668 Marsh St

San Luis Obispo, CA 93401
  • $2,200,000

    Price
  • 0

    Bed
  • 0

    Bath
  • 7,000

    SqFt

About the Listing SL975 - SL00666517

Repositioning Opportunity in the prime part of Downtown San Luis Obispo. 4.5% CAP on current income. Owner has an LOI from Verizon for a cell tower which adds $1,500 / month net. Cell Tower lease in negotiation and new buyer can determine if they want it or not. Takken Shoes (ground floor) pays $6,600 per month in 2019 and the upstairs executive 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.

Listing Highlights for 668 Marsh St

Status Active With Contingency
Days on Site 289
Property Type Commercial Sale
MLS ® SP18048296
Year Built 1987
Total Square Footage 7,000
Lot/Acreage N/A

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces:
  • Floor:
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: Level with Street
  • Garage Capacity: N/A
  • Parking Spaces: 6
  • Roof:
  • Others:
  • Sewer:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft:

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: N/A

Payment Calculator

Monthly Payment

  • in Principal and Interest
  • in Taxes
Years
% Down Payment
% Mortgage Rate

Listing Location

Questions About..

668 Marsh St San Luis Obispo, CA 93401

Never Miss A New Property

Get notified any time there's a new home on the market in this neighborhood!

Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.

Listing Courtesy of Guy Torelli, Torelli Investment Realty

home

Are you buying or selling a home?

Buying
Selling
Both
home

When are you planning on buying a new home?

1-3 Mo
3-6 Mo
6+ Mo
Back
home

Are you pre-approved for a mortgage?

Yes
No
Using Cash
Back
home

Would you like to schedule a consultation now?

Yes
No
Back

When would you like us to call?

Thanks! We’ll give you a call as soon as possible.

home

When are you planning on selling your home?

1-3 Mo
3-6 Mo
6+ Mo
Back

Would you like to schedule a consultation or see your home value?

Schedule Consultation
My Home Value
Back