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1500 Palm St., San Luis Obispo

USD 1,275,000
1500 Palm Street ,
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490

Rare opportunity to own office space close to downtown and Cal Poly. The Medical Arts building, also known as the Medical Arts Center, is located on a highly exposed corner of California and Palm Streets on the eastern edge of the San Luis Obispo downtown corridor. Two updated offices on upper level and large office space on the ground level. There are 8 off-street parking spaces and an estimated annual income of $60,000.

The lot is 10,000 sf and is zoned Office. The building is approximately 4,110± sq ft. total with 3 suites and 8 onsite parking spaces. The main level is 2,840± sf with a monthly rental income $4,950 MG and the vacant lower level with separate entrance is 868± sf. All tenants are currently on month to month leases. The surrounding area is a mix of residential and commercial and is convenient to public transportation.

Address: 1500 Palm Street
State/County:
Zip: 93401
Country: United States
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Property Id : 3959
Price: USD 1,275,000
Property Size: 4,110 ft2
Property Lot Size: 10,000 ft2
Year Built: 1967
2 story
Tile Flooring

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Linda Wilson

Owner/Broker - BRE#01045160
805.543.7727
805.801.3232­
linda.wilson@sothebysrealty.com
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