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815 Palm St 2,085 SF 100% Leased Retail Building San Luis Obispo, CA 93401 $895,000 ($429.26/SF)
Executive Summary
Address: 815 Palm Street
City: San Luis Obispo, California
Size: 2,078 SF
Price: $895,000
Type: Restaurant
Notes: An iconic two story structure in SLO’s Chinatown, adjacent to the Palm Theatre. The property is outfitted as a restaurant. This location is in the heart of downtown San Luis Obispo, just down the block from Hotel SLO and steps from Mission Plaza. There is a large parking garage directly across from the building. This is an opportunity to own a piece of San Luis Obispo history in a wonderful location.
City: San Luis Obispo, California
Size: 2,078 SF
Price: $895,000
Type: Restaurant
Notes: An iconic two story structure in SLO’s Chinatown, adjacent to the Palm Theatre. The property is outfitted as a restaurant. This location is in the heart of downtown San Luis Obispo, just down the block from Hotel SLO and steps from Mission Plaza. There is a large parking garage directly across from the building. This is an opportunity to own a piece of San Luis Obispo history in a wonderful location.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,085 SF
Building Class
C
Year Built
1958
Price
$895,000
Price Per SF
$429.26
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.43
Lot Size
0.03 AC
Zoning
CC - Community Commercial
Amenities
- Restaurant
- Signage
Very walkable
80/100
Exceptionally drivable
100/100
Some public transit
50/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 002-416-002 | Improvements Assessment | $348,073 |
| Land Assessment | $172,951 | Total Assessment | $521,024 |
Property Taxes
Parcel Number
002-416-002
Land Assessment
$172,951
Improvements Assessment
$348,073
Total Assessment
$521,024
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815 Palm St
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