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Investment Highlights
- Offers a unique chance to secure a high-profile presence in one of the city’s most desirable and walkable commercial corridors
- The intersection of Higuera & Chorro is the epicenter of SLO’s eclectic shops, hip eateries, dynamic nightlife, museums.
- Located on one of “Americas Best Main Streets”.
Executive Summary
Situated along the main strip of downtown San Luis Obispo, this exceptional ±7,000 square foot Retail Building occupies a prominent location on a ±0.16 acre parcel. Located within the C-D-H zoning district and subject to the Historic Overlay, this property offers a unique chance to secure a high-profile presence in one of the city’s most desirable and walkable commercial corridors. Located on one of “Americas Best Main Streets”. The intersection of Higuera & Chorro is the epicenter of SLO’s eclectic shops, hip eateries, dynamic nightlife, museums, and a world-famous weekly farmers market. This retail store is also at Cal Poly’s door step, a top-ranked public university with 21,000 undergrads and over 150 programs.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
7,000 SF
Building Class
C
Year Built
1950
Price
$3,100,000
Price Per SF
$442.86
Tenancy
Single
Building Height
2 Stories
Building FAR
1.00
Lot Size
0.16 AC
Zoning
C-D-H - Commercial Downtown Historic
Frontage
50’ on Higuera St
Amenities
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Charles Shoes
- Retailer
- -
- -
- -
- Porche Suzette M
- -
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Charles Shoes | Retailer | - | - | - | ||
| Porche Suzette M | - | - | - | - |
Exceptionally walkable
90/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 002-427-002 | Improvements Assessment | $190,635 |
| Land Assessment | $162,800 | Total Assessment | $353,435 |
Property Taxes
Parcel Number
002-427-002
Land Assessment
$162,800
Improvements Assessment
$190,635
Total Assessment
$353,435
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867 Higuera St
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