793 Higuera San Luis Obispo, CA $ 3,465,000
793 Higuera
$ 3,465,000
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793 Higuera

San Luis Obispo, CA, 93401
$ 3,465,000
Bedrooms-- Baths-- Sq 7,492

Monthly Estimate*

$ 21,335

Listed by Radius Group Commercial R.E.
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Commercial Property for sale in San Luis Obispo, CA

for $3,465,000. This 7,492 square foot building was built on a lot size of 0.172.

Located at Higuera and Chorro Streets—the true epicenter of Downtown San Luis Obispo’s primary commercial corridor—this ±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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Commercial Active

Price

$ 3,465,000

Property Type

Commercial

Taxes

$ 2,734

Style

Lot Size

0.172

Town/City

San Luis Obispo

County/Region

San Luis Obispo

MLS | Web ID

PI26092891

Days on Market

2

Features
General
Property Subtype Mixed Use
Tax Year 2025
County San Luis Obispo
Property Type Commercial Sale
Special Listing Conditions Standard
Status Active
Directions On the South East corner of Higuera and Chorro
City San Luis Obispo
Number Of Units Total 17
MLS Area SLO - San Luis Obispo
Lot Size Units Square Feet
Lot Size Square Feet 7492
Listing Terms Cash to New Loan 1031 Exchange
Tax Annual Amount 2734.18
Additional Parcels Y/N false
Building Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional Mixed Use
Cap Rate 4.88
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Interior
Total Stories 2
Laundry Features None
Entry Level 1
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Exterior
Lot Features Corner Lot
Water Source Public
Lot Size Area 7492
Building Area Total 7492
Lot Size Acres 0.172
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* Excluded Features
List By
Radius Group Commercial R.E.

Broker

jay@totalrea.com

Email

Affordability Calculator

$21,562
Per Month
99%
1%
0%
Monthly Principal & Interest
$21,335
Monthly Property Taxes
$228
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/29/2026$3,465,000 Listed Price

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793 Higuera, San Luis Obispo, CA, 93401 is a Commercial Property for sale at $3,465,000 with 7,492 sqft and a lot size of 0.172. The property's zip code is 93401 which is in San Luis Obispo, CA