3211 Broad StSan Luis Obispo, CA 93401
- Retail properties
- 15,861 SF
Property Details for 3211 Broad St
- Year built
- 1990
- Construction
- WOOD
- Lot size
- 1.02 AC
- Property size (Sq ft)
- 15,861 SF
- Zone code
- CS
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 004-583-040
- APU
- 4583040
Description
This exceptional 1,223 square foot office space is ideally situated at 3211 Broad Street, San Luis Obispo, CA 93401, on the corner of Broad and Orcutt Streets. Located in the Crossroads Center, a mixed-use property, this first-floor office boasts high visibility and easy access to downtown San Luis Obispo and the airport. The space features an open floor plan, perfect for flexible layouts and efficient workflow, and includes a private restroom for added convenience. The property is zoned for Commercial Retail use, offering versatility for a range of businesses. The building's total square footage is 800 square feet, with this particular unit comprising a significant portion. This thriving commercial area is home to a variety of businesses, including Crossroads Liquor & Deli, Visiting Angels, and Audio Ecstasy, ensuring a vibrant and active environment. The unit is part of a multi-tenant building, offering a collaborative atmosphere. This is a fantastic opportunity to establish a presence in a high-traffic, well-established commercial center in San Luis Obispo County. The property's location provides excellent exposure and accessibility, making it an attractive option for businesses seeking a prominent location.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $3,305,376
- 6.5%
- $3,051,116
- 7%
- $2,833,180
-
Comparable approach
- Method
- Valuation
- Relative Method
- $5,307,586
- Geo Method
- $10,408,885
-
Alternative Use
- Use
- Valuation
- Residential
- $2,573,731
- Hospitality
- $2,357,524
- Educational
- $1,961,432
- Medical
- $2,028,889
- Retail
- $3,051,116
Location Insight
- City
- San Luis Obispo
- County
- San Luis Obispo
- State
- California
- Latitude
- 35.2609
- Longitude
- -120.65
- CBSA code
- 42020
- CBSA name
- SAN LUIS OBISPO-PASO ROBLES, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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