San Luis Obispo (SLO) Homes with Mixed Use Subtype

San Luis Obispo (SLO) Homes with Mixed Use Subtype

Welcome to the charming city of San Luis Obispo (SLO), nestled in the heart of California's picturesque Central Coast. Known for its stunning landscapes, vibrant culture, and a pleasant Mediterranean climate, SLO is a delightful place to call home. With the majestic Santa Lucia Mountains as a backdrop and the scenic coastline just a short drive away, residents enjoy a perfect blend of outdoor adventure and urban convenience.

San Luis Obispo is not only rich in natural beauty but also boasts a thriving community that embraces a unique lifestyle. The city is home to the famous Farmers’ Market, award-winning wineries, and an eclectic mix of shops and restaurants that reflect the local flavor. The historic downtown area, with its charming architecture and lively atmosphere, invites residents to explore art galleries, boutique stores, and delightful cafes.

For those seeking a home that offers both residential comfort and commercial opportunity, the mixed-use properties in San Luis Obispo present an ideal solution. These versatile homes allow you to live, work, and play all in one location. Imagine waking up in a beautifully designed space that seamlessly integrates your home and workspace, providing convenience and flexibility for today’s modern lifestyle. Whether you’re an entrepreneur looking to establish a local business or a creative professional seeking an inspiring environment, SLO’s mixed-use homes cater to your needs while fostering community engagement.

Don’t miss the chance to experience the best of California living in San Luis Obispo, where your dream home and business can thrive together in perfect harmony!

Newest San Luis Obispo (SLO) Homes with Mixed Use Subtype

356 N Chorro, San Luis Obispo
$4,200,000
PI26222236 MLS ⋅ Active Status
Welcome to Leland Lofts, a 14-unit multifamily property in the heart of San Luis Obispo. Across three buildings, the property offers 12 studios, 2 one-bedroom residences with 1 1/2 baths, on-site laundry, storage and 16 parking spaces and 5 storage spaces. The location puts residents within a short walk or bike ride to Cal Poly, the Foothill shopping and dining district and downtown San Luis Obispo. The current tenant culture consists of working professionals, some of whom work at Cal Poly. In recent years current ownership has invested in the property with new windows, new roof, exterior painting, fencing, landscaping and site improvements, new commercial laundry equipment and renovations in multiple units. The property is currently fully occupied with month to month leases. Leland Lofts offers strong current income with potential to raise rents and from unrented storage units. Explore future improvements with the City for additional units subject to independent feasibility review and required approvals. Note: Unit #14 is not included in the list, as the listing only provides space for 13 units. Unit #14 is a 1 bedroom/1.5 bath unit with a current rent of $2,000/month. AGENT Broker makes no claim in regards to market rents or construction enhancements. All information dispersed is deemed reliable, but not guaranteed. Buyer and buyer's agent or broker to confirm all facts relating to the property. Contact us for the property fact sheet, rent roll and detailed financial information.

356 N Chorro, San Luis Obispo
4115 Vachell, San Luis Obispo
$1,000,000
SC26198157 MLS ⋅ Active Under Contract Status
4115 Vachell Lane offers an exceptional investment opportunity for developers, owner-users, and commercial investors looking to secure a high-potential footprint in a highly convenient corridor. Situated on an expansive 18,232 sq. ft. lot, this versatile property provides a rare combination of immediate residential/office utility, abundant parking, and long-term redevelopment or expansion potential. Detached garage and storage shed included. Lot Size: 18,232 sq. ft. (0.42 Acres) Building Size: 1,482 sq ft 4 Bedrooms / 1.75 Baths (Flexible floor plan) Parking: Abundant on-site parking suitable for fleet vehicles, clients, or tenants

4115 Vachell, San Luis Obispo
615 Clarion Court, San Luis Obispo
$3,949,000
SC26164243 MLS ⋅ Active Status
13,184 SF modern warehouse/office building in San Luis Obispo, offering exceptional flexibility for either multi-tenant investment or owner-occupancy, in a popular modern commercial development. Built in 2004 of metal construction, this contemporary facility is currently divided into four suites. One Class A office suite is secured under a long-term lease, while the remaining space presents an outstanding opportunity for an owner-user seeking an ideal balance of office and warehouse functionality. Up to 9,367 SF is available for a single user with flexible configurations including: • 6,660 SF warehouse + 2,707 SF office, single user • 3,570 SF warehouse + 5,797 SF office, single user or Lease the three remaining suites in current configuration. With high construction costs and lack of available land, warehouse/office combo properties of this quality have become increasingly scarce in the San Luis Obispo market, making this a rare offering. $3,949,000

615 Clarion Court, San Luis Obispo
452 Higuera Street, San Luis Obispo
$2,495,000
10 Beds ⋅ 4 Baths ⋅ SC26131654 MLS ⋅ Active Status
An extraordinary development opportunity awaits in the heart of Downtown San Luis Obispo at 452 Higuera Street. This rare, creekside property spans two adjacent APNs and represents a premier acquisition for developers, contractors, and investors looking to capitalize on a highly prized location. While the site currently features four income-generating residential units (three 3-bedroom/1-bathroom homes and one 1-bedroom/1-bathroom home), the true value of this offering is in the land and its highest and best use as a high-density, mixed-use project. Zoned CR Retail Commercial and allowing for up to 36 density units per acre, the lot is perfectly positioned to support the City of SLO’s long-term initiative for urban infill housing. Future residents will enjoy a vibrant lifestyle in the absolute center of downtown, surrounded by thriving shops, offices, and restaurants. To fast-track your development plans, a professional feasibility study by RRM Design Group has already been completed, highlighting two lucrative pathways: a boutique 11-unit luxury for-sale townhome development, or a higher-density 20-unit condo or apartment complex. Opportunities in this tightly held downtown corridor are exceptionally rare—bring your vision to this premier location and shape the future of San Luis Obispo.

452 Higuera Street, San Luis Obispo
793 Higuera, San Luis Obispo
$3,465,000
PI26092891 MLS ⋅ Active Status
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.

793 Higuera, San Luis Obispo
35 Blarney, San Luis Obispo
$2,650,000
SC26048875 MLS ⋅ Active Status
This exceptional multi-unit property delivers strong cash flow from day one with 7 long-term rentals. Most units feature private fenced yards for enhanced tenant appeal and privacy. Set in a peaceful country location yet just minutes from town, it boasts beautiful views of Bishop Peak and Madonna Mountain—ideal for enjoying Central Coast living. With room to add units (subject to county approval, buyer to verify), this is a turnkey cash-flow opportunity with excellent growth potential in one of California's most sought-after areas. Perfect for investors seeking proven performance, privacy, stunning scenery, and prime location. See listing agent for additional income opportunities.

35 Blarney, San Luis Obispo
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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