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712 720 Marsh StreetSan Luis Obispo, CA 93401Price: $2,900,000

  • Price: $2,900,000
  • 106 Days on Market
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Federal 30-year interest rate: 6.29% last updated on Sep 22, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $2,900,000List Price
  • 0.13Acreage
Downtown SLO 100% leased investment opportunity. The Subject property offers +/- 5,483 SF of multi-tenant retail space in the Downtown core located on the high identity corner of Marsh Street and Broad Street and adjacent to the new Hotel Cerro. This location benefits from its excellent exposure, great pedestrian traffic, and acts as the entrance to Downtown from the south end of the city (via Broad Street) and Hwy 101 (via Marsh Street). The Property is currently occupied by Twig & Arrow Salon who recently signed a new 5-year lease after outperforming in the smaller retail suite, which is now available. • “Gateway” location at the corner of Marsh Street and Broad Street • Downtown San Luis Obispo leased retail building • Great pedestrian traffic • Easy access to and from HWY 101 • Recently remodeled building (circa 2012) in like-new condition and new modern tenant improvements (exterior, roof, HVAC, and plumbing) • Proforma 4.95% Capitalization Rate
Listed by Preston Thomas of Colliers Tingey International Inc.

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Based on information submitted to CRMLS as of September 27, 2022 2:55 AM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Property Details

Property Details of 712 720 Marsh Street

Property Details

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