369 Marsh StSan Luis Obispo, CA 93401

  • Office properties
  • 2,815 SF
For Lease
$34.20/SF/YR View listing

Property Details for 369 Marsh St

Year built
2002
Construction
WOOD
Lot size
0.16 AC
Property size (Sq ft)
2,815 SF
Zone code
CR
Property type
Office properties
Property subtype
Office buildings
APN
002-508-009
APU
2508009

Description

This exceptional 1,000 square foot office suite is situated on the first floor of a modern, two-story building at 369 Marsh Street, San Luis Obispo, CA 93401. Built in 2002, this traditional office space boasts a highly desirable location at the entrance to downtown, ensuring excellent visibility and accessibility. The suite itself is well-appointed and features a welcoming reception area, a spacious open work area perfect for collaborative teams, a private office or conference room ideal for meetings and client interactions, a convenient restroom, and a fully equipped kitchenette. The property benefits from ample on-site designated parking, a significant advantage in the heart of San Luis Obispo. High-visibility street signage further enhances the property's prominence. This combination of quality, exposure, and parking is a rare find in this sought-after downtown location within San Luis Obispo County. The building is a multi-tenant property. This is an excellent opportunity for a business seeking a prestigious and functional office space in a vibrant urban setting.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $399,072
    6.5%
    $368,374
    7%
    $342,062
  • Comparable approach

    Method
    Valuation
    Relative Method
    $373,804
    Geo Method
    $733,889
  • Alternative Use

    Use
    Valuation
    Residential
    $456,784
    Hospitality
    $418,412
    Educational
    $348,114
    Medical
    $360,086
    Retail
    $541,510
369 Marsh St, San Luis Obispo, California

Location Insight

City
San Luis Obispo
County
San Luis Obispo
State
California
Latitude
35.2752
Longitude
-120.668
CBSA code
42020
CBSA name
SAN LUIS OBISPO-PASO ROBLES, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$8,590
$435,795
$341,499
$777,294
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FAQs

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