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33898972

595 MARSH ST, SAN LUIS OBISPO, CA 93401-3929

KS
CA #01491442
Simon Commercial Real Estate
Listed by Simon Commercial Real Estate
$2,495,000
6 days on market
Updated 0 days ago

595 MARSH ST SAN LUIS OBISPO CA 93401-3929

Details
APN 003-517-022
Property Type Retail
Sub Type Storefront
Square Footage 4,438
Net Rentable (SqFt) 4,438
Units 3
Cap Rate 5.77%
NOI $144,000
Occupancy 100%
Tenancy Single
Brand/Tenant Couch Potato
Lease Type Absolute NNN
Remaining Term 10
Lease Options Negotiable
Class A
Year Built 2014
Lot Size (SqFt) 4,438
Zoning Downtown Commercial
Tenant Credit Credit Rated
Ground Lease No
Sale Condition Sale for leaseback

Investment Opportunity - Seller Leaseback - Absolute NNN Lease

Marketing description

595 Marsh Street, San Luis Obispo, CA 93401 presents a rare investment opportunity in the heart of Downtown San Luis Obispo. Offered at $2,495,000, this premier commercial property includes three suites totaling approximately 4,438 SF across APNs 003-517-020, 003-517-021, and 003-517-022. Positioned at an exceptional corner location, the property offers outstanding street presence and visibility at a highly traveled downtown intersection. As noted in the flyer, it sits directly across the street from San Luis Square, a major mixed-use development designed to energize and anchor the area’s ground-floor retail presence. Zoned Downtown Commercial, 595 Marsh Street is ideally suited for investors seeking a prime core location with long-term upside. The offering is further enhanced by its seller-leaseback potential, making it an attractive opportunity for buyers looking for immediate occupancy stability in one of the Central Coast’s most desirable downtown markets. This is a chance to acquire a standout asset in San Luis Obispo’s vibrant downtown core. Premium investment opportunity in growing market

Investment highlights

Successful Owner Operator will sell the property with current business in place and lease it back with an absolute NNN lease. The Owner has been in the high end furniture business for over 20 years, in several of the cities along the California Central Coast.

Listing Contacts

KS
CA #01491442
Simon Commercial Real Estate
Listed by Simon Commercial Real Estate

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$144,000.00
$12,000.00/mo

Valuation Metrics

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DSCR
5.77%
Cap Rate
5.77%
ROI

Map

Zoning

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C-D-MU OverlayDowntown Commercial Mixed Use Overlay
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Last updated May 12, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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