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Executive Summary

This rare offering provides an exceptional opportunity for developers, investors, or owner-user to reposition a high-profile restaurant/retail property. The General Commercial zoning supports a variety of commercial uses. With ample parking nearby and easy access, this property is primed for transformation into a premier downtown destination.

Attachments

686 Higuera St.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,200 SF
Building Class
C
Year Built
1956
Price
$2,322,845 CAD
Price Per SF
$1,055.84 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
1.22
Lot Size
0.04 AC
Zoning
CC
Frontage
50’ on Higuera St
Exceptionally walkable
90/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100

Nearby Major Retailers

Bank of the Sierra
Wells Fargo
Charles Schwab
Chase Bank
Jazzercise
Starbucks
UMB Bank
U.S. Bank
Banc of California
Bank of America

Property Taxes

Property Taxes

Parcel Number
002-421-013
Land Assessment
$48,372 CAD
Improvements Assessment
$362,028 CAD
Total Assessment
$410,400 CAD
  • Listing ID: 40194478

  • Date on Market: 2026-04-17

  • Last Updated:

  • Address: 686 Higuera St, San Luis Obispo, CA 93401

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