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2640 Broad StreetSan Luis Obispo, CA 93401Price: $4,400,000

  • Price: $4,400,000
  • 15 Days on Market
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Federal 30-year interest rate: 7.19% last updated on Sep 21, 2023
* 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.
  • $4,400,000List Price
  • 0.46Acreage
Completely renovated from the ground up, this state-of-the-art retail facility underwent extensive construction work, which concluded in January 2021, and has remained unoccupied since. Upon entering the property's parking lot, you'll find an abundance of parking spaces, including 20 standard spots, two ADA-compliant spaces, and two electric vehicle charging stations. The building's exterior showcases a custom mural, skillfully painted by the Marmalade Mural Company, visible from Broad Street. Upon entering the building, you'll encounter a welcoming front reception area and a waiting room. Within the main retail space, there's a well-conceived center island with flexible use areas surrounding the central retail square. Additionally, you'll find a climate-controlled cloning room and a comfortable customer lounge. Towards the rear of the building, there's a finely appointed General Manager's office with expansive glass walls and doors, along with an adjacent conference room. Directly across from the manager's office, you'll discover an employee break room, a floor manager's office, and an IT room. Beyond the manager's office lies a specially designed, climate-controlled vault built in compliance with city and state regulations, meeting stringent security standards. Adjacent to the vault, there's a loading bay equipped with removable parking bollards, a spacious roll-up door capable of accommodating various delivery vehicle sizes, an exhaust extraction system, and climate control features. This property was conceived as a net-zero project, emphasizing low energy consumption through high-efficiency appliances, solar power integration, and electric vehicle charging stations. As part of the sale, another structure, 2600 Broad, located adjacent to 2640 Broad, is included. This building remains unrenovated but holds potential for various retail applications. This could have a wide range of uses from medical, commercial retail, restaurant or other uses. Please confirm with the City on all the possibilities!
Listed by Andrew Richardson and Charles Richardson of Richardson Sotheby's International Realty

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Based on information submitted to CRMLS as of September 25, 2023 6:55 PM 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 of 2640 Broad Street

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