Active

2640 Broad Street

San Luis Obispo CA, 93401

$3,500,000


$443.04 per sqft

Active

7,900 sqft

Commercial

Built in 2021

Listed by Andrew Richardson with Richardson Sotheby's International Realty 805-781-6040

Completely renovated from the ground up, this state-of-the-art retail facility underwent extensive construction work, which concluded in January 2021, and has remained unoccupied since. Upon entering the property's parking lot, you'll find an abundance of parking spaces, including 20 standard spots, two ADA-compliant spaces, and two electric vehicle charging stations. The building's exterior showcases a custom mural, skillfully painted by the Marmalade Mural Company, visible from Broad Street.
Upon entering the building, you'll encounter a welcoming front reception area and a waiting room. Within the main retail space, there's a well-conceived center island with flexible use areas surrounding the central retail square. Additionally, you'll find a climate-controlled cloning room and a comfortable customer lounge. Towards the rear of the building, there's a finely appointed General Manager's office with expansive glass walls and doors, along with an adjacent conference room. Directly across from the manager's office, you'll discover an employee break room, a floor manager's office, and an IT room.
Beyond the manager's office lies a specially designed, climate-controlled vault built in compliance with city and state regulations, meeting stringent security standards. Adjacent to the vault, there's a loading bay equipped with removable parking bollards, a spacious roll-up door capable of accommodating various delivery vehicle sizes, an exhaust extraction system, and climate control features.
This property was conceived as a net-zero project, emphasizing low energy consumption through high-efficiency appliances, solar power integration, and electric vehicle charging stations. As part of the sale, another structure, 2600 Broad, located adjacent to 2640 Broad, is included. This building remains unrenovated but holds potential for various retail applications.

This could have a wide range of uses from medical, commercial retail, restaurant or other uses. Please confirm with the City on all the possibilities!

SC23165608

MLS ID

September 11, 2023

Listed

March 28, 2024

Updated

Map

2640 Broad Street
San Luis Obispo CA, 93401

Interior Features

Total Stories

1


Laundry Description

None


Fireplace

No


Cooling

Yes


Cooling Description

ENERGY STAR Qualified Equipment


Heating

Yes


Heating Description

ENERGY STAR Qualified Equipment

Exterior/Building Features

Lot Size

0.46 Acres


Lot Features

2-5 Units/Acre, Corner Lot, Rectangular Lot, Sprinkler System


Roof

Flat

Other Property Details

Area Name

SLO - San Luis Obispo


Days on Market

198


Garage

No


View

No


County

San Luis Obispo


Water Source

Public


Pool

No


Buyer Agency Compensation

2%

Listing History

Date

Event

Price

3/27/2024

Price Change

$3,500,000

-12%

3/8/2024

Active

1/7/2024

Under Contract

11/7/2023

Price Change

$3,950,000

-5%

10/6/2023

Price Change

$4,150,000

-6%

Listing Contact: 805-781-6040 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/28/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 3/28/2024 at 3:34 PM UTC

 

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