1326 Chorro St
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
1326 Chorro St
3,296 SF Office Building San Luis Obispo, CA 93401 £1,448,322 (£439/SF) 5.33% Net Initial Yield
Investment Highlights
- Premium Downtown San Luis Obispo Location
- Flexible space (can be split between top and bottom)
- Renovated with high-end, modern finishes
Executive Summary
*OPPORTUNITY FOR MIXED USE WITH RESIDENTIAL* Step into a rare find with this stunning mid-century modern office building, a true relic of architectural elegance in the heart of Downtown San Luis Obispo. This unique, turn-key property seamlessly blends historic charm with contemporary functionality, offering a versatile space for your business or potential residential development. The standalone building includes a well-appointed conference room, kitchen, two bathrooms, and a total of 8 private offices. The offices downstairs are large and open, supporting a collaborative work environment for multiple employees. In addition to an internal staircase, the upstairs and downstairs can be accessed via private entrances; this allows for the potential to split the building into two distinct spaces. Recent upgrades include newer roof, gutters, wastewater improvements, balcony rail, and interior paint. Large windows, vaulted ceilings, high end finishes, LED lighting, and a large outdoor balcony make it an attractive opportunity for any business. Check with the City of SLO for the possibility to convert all or part of the building to residential units, and the development of additional units behind the existing building.
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Office
Property Subtype
Building Size
3,296 SF
Building Class
C
Year Built
1967
Price
£1,448,322
Price Per SF
£439
Net Initial Yield
5.33%
NOI
£77,186
Tenancy
Single
Number of Floors
2
Typical Floor Size
1,648 SF
Building FAR
0.54
Lot Size
0.14 AC
Zoning
O - Office
Parking
8 Spaces (2.41 Spaces per 1,000 SF Leased)
Amenities
- Fenced Lot
- Signage
- Car Charging Station
- Central Heating
- Wooden Floors
1 of 1
Walk Score ®
Walker's Paradise (99)
Bike Score ®
Biker's Paradise (92)
PROPERTY TAXES
| Parcel Number | 003-528-004 | Improvements Assessment | £610,985 |
| Land Assessment | £632,806 | Total Assessment | £1,243,790 |
PROPERTY TAXES
Parcel Number
003-528-004
Land Assessment
£632,806
Improvements Assessment
£610,985
Total Assessment
£1,243,790
1 of 40
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
1326 Chorro St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.