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668 Marsh, San Luis Obispo, CA 93401.
Listing Courtesy of:
Torelli Investment Realty
San Luis Obispo
San Luis Obispo
Repositioning Opportunity in the prime part of Downtown San Luis Obispo. 4.5% CAP on current income, which includes $1,500 / month NNN from a cell tower lease from a major wireless company currently being negotiated by the owner. Takken Shoes (ground floor) pays $6,300 per month and the upstairs offices rent for $4,500 monthly.
Almost 5,000 new residential homes are currently being built or in the approval process within a 2.5 mile radius of Marsh Street. Attached brochure has the details of the downtown development surrounding this property and financial analysis. Current owner built this property in 1987.
March 1, 2018
Marsh & Broad in Downtown SLO
Listing Agent State License:
Listing Office State License:
Based on information from California Regional Multiple Listing Service, Inc. as of September 24th, 2018 at 13:28:41PM UTC.
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not verify any information obtained from other sources. The Broker/Agent providing the information contained herein
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