1147 Marsh Street San Luis Obispo, CA $ 3,250,000
1147 Marsh Street
$ 3,250,000
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1147 Marsh Street

San Luis Obispo, CA, 93401
$ 3,250,000
Bedrooms-- Baths-- Sq 4,634

Monthly Estimate*

$ 22,447

Listed by Farid Shahid, Eighty20 Group, farid@eighty20.group
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Commercial Property for sale in San Luis Obispo, CA

for $3,250,000. This 4,634 square foot building was built in 1964 on a lot size of 0.1081.

Welcome to the Ross Building - A luxury midcentury modern office building overlooking the San Luis Obispo creek and quietly tucked away in the northern part of the Downtown Historic District. This dream location offers a rare combination of turn-key professional space that feels more like a custom home than a work environment. The original structure was designed and built by nationally acclaimed local architect John R. Ross, who perfectly married local materials with an iconic design that is still modern to this day. The multi-unit property features stunning creekside views, lush landscaping and mature trees, and seamless indoor-outdoor spaces that elevate the workday experience. The location offers alongside generous street parking and nearby city lots—a rarity for the downtown area. The building comprises 5 distinct office units with a grand total of 5 private closed-door office rooms, 3 bathrooms, 6 oversized general-flex rooms, 3 balconies, 2 patios, and a secure garage/storage room. Each office unit can be operated/leased independently or utilized as one cohesive space. The Ross Building places you just steps away from Downtown SLO and its vibrant local cafes, retail, and dining. Ideal for a professional firm seeking a high-end corporate headquarters or an investor seeking cash flow. The current owner/operator of this property is available for a lease back after the sale and also willing to deliver the building vacant - depending on the buyer’s needs. This parcel also presents compelling long-term upside and re-development potential. Situated directly across from the Marsh Street Brownstones residential community, buyers are encouraged to explore zoning with the city for the potential future conversion of spaces into residential condos or luxury apartments.

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Commercial Active

Price

$ 3,250,000

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.1081

Year Built

1964

Town/City

San Luis Obispo

County/Region

San Luis Obispo

MLS | Web ID

SC26229554

Days on Market

3

Features
General
Heating Central Ductless
Cooling CentralAir Ductless
Utilities ElectricityConnected WaterConnected
Roof Flat
Zoning O-Office
Year Built 1964
Electric ElectricityOnProperty
Property Subtype Office
Business Type Accounting AdministrativeAndSupport Advertising Commercial EducationSchool Financial Government Hospitality HealthServices Jewelry LiveWork Medical Mixed Music ProfessionalOffice Photographer ProfessionalService RealEstate
Waterfront Features Creek
County San Luis Obispo
Property Type CommercialSale
Possible Use Service
Special Listing Conditions Standard
Status Active
Directions On Marsh Street between Santa Rosa Street & Toro Street
City San Luis Obispo
MLS Area SLO - San Luis Obispo
Lot Size Units SquareFeet
Lot Size Square Feet 4707
Listing Terms Cash Conventional
Land Lease Y/N false
Additional Parcels Y/N false
Building Area Units SquareFeet
Standard Status Active
Occupancy Type Owner
Property Sub Type Additional Office
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Interior
Total Stories 3
Air Conditioning Y/N true
Heating Y/N true
Laundry Features None
Entry Level 2
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Exterior
Lot Features IrregularLot
Water Source Public
Lot Size Area 4707
Number of Buildings 1
Building Area Total 4634
Lot Size Acres 0.1081
Lot Size Source Assessor
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* Excluded Features
List By
Farid Shahid

Listing Agent

Eighty20 Group

Broker

farid@eighty20.group

Email

Affordability Calculator

$22,447
Per Month
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0%
0%
Monthly Principal & Interest
$22,447
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
10/23/2026$3,250,000 Listed Price

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1147 Marsh Street, San Luis Obispo, CA, 93401 is a Commercial Property for sale at $3,250,000 with 4,634 sqft and a lot size of 0.1081. 1147 Marsh Street was built in 1964. The property's zip code is 93401 which is in San Luis Obispo, CA