$4,400,000
( $450.50Per Sq Foot )
$23,620 est/mo Sourced by Back At You1150 Palm,San Luis Obispo, CA 93401
San Luis Obispo, CA 93401
Beautifully renovated two-story building featuring one long-term tenant.
Front entrance viewed from Palm Street, featuring both private and street parking options.
Corner lot featuring ingress on Palm Street and egress on Toro Street, complete with 29 private parking spaces and additional street parking.
Spacious corner lot offering an expansive site location.
Located in the historic Mill Street District, this property is situated in a highly sought-after commercial corridor near the County Courthouse.
Street-level entrance featuring a lobby and reception area.
Spacious lobby featuring a wide carpeted staircase leading to the upper level.
Spacious conference room located directly off the main lobby.
The lower-level conference room features a convenient wet bar area with a sink and mini-fridge, all brightly lit by an abundance of natural light.
Perspective of the bottom-level lobby facing toward the office's southwest corridor.
View looking back toward the lobby and conference room, featuring a standard restroom and a mailroom located across the hall.
Mail room and supply storage area.
One of the typical lower-level conference rooms.
One of the private corner offices featuring ample natural light and a functional layout, perfect for professional use.
Typical first floor (lower level) private office with ample natural lighting
View of the office cubicle space located in the center of the lower level, positioned between the two hallways.
Easterly view of the building hallway looking toward the kitchen, featuring multiple offices on either side.
Typical restrooms on lower level
Typical lower level restroom
Typical lower level restroom
Lower level shower and locker room
Split view showing a spacious conference room on the left, a kitchen and dining area in the center, and a corner office on the right.
Kitchen and dining area
Another view of the kitchen with a supply room in the rear
This spacious, well-lit upper-level cubicle office area is conveniently situated directly across from the main stairway landing, offering easy access and a professional workspace environment.
One of two upper-level balconies featuring beautiful scenic views, accessible via two corner offices.
Upper-level mid-office workstation area featuring a spacious, open-concept layout.
Spacious professional layout featuring three private offices and direct access to an exterior stairway.
Upper-level workspace with open-concept copy room to the left
Upper-level workspace featuring abundant natural light.
Upper-level office or flex space, currently configured as an open-concept copy room.
Upper-level kitchenette with open-concept layout.
Secondary conference room located mid-hallway on the upper level.
Spacious corner office featuring scenic views of Bishop Peak and direct access to a private balcony.
Spacious and private corner office with scenic views and access to balcony
Mezzanine view looking down at the main level.
Upper corner office view facing the locked IT server???????????????????????????????????????? room.
Full bathroom with storage lockers for personal use.
One of the bright, professional upper-level office spaces featuring a clean layout, private workspace, and scenic window views.
Description
Exceptional opportunity to invest in a fully occupied office building in downtown San Luis Obispo. Ideally situated on a prominent corner lot at Palm and Toro, the property offers 9767 sf of office space, 29 on-site parking spaces for clients and staff. Built in 1986 for its current professional tenants, the building benefits from a stable tenancy that includes more than 40 years with the same professional firm, providing investors with secure income and long-term occupants in place. The interior is designed to support a wide range of professional uses, featuring high-speed fiber optics, a kitchen, private offices, conference rooms, and open office space. Beautifully renovated in 2012 by an award-winning local architecture firm, the property showcases modern, high-quality design in one of San Luis Obispo’s most desirable downtown locations.
Details
| MLS # | SC26157261 |
|---|---|
| Listing Type | For Sale |
| Style | Office |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1986 |
| Days On Site | 65 |
| Listing Provided By | Tartaglia Real Estate | Natalie Tartaglia |
Features
| SQ Feet | 9,767 |
|---|---|
| Story(s) | 2 |
| Building(s) | 1 |
| Zoning | Office |
| Acreage | 0.48 |
Exterior
| Lot Features | Zero To One Unit Acre, Corner Lot, Landscaped, Level, Street Level |
|---|
Area Information
| State | CA |
|---|---|
| County | San Luis Obispo |
| City | San Luis Obispo |
| Zip Code | 93401 |
| Area | SLO San Luis Obispo |
| Listing VS Median (in 93401) | |
Price: $4,400,000 low | high Med: $895,000 sqft: 9,767 low | high Med: 1,034 $ / sqft: $450 low | high Med: $904 On site: 65 low | high Med: 133.5 | |
Market Activity 93401
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Learn More About This Property
| State | CA |
|---|---|
| County | San Luis Obispo |
| City | San Luis Obispo |
| Zip Code | 93401 |
| Area | SLO San Luis Obispo |
| Listing VS Median (in 93401) | |
Price: $4,400,000 low | high Med: $895,000 sqft: 9,767 low | high Med: 1,034 $ / sqft: $450 low | high Med: $904 On site: 65 low | high Med: 133.5 | |
Nearby Listings (Within 1/2 mile)
Price: $3.3M - $5.5M
sqft: 7,000 - 12,000
 | $3,465,000793 HigueraSan Luis Obispo, CA 93401 |
Listing Updated: August 21, 2026 at 10:30:48 PM PDT