1127 Broad St - Storefront FOR SALE


San Luis Obispo, CA 93401
$2,000,000 USD
805-748-5817
1127 Broad St, San Luis Obispo, CA for Sale
$2,000,000 USD
Storefront - FOR SALE
1/41
null | 5.79% Cap Rate

1127 Broad St
San Luis Obispo, CA 93401


OVERVIEW

Opportunity to acquire a two-tenant commercial investment in the heart of Downtown San Luis Obispo. Located on Broad Street between Higuera and Marsh, 1127 Broad Street offers approximately 3,718 square feet of storefront space divided into two commercial suites, with approximately 50 feet of Broad Street frontage on a 0.11-acre parcel. The property is currently occupied by Honey Belly Korean BBQ in Suite B and The Gold Bar Piercing in Suite A, creating a complementary mix of service retail and destination dining. Positioned within San Luis Obispo’s vibrant downtown core, the property benefits from excellent pedestrian and vehicle exposure and immediate proximity to popular restaurants, shopping, hotels, nightlife, and entertainment. The in-place tenancy, prominent Broad Street presence, and flexible two-suite configuration make this a compelling opportunity for an investor seeking current occupancy with potential for long-term appreciation and future repositioning. 3 adjacent properties are available for sale, combining them all would provide genuine development potential.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$527 USD /SF

CAP RATE

5.79%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

C-D

APN/PARCEL ID

002-422-016

ASK ABOUT THIS PROPERTY

Levi SeligmanAcquire Mortgage & Real EstateMore Info
805-748-5817

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Levi SeligmanAcquire Mortgage & Real EstateMore Info
805-748-5817

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.