very walkable
80/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 002-422-020 | Improvements Assessment | $1,160,136 |
| Land Assessment | $1,171,292 | Total Assessment | $2,331,428 |
Property Taxes
Parcel Number
002-422-020
Land Assessment
$1,171,292
Improvements Assessment
$1,160,136
Total Assessment
$2,331,428
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Contact the Sale Advisor
668 Marsh Street | 668 Marsh St