San Luis Obispo, CA Commercial Real Estate for Rent and Sale

Search 80 commercial real estate listings in San Luis Obispo, CA and find helpful local stats in the Market Overview section below.

1288 Morro Street, Suite 110

1288 Morro Street, Suite 110, Mitchell Park, San Luis Obispo, CA
Property

Office

53,985 SF
Availability

1 Space

1,633 SF
For Lease

$2.00/SF/MO
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990 Pacific Street

990 Pacific Street, Mitchell Park, San Luis Obispo, CA
Property

Office

25,500 SF
Availability

1 Space

1,198 SF
Year Built

1947
For Lease

$2.10/SF/YR
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Class A Professional Office Suite +/- 5,870 SF

1080 Court St, Downtown San Luis Obispo, San Luis Obispo, CA
Property

Office
Availability

1 Space

5,870 SF
For Lease Contact for pricing
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Class A Medical Office Space Located on Sierra Vista Regional Medical Campus (Tenet Health)

35 Casa St, Santa Rosa Park, San Luis Obispo, CA
Property

Other
Availability

1 Space

2,073 SF
For Lease Contact for pricing
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Looking for more specific results? Choose your preferred property type

Office Coworking Retail Industrial

Office Retail Industrial Land
1288 Morro St, Suite 100

1288 Morro Street, Suite 100, Mitchell Park, San Luis Obispo, CA
Property

Office

53,589 SF
Availability

1 Space

1,985 SF
For Lease

$1.85/SF/MO
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Downtown San Luis Obispo Professional Office Suite

1065 Higuera St Ste 301, Downtown San Luis Obispo, San Luis Obispo, CA
Property

Office
Availability

1 Space

1,100 SF
For Lease Contact for pricing
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7.29 +/- Acres Manufacturing (M) Zoned Raw Land

197 Suburban Rd, South Higuera, San Luis Obispo, CA
Property

Other
For Sale

$6,900,000
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Tank Farm Office Park - 689 Tank Farm Road

689 Tank Farm Road, South Hills Open Space, San Luis Obispo, CA
Property

Office

28,000 SF
Availability

2 Spaces

13,288 SF
Year Built

2006
For Lease

$1.75/SF/MO
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First Class Professional Office Suite in Downtown San Luis Obispo

999 Monterey St, Downtown San Luis Obispo, San Luis Obispo, CA
Property

Office
Availability

1 Space

1,900 SF
For Lease

$3.35/SF/YR
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Bishop Medical Center

1551 Bishop Street, Johnson, San Luis Obispo, CA
Property

Office

33,289 SF
Availability

2 Spaces

6,274 SF
Year Built

1987
For Lease

$2.50 - $2.65/SF/MO
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835 Aerovista Pl., Suite 110

835 Aerovista Pl, Edge of San Luis Obispo, San Luis Obispo, CA
Property

Office

2,929 SF
Availability

1 Space

2,929 SF
For Lease

$2.25/SF/YR
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865 Aerovista Pl., Suite 120

865 Aerovista Pl., Suite 120, Edge of San Luis Obispo, San Luis Obispo, CA
Property

Office

5,972 SF
Availability

1 Space

798 SF
Year Built

2008
For Lease

$1.95/SF/YR
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Railroad Square Business Park

1880 Santa Barbara Ave, Mitchell Park, San Luis Obispo, CA
Property

Office

3,769 SF
Availability

1 Space

3,769 SF
Year Built

1912
For Lease

$2.15/SF/MO
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Class A Professional Office Suite Downtown San Luis Obispo

1026 Chorro St, Downtown San Luis Obispo, San Luis Obispo, CA
Property

Office
Availability

1 Space

1,861 SF
For Lease Contact for pricing
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Approved Commercial Subdivision in San Luis Obispo, Allowing a Wide Array of Uses

400 Prado Rd, South Hills Open Space, San Luis Obispo, CA
Property

Other
For Sale

$7,995,000
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First Class Downtown Office Building with Parking

994 Mill St, Downtown San Luis Obispo, San Luis Obispo, CA
Property

Office
Availability

1 Space

5,174 SF
For Lease Contact for pricing
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First Class Downtown Modern Office

