793 Higuera, San Luis Obispo, CA 93401
San Luis Obispo County
Key Facts
Description
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.
Property Information
Property Type
Commercial Sale
Sub-Type
Mixed Use
Stories
2
Living Area
7,492 sq ft
Lot Size
0.17 acres
MLS® Listing#
PI26092891
Property Features
Laundry
Lot Features
Water Source
Financial Details
Annual Taxes
$2,734
Tax year 2025
Parcel Number
022426004
Directions
On the South East corner of Higuera and Chorro
Affordability Calculator
$693,000
Estimated monthly payment
$18,442/mo
Principal $2,772,000 · Est. interest $3,867,187 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in San Luis Obispo, CA
- $985,506
- Median Listing Price
- 69
- Median Days on Market
- 1,430
- Median Sq Ft
- $665
- Median Price / Sq Ft
- 8,621
- Active Listings
- This home’s price is 252% above the area median.
- Its price per sq ft is 30% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in San Luis Obispo, CA.
Location
Points of Interest in San Luis Obispo, CA
Showing the San Luis Obispo area map.
Nearby Schools
Olive Grove Charter School
School · 0.1 mi away
Old Mission School
Elementary · 0.2 mi away
Mission College Preparatory Catholic High School
Secondary School · 0.2 mi away
SLO Classical Acad
School · 0.3 mi away
Capslo Children's Waiting Room Head Start
School · 0.3 mi away
Hawthorne Elementary School
Elementary · 0.7 mi away
San Luis Coastal Unified School District
Elementary · 0.7 mi away
Parent Participation Program
School · 0.7 mi away
San Luis Obispo High School
Secondary · 0.8 mi away
Laurus College - San Luis Obispo
Secondary School · 0.9 mi away
Love To Learn
School · 1.2 mi away
Teach Elementary School
Secondary · 1.2 mi away
Family Partnership Charter School
School · 1.2 mi away
Church of Jesus Christ of Latter Day Saints
School · 1.3 mi away
Central Coast International School
School · 1.3 mi away
Sinsheimer Elementary
Elementary · 1.3 mi away
Pacheco Elementary
Elementary · 1.3 mi away
San Luis Coastal Unified School District
School · 1.4 mi away
San Luis Coastal Unified School District
Elementary · 1.7 mi away
C.L. Smith Elementary Pta
Elementary · 1.9 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 4112 Bannock Avenue, San Diego, CA | $2,429,000 | — | — | — |
| 31171 Calle Bolero, San Juan Capistrano, CA | $2,439,000 | 5 | 5 | 3,477 |
| 4242 Falcon St, San Diego, CA | $2,449,999 | 4 | 4 | 3,076 |
| 3230 Scott, San Francisco, CA | $2,450,000 | — | — | 3,599 |
| 1880 N El Camino Real 8, San Clemente, CA | $2,450,000 | 3 | 2 | 1,277 |
| 6728 Thomson Ct, San Diego, CA | $2,450,000 | — | — | — |
Moving Cost Estimate
EXIT Agents in San Luis Obispo
Listing Courtesy: Radius Group Commercial R.E. - jay@totalrea.com
Presented by: Jay Peet
Licensed in the state of California.