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Main on Main Mixed-Use Investment Opportunity 793 Higuera St 7,492 SF 100% Leased Office Building San Luis Obispo, CA 93401 $4,789,843 CAD ($639.33 CAD/SF)



Investment Highlights
- Historic architectural features.
- Mixed-use asset of Office & Retail.
- Cap Rate: 4.88% | NOI: $169,235
Executive Summary
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.
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.
Property Facts
Sale Type
Investment
Property Type
Building Size
7,492 SF
Year Built
1918
Price
$4,789,843 CAD
Price Per SF
$639.33 CAD
Percent Leased
100%
Building Height
2 Stories
Typical Floor Size
3,746 SF
Exceptionally walkable
90/100
Exceptionally drivable
100/100
Some public transit
40/100
Moderately bikeable
70/100
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Main on Main Mixed-Use Investment Opportunity | 793 Higuera St
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