664 Marsh San Luis Obispo, CA $ 2,000,000
664 Marsh
$ 2,000,000
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664 Marsh

San Luis Obispo, CA, 93401
$ 2,000,000
Bedrooms-- Baths-- Sq 1,920

Monthly Estimate*

$ 12,628

Listed by Acquire Mortgage & Real Estate
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Commercial Property for sale in San Luis Obispo, CA

for $2,000,000. This 1,920 square foot building was built in 1937 on a lot size of 0.1607.

Distinctive tenant-occupied commercial investment opportunity in the heart of Downtown San Luis Obispo. Currently home to The Penny, 664 Marsh Street is a historic 1937 former blacksmith and metal-fabrication building that has been transformed into a highly recognizable wedding and special-event venue. The property features industrial character, exposed brick, an open-plan indoor venue, a private outdoor courtyard, and a current configuration designed to accommodate approximately 125 seated or 300 standing guests. Prime walkable downtown location, with established event use, historic architecture, and flexible indoor-outdoor environment make this a rare opportunity to acquire a truly unique San Luis Obispo commercial asset. 4 adjacent properties are available for sale, combining them all would provide genuine development potential.

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Commercial Active

Price

$ 2,000,000

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.1607

Year Built

1937

Town/City

San Luis Obispo

County/Region

San Luis Obispo

MLS | Web ID

SC26164619

Days on Market

2

Features
General
Year Built 1937
Property Subtype Retail
County San Luis Obispo
Property Type Commercial Sale
Special Listing Conditions Standard
Status Active
Directions Exit 101 on Marsh St. Property is a few blocks down on left
City San Luis Obispo
MLS Area SLO - San Luis Obispo
Lot Size Units Square Feet
Lot Size Square Feet 7000
Additional Parcels Y/N false
Building Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional Retail
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Interior
Total Stories 1
Laundry Features None
Entry Level 1
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Exterior
Lot Features Level Rectangular Lot
Water Source Public
Lot Size Area 7000
Building Area Total 1920
Lot Size Acres 0.1607
Lot Size Source Assessor
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* Excluded Features
List By
Acquire Mortgage & Real Estate

Broker

levi@acquireslo.com

Email

Affordability Calculator

$12,628
Per Month
100%
0%
0%
Monthly Principal & Interest
$12,628
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
8/6/2026$2,000,000 Listed Price

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664 Marsh, San Luis Obispo, CA, 93401 is a Commercial Property for sale at $2,000,000 with 1,920 sqft and a lot size of 0.1607. 664 Marsh was built in 1937. The property's zip code is 93401 which is in San Luis Obispo, CA