Buildings

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Stand-alone professional office building

+/- 3,972 sq. ft. of Professional Office for Lease: 2353 S. Broadway, Santa Maria, CA, 93455

+/- 3,972 sq. ft. second floor office of a +/- 6,495 sq. ft. building on a +/- 16,533 parcel. Stand-alone professional office building close to the intersection of McCoy and Broadway. Nicely finished, former Architecture office. Zoned CPO Commercial and Professional Office. 23 On-site parking spaces (includes 1 HHCP space). Lease Rate: $1.85 sq. ft. per month, NNN.

Leased

1255 Las Tablas Property View

+/- 3,747 sq. ft. Commercial Space for Lease: 1255 Las Tablas Road, Templeton, CA

+/- 3,747 sq. ft commercial space. Office space with 3 private offices, conference room, large work area, separate break room & private restrooms. Prime corner location in close proximity to Twin Cities Hospital; multiple medical facilities & residential housing developments. Currently configured as a former bank. Owner will provide a TI allowance towards remodeling the space with a long-term lease.

Leased

Farmhouse View from Broad Street

+/- 2,787 Restaurant Space for Lease: 1025 Farmhouse Lane, San Luis Obispo

One Space for lease in Farmhouse Restaurant Building: Premier Restaurant Space +/- 2,787 sq. ft. Seating outside for 40 with tables and umbrellas included in the lease. Table seating inside for 40 plus 10 counter seats. Beer and Wine license for sale.

Leased

+/- 212.9 Gross Coastal Ranch Acres: 5 Parcels for Sale: Morro Bay, CA ~ Facing Pacific Ocean

Coastal Ranch for sale. 5 Parcels totaling +/- 212.9 gross acres in the County of San Luis Obispo and in the Annexation Sphere for the City of Morro Bay. Parcels will be sold together. Parcels will need to annexed for individual parcel development (refer to City and County Planning). Zoned AG. Click HERE for Panorama Drone Aerials.

Sold

Purchase Price $2,500,000
Kraker Office Building in San Luis Obispo

+/- 1,419 sq. ft. of Office Space: 641 Higuera Street, Suite 220: San Luis Obispo, CA

Second floor office suite with +/- 1,419 sq. ft. gross leasable (+/- 1,107 sq. ft. useable) includes: three offices plus reception / open work area, common restrooms / break-room, elevator access. Excellent downtown location close to shops and restaurants.

Leased

Kraker Office Building in San Luis Obispo

+/- 2,618 Gross Sq. Ft. Office: 641 Higuera Street, Suite 300, San Luis Obispo, CA

Excellent location offering a classic downtown San Luis Obispo office. Open office with lots of natural light and excellent views. Four offices, private kitchenette and corner open space plan. Access to open deck area. The +/- 2,618 sq. ft. suite includes +/- 654 sq. ft. of shared common area.

Leased

Creekside Property 4111 Building View

± 3,710 Sq. Ft. Office Space for Lease at Creekside Campus: 4111 Broad Street, Suite D, San Luis Obispo, CA

Suite D: +/- 3,710 sq. ft. of finished commercial office space for lease on second floor at Creekside Campus. Fiber availability; Elevator served. Excellent location in the heart of San Luis Obispo’s business and tech core. Monument signage; large reciprocal parking. Can be combined with Suite F: 6,513 sq. ft. for a total of +/- 10,223 sq. ft. and offers rare SCIF room (Sensitive Compartmented Information Facility).

Leased

641 Higuera Property View Entrance

± 728 sq. ft. Office Space for Lease: 641 Higuera Street, Suite 202: San Luis Obispo, CA

Office Suite with +/- 728 sq. ft. gross leasable space located on the second floor of the Kraker Office Building. Two private offices and a reception area/waiting room. Elevator Served. Common Kitchen area and Bathrooms. Excellent downtown location. Rate: $1.55 sq. ft., NNN ($.50 sq. ft.) per month: includes water, power, common area, HVAC, excludes internal janitorial, phones and internet. 

Leased

80 Unit Approved Senior Project for Sale in Santa Maria

80 Unit Approved Senior Project: 502-524 E Barcellus Avenue, Santa Maria, CA

This property is both a key and unique development opportunity within the City of Santa Maria and the Central Coast region. This is a rare infill R3 Zoned amenity rich entitled project (PD 2016-0005) for Senior Apartments. 80 units in a mix of one and two bedrooms. The property is adjacent to medical services and walking distance to shopping centers. New reduced purchase price.

Sold

$2,400,000

1310 Las Tablas Rd., Suite 105, Templeton: +/- 2,500 S/F Medical Office in Omkar Medical Plaza

Suite includes: 5 treatment rooms, 2 private offices,  separate kitchen, storage room with sink. Located .2 miles from Twin Cities Hospital. Neighbors include: Radiology Diagnostics Center, Central Coast Pediatrics and CHC. Three or Five year lease options.

Leased

McCarty Davis Central Coast Economic Forecast 2023

In general, market sectors are seeing slight increases in vacancy.  In all market segments, there is absorption of smaller spaces, but larger spaces generally continue to languish on the market.  The office market is the most significant segment impacted by COVID and the shift of employees’ desire to work from home. Companies are struggling in this post-pandemic period to determine their office needs.  The Industrial sector in the North County has added a few buildings. Larger industrial spaces remain unabsorbed.  Retail has shown slight improvement overall in San Luis Obispo, with regional/national retailers back-filling space.  Housing sales have cooled but remain high-valued with little standing inventory.