369 Marsh St, Downtown South San Luis Obispo, San Luis Obispo, CA
Property

Office
Availability

1 Space

1,000 SF
For Lease Contact for pricing
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Premier, High-Identity Space in San Luis Obispo County's #1 Most Visited Retail Center

1511 Froom Ranch Way San Luis Obispo, Laguna Lakes Mobile Estates, San Luis Obispo, CA
Property

Office
Availability

1 Space

1,043 SF
Year Built

2006
For Lease Contact for pricing
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4251 South Higuera Street
San Luis Business Center
4251 South Higuera Street #501 & 800, San Luis Obispo, CA
Services

Meeting Room

Private Office
Amenities

Accessible

Break room

Cleaning services

Complimentary coffee & tea

Directory listing

Free water

Heating & A/C

High-speed internet

Kitchen

Mail services
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851 Higuera Street

851 Higuera Street, Downtown San Luis Obispo, San Luis Obispo, CA
Property

Retail

2,565 SF
Availability

1 Space

2,565 SF
For Lease

$3.90/SF/MO
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Commercial Real Estate Listings in San Luis Obispo, CA

The San Luis Obispo real estate market has a lot to offer. You will find that Office space accounts for the largest share of CRE for rent opportunities on the local market. Meanwhile, Retail space accounts for the second-largest share of listings on the market.

San Luis Obispo, CA Commercial Real Estate Listings for Rent

Type No. of Listings Space Available

Office 40 397,150 Sq. Ft.

Retail 20 566,654 Sq. Ft.

Industrial 3 15,123 Sq. Ft.

CRE for Rent in San Luis Obispo, CA by Use Type

Office

40.57%

Retail

57.89%

Industrial

1.54%

Top Locations for Commercial Space in San Luis Obispo, CA

Depending on the type of space that you’re looking for, different areas of San Luis Obispo may suit your needs differently. The city’s Downtown San Luis Obispo neighborhood has the highest concentration of CRE listings, offering 27 availabilities on the market. The Edge of San Luis Obispo neighborhood is home to the second-largest number of leasing opportunities — 13 listing(s).

At the same time, it is worth noting that the concentration of one particular type of commercial real estate in an area is a good indication of the potential of that neighborhood or submarket. For example, if you want to rent an office, consider that you will find the largest concentration of opportunities in Downtown San Luis Obispo.

Top Locations for CRE Listings in San Luis Obispo, CA

Neighborhood with most CRE Listings No. of Spaces

Downtown San Luis Obispo 27

Edge of San Luis Obispo 13

South Higuera 13

Top Locations for Office Listings in San Luis Obispo, CA

Neighborhood with most Office Listings No. of Spaces

Downtown San Luis Obispo 19

Downtown South San Luis Obispo 7

Mitchell Park 4

Areas with numerous industrial properties are also more likely to be well-connected logistically. The Johnson area is the local San Luis Obispo submarket with the most listings for rent, at this time.

Retail properties can be both scattered and clustered, mostly depending on the use type and where it best fits in order to be close to the customers. In San Luis Obispo, you’ll find the most such opportunities for lease to be in Anholm.

Top Locations for Retail Listings in San Luis Obispo, CA

Neighborhood with most Retail Listings No. of Spaces

Anholm 10

Edge of San Luis Obispo 9

Downtown San Luis Obispo 7

Commercial Real Estate for Sale in San Luis Obispo, CA

If you’re looking to invest in real estate rather than to lease, the local real estate market also has something to offer. There are currently 45,611 square feet of commercial property for sale in San Luis Obispo. The largest investment opportunity on the local market offers 9,409 square feet of earning potential. If you are looking to buy a smaller property, consider that local listings for sale start at 2 square feet.

It’s worth noting that not all sale opportunities will have a price listed, but it is easy to reach out to the property representative for more information or to schedule a tour using the contact form or the contact details available on the listing page.

Mixed-Use and Green Commercial Real Estate in San Luis Obispo, CA

Mixed-use properties incorporate at least two different types of commercial real estate, which can present a series of advantages. The different real estate types in a mixed-use property can complement each other in ways that sustain mutual success. For instance, ground-floor retail spaces may benefit from the constant stream of office workers to and from the upper floors of the same building, as well as serve the surrounding community.

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