$3,465,000
( $462.49Per Sq Foot )
 $18,601 est/mo Sourced by Back At You

793 Higuera,San Luis Obispo, CA 93401

San Luis Obispo, CA 93401

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Description

Located at Higuera and Chorro Streetsthe true epicenter of Downtown San Luis Obispo’s primary commercial corridorthis ±7,492 SF two-story mixed-use asset blends office and retail uses to create strong in-place income and tenant synergy. Surrounded by premier shopping, dining, and the Thursday night Farmers’ Market, and just steps from Mission San Luis Obispo and Cal Poly’s HotHouse innovation hub, the property benefits from consistent tourism, student activity, and daily foot traffic. Offered at $3,465,000 (4.88% cap rate), the asset provides stable cash flow with long-term upside in a tightly held market with limited inventoryan exceptional opportunity to secure a high-profile downtown SLO investment.

Details

MLS #PI26092891
Listing TypeFor Sale
StyleMixeduse
Sub-TypeResale
StatusActive
Days On Site123
Listing Provided ByRadius Group Commercial R.E. | Jay Peet

Features

SQ Feet7,492
Story(s)2
Units17
Acreage0.17

Exterior

Lot FeaturesCorner Lot

Taxes

Property2734

Area Information

StateCA
CountySan Luis Obispo
CitySan Luis Obispo
Zip Code93401
AreaSLO San Luis Obispo
Listing VS Median (in 93401)
Price:
$3,465,000
low | high
Med:
$1,150,000
100% of Average
sqft:
7,492
low | high
Med:
5,000
83.262146289375% of Average
$ / sqft:
$462
low | high
Med:
$230
100% of Average
On site:
123
low | high
Med:
468
26.282051282051% of Average
Sourced by Back At You

Market Activity 93401

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Coldwell Banker Commercial Real Estate Solutions

Coldwell Banker Commercial Real Estate Solutions

DRE: 01857050 (760) 684-8000info@cbcdesert.com
StateCA
CountySan Luis Obispo
CitySan Luis Obispo
Zip Code93401
AreaSLO San Luis Obispo
Listing VS Median (in 93401)
Price:
$3,465,000
low | high
Med:
$1,150,000
100% of Average
sqft:
7,492
low | high
Med:
5,000
83.262146289375% of Average
$ / sqft:
$462
low | high
Med:
$230
100% of Average
On site:
123
low | high
Med:
468
26.282051282051% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $2.598M - $4.331M
sqft: 5,500 - 9,000
Nearby Listings Property ImageNearby Listings Details
668 Marsh Property Photo 1
$2,500,000
668 Marsh
San Luis Obispo, CA 93401
Listing Updated: August 21, 2026 at 10:54:07 PM PDT
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