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$1,395,000
New Listing

1022 Mill Street
San Luis Obispo, CA 93401

For Sale|Mixed Use|Active
0
Beds
0
Total Baths
2,471
SqFt
$565
/SqFt
1925
Built
County:
San Luis Obispo
Listed by Laura Gleason of Central Coast Home & Land [email protected]
1022 Mill Street1022 Mill Street1022 Mill Street1022 Mill Street
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Monthly Payment (Est.)

$6,365
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Located at 1022 Mill Street, this well-positioned mixed-use commercial property originally a residence converted to a commercial office in 1996 presents a compelling opportunity for investors and owner-users alike, offering flexible office configurations, on-site parking, a separate rear unit, and an outdoor patio area—all within walking distance to the San Luis Obispo County Courthouse. Its central location near downtown San Luis Obispo, Highway 101, and major professional corridors makes it highly desirable for legal, professional, and service-oriented tenants. The main building features five private offices arranged in a functional and efficient layout, ideal for legal practices, professional services, medical or wellness use, or creative office environments. Two bathrooms support staff and client use, while the flexible floor plan allows for future reconfiguration to meet evolving tenant or owner-user needs. A separate unit at the rear of the property enhances the investment profile by offering the potential for multiple income streams, additional leasable space, or private workspace for an owner-user, subject to zoning and use approvals. The separation of structures supports mixed-use functionality while maintaining privacy between uses. An outdoor patio area provides a rare and valuable amenity for an office property, offering space for breaks, informal meetings, or outdoor use that enhances tenant appeal and workplace quality. Combined with on-site parking, this feature strengthens tenant retention and overall marketability in a high-demand location. With its walk-to-courthouse location, mixed-use potential, flexible office layouts, separate rear unit, outdoor patio, and parking, 1022 Mill Street represents a strong opportunity for an investor seeking a stable commercial asset with upside potential, or an owner-user looking to offset occupancy costs through additional rental income in one of San Luis Obispo’s most sought-after professional districts.

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Listing Snapshot
Price 
$1,395,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
2,471 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.21 Acres
Year Built 
1925
MLS® Number 
NS26014748
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
14 hours agoListing first seen on site
14 hours agoListing updated with changes from the MLS®
General Features
Acres 
0.21
Additional Property Use 
Commercial
Land Lease 
No
Number Of Stories 
1
Property Sub Type 
Mixed Use
Special Circumstances 
Standard
SqFt Total 
2471
Utilities 
Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
Water Source 
Public
Interior Features
Laundry Features 
None
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Exterior Features
Construction Details 
Stucco
Fencing 
Wood
Lot Features 
LandscapedNear Public Transit
Roof 
Composition
Community Features
Financing Terms Available 
Cash
MLS Area 
SLO - San Luis Obispo


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. The 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, the 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.

Neighborhood & Commute
Source: Walkscore
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