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Property Description
Completely renovated from the ground up, this state-of-the-art retail facility underwent extensive construction work, which concluded in January 2021, and has remained unoccupied since. Upon entering the property's parking lot, you'll find an abundance of parking spaces, including 20 standard spots, two ADA-compliant spaces, and two electric vehicle charging stations. The building's exterior showcases a custom mural, skillfully painted by the Marmalade Mural Company, visible from Broad Street.
Upon entering the building, you'll encounter a welcoming front reception area and a waiting room. Within the main retail space, there's a well-conceived center island with flexible use areas surrounding the central retail square. Additionally, you'll find a climate-controlled cloning room and a comfortable customer lounge. Towards the rear of the building, there's a finely appointed General Manager's office with expansive glass walls and doors, along with an adjacent conference room. Directly across from the manager's office, you'll discover an employee break room, a floor manager's office, and an IT room.
Beyond the manager's office lies a specially designed, climate-controlled vault built in compliance with city and state regulations, meeting stringent security standards. Adjacent to the vault, there's a loading bay equipped with removable parking bollards, a spacious roll-up door capable of accommodating various delivery vehicle sizes, an exhaust extraction system, and climate control features.
This property was conceived as a net-zero project, emphasizing low energy consumption through high-efficiency appliances, solar power integration, and electric vehicle charging stations. As part of the sale, another structure, 2600 Broad, located adjacent to 2640 Broad, is included. This building remains unrenovated but holds potential for various retail applications.
This could have a wide range of uses from medical, commercial retail, restaurant or other uses. Please confirm with the City on all the possibilities!
Full Property Details
Full Property Details for 2640 Broad St
General
- Status: Closed
- Type: Retail
- Source: MRMLS
- MLS ID: SC23165608
- Added to Site: 893 day(s) ago
Business
- Business Type: Accounting, Commercial, Parking, Professional Service
Rooms
Other Rooms
- Laundry: None
Additional Information
- Security/Safety: Carbon Monoxide Detector(s), Card/Code Access, Closed Circuit Camera(s), Fire and Smoke Detection System, Fire Rated Drywall, Fire Sprinkler System, Security System, Wired for Alarm System
Location
- County: San Luis Obispo
- Driving Directions: Broad street to Francis. Property located on the corner.
Heating & Cooling
- Cooling Type: ENERGY STAR Qualified Equipment
- Heating Type: ENERGY STAR Qualified Equipment
Structural Information
- # Buildings: 2
- Roof: Flat
- Sprinklers: Yes
- Entry Floor Number: 1
- Stories/Levels: 1
- Building Size: 7900
- Square Feet: 7,900
- Year Built: 2021
- Year Built Source: See Remarks
Unit Information
- Occupancy Rate: Vacant
Lot Features
- Lot Size (Acres): 0.4627
- Useable Acres: .4627
- Lot Size (Sq. Ft.): 20,155
- Lot Size Source: Assessor
- Lot Features: 2-5 Units/Acre, Corner Lot, Lot 20000-39999 Sqft, Rectangular Lot, Sprinkler System
- Lot Description: 2-5 Units/Acre, Corner Lot, Lot 20000-39999 Sqft, Rectangular Lot, Sprinkler System
Financial Considerations
- Price Per Sq. Ft.: $351
Disclosures and Reports
- Investment: Yes
- Property ID: 4925036
Listed by Richardson Sotheby's International Realty, AndrewRichardson and CharlesRichardson
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Schools
Schools serving 2640 Broad St
School District:San Luis Coastal Unified School District
| Name | Grades | Distance |
|---|---|---|
Hawthorne Elementary School, San Luis Obispo, CA 2125 Story Street, San Luis Obispo, CA 93401 | K-6 | 0.5 mi |
Laguna Middle School 11050 Los Osos Valley Road, San Luis Obispo, CA 93405 | 7-8 | 2.5 mi |
San Luis Obispo High School 1499 San Luis Drive, San Luis Obispo, CA 93401 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2640 Broad St
Date
Details
Price
Change
Source
3/27/2024
Price Reduced
$3,500,000
-11.39%
MLS
11/07/2023
Price Reduced
$3,950,000
-4.82%
MLS
10/06/2023
Price Increased
$4,150,000
18.57%
MLS
9/11/2023
Sold
$3,500,000
-20.45%
MLS
9/11/2023
Listed
$4,400,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2640 Broad Street, San Luis Obispo, CA 93401 (MLS# SC23165608) is a Retail property that was sold on September 11, 2023. Want to learn more about 2640 Broad Street? Do you have questions about finding other Retail real estate for sale in San Luis Obispo? You can browse all San Luis Obispo real estate or contact a Coldwell Banker agent to request more information.

