- For Sale $3,465,000
- Property Type Retail
- Property Size 7,492 SF
- Cap Rate % 4.88
- NOI / YR $169,235.00
- Year Built 1918
- Date Updated Apr 8, 2026
Description
Main & Main Mixed-Use investment opportunity at the heart of downtown San Luis Obispo.
Located at Higuera and Chorro Streets—the true epicenter of Downtown San Luis Obispo’s primary commercial corridor—this approx. 7,492 SF two-story mixed-use asset blends office and retail uses to create strong in-place income and tenant synergy. Surrounded by premier shopping, dining, and the Thursday night Farmers’ Market, and just steps from Mission San Luis Obispo and Cal Poly’s HotHouse innovation hub, the property benefits from consistent tourism, student activity, and daily foot traffic.
Offered at $3,465,000 (4.88% cap rate), the asset provides stable cash flow with long-term upside in a tightly held market with limited inventory—an exceptional opportunity to secure a high-profile downtown SLO investment.
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Contacts
Radius Commercial Real Estate
Location
Located at 793 Higuera St, San Luis Obispo, CA 93401, this property is part of the Downtown San Luis Obispo neighborhood and Central Coast market.
Radius Commercial Real Estate