For Sale
$3,950,000

669 Higuera St San Luis Obispo, CA 93401

Historic San Luis Obispo retail building, 9,465 SF.

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional investment opportunity presents the Davidson's Furniture Building, a landmark property at 669 Higuera Street in San Luis Obispo, California. Offered for sale for the first time since 1930, this 9,465 square foot retail building boasts a rich history and prime location in the heart of downtown's revitalized commercial district. The property features a two-story structure, built in 1912 and extensively renovated in 2011, including a completed seismic retrofit. Currently operating at 100% occupancy, the building is divided into three distinct storefronts: Building A (approximately 4,340 square feet plus mezzanine), Building B (approximately 2,200 square feet plus mezzanine), and Building C (approximately 2,925 square feet). Each storefront offers unique opportunities for a variety of retail uses. The property is zoned CC and includes additional land at the rear with convenient alley access off Nipomo Street. This presents a rare chance to acquire a significant piece of San Luis Obispo's commercial landscape, situated in an area experiencing substantial growth and development. The asking price is $3,950,000, translating to $417.33 per square foot. The property's APN is 002-422-019. The lease type is NNN, and the tenancy is single.

Highlights

  • $3,950,000 asking price for this 9,465 square foot retail storefront.
  • Located at 669 Higuera St, San Luis Obispo, CA 93401.
  • 100% occupied, single-tenant NNN lease.
  • Features three storefronts totaling approximately 9,465 square feet, with mezzanines in Buildings A & B.
  • Built in 1912, renovated in 2011, with a seismic retrofit.
  • CC zoning, includes additional rear land and alley access.

Property Details for 669 Higuera St

Property type
Retail properties, Retail space
Square Feet
9,465 SF
Year Built/Renovated
1912/2011
Buildings
1
Stories
2

Location Insight

City
San Luis Obispo
County
San Luis Obispo
State
California
Latitude
35.278463261103
Longitude
-120.6651738519
669 Higuera St, San Luis Obispo, California

FAQs

What type of property is this?
Retail property - Historic San Luis Obispo retail building, 9,465 SF.
Where is the retail property located?
The property is located at 669 Higuera St San Luis Obispo, CA.
What is the asking price?
The asking price for this property is $3,950,000.
What are key features of this property?
This property features: $3,950,000 asking price for this 9,465 square foot retail storefront.; Located at 669 Higuera St, San Luis Obispo, CA 93401.; 100% occupied, single-tenant NNN lease.
How can I contact the broker?
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669 Higuera St
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