San Luis Obispo, CA Commercial Real Estate

Search commercial property for lease or for sale and view the Market Overview section below for local stats and insights.

101 Listings

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$1.95/SF/MO
Creekside Center
4115 Broad Street, South Hills Open Space, San Luis Obispo, CA
Space Type
Office
5 spaces

2,180 - 21,166 SF
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$1.05/SF/YR
990 Pacific Street
990 Pacific Street, Mitchell Park, San Luis Obispo, CA
Space Type
Office
1 space

1,198 SF
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$1.95 - $2.10/SF/MO
Railroad Square Business Park
1880 Santa Barbara Ave, Mitchell Park, San Luis Obispo, CA
Space Type
Office
5 spaces

1,177 - 3,619 SF
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2 of 2
Price on request
Premier, High-Identity, Fully Fixtured Salon Space in San Luis Obispo County’s #1 Most-Visited Retail Center
1511 Froom Ranch Way, Laguna Lakes Mobile Estates, San Luis Obispo, CA
Space Type
Mixed Use
1 space

1,043 SF
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$2.00/SF/MO
1288 Morro Street, Suite 110
1288 Morro Street, Suite 110, Mitchell Park, San Luis Obispo, CA
Space Type
Office
1 space

1,633 SF
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$2.20/SF/MO
285 South Street
285 South Street, Downtown South San Luis Obispo, San Luis Obispo, CA
Space Type
Office
1 space

2,000 SF
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2 of 2
Price on request
Office | Retail Space | ±1,100 SF
736 Marsh St, Downtown San Luis Obispo, San Luis Obispo, CA
Space Type
Mixed Use
1 space

1,100 SF
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$1.85/SF/MO
895 Aerovista Place, Suite 102
895 Aerovista Place, Suite 102, Edge of San Luis Obispo, San Luis Obispo, CA
Space Type
Office
1 space

7,197 SF
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$2.25/SF/MO
805 Aerovista Place
805 Aerovista Place, Edge of San Luis Obispo, San Luis Obispo, CA
Space Type
Office
1 space

6,121 SF
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$2.75/SF/MO
California Medical Center
620 California Blvd, Monterey Heights, San Luis Obispo, CA
Space Type
Office
1 space

3,098 SF
1 of 1
Price on request
+/- 1,250 SF Warehouse Space in South San Luis Obispo
4120 Horizon Ln, South Higuera, San Luis Obispo, CA
Space Type
Mixed Use
2 spaces

1,100 - 1,250 SF
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$2.20/SF/MO
277 South Street
277 South Street, Downtown South San Luis Obispo, San Luis Obispo, CA
Space Type
Office
1 space

6,562 SF
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$1.85/SF/MO
755 & 775 Fiero Lane
775 Fiero Lane, San Luis Obispo, CA
Space Type
Office
1 space

5,828 SF
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$1.85/SF/MO
2959 Broad St Ste 110
2959 Broad St Ste 110, South Hills Open Space, San Luis Obispo, CA
Space Type
Retail
1 space

4,726 SF
1 of 1
$4,600,000
1390 Walker Street
1390 Walker St, Downtown South San Luis Obispo, San Luis Obispo, CA
Property Type
Other
47,916 SF
1 of 1
Price on request
4185 Earthwood Ln
4185 Earthwood Ln, South Higuera, San Luis Obispo, CA
Space Type
Land
1 space

8,307 SF
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$2.25/SF/MO
4460-4484 Broad Street
4460 Broad Street, Edge of San Luis Obispo, San Luis Obispo, CA
Space Type
Office
1 space

10,708 SF
1 of 1
$1.40/SF/MO
183 Prado Rd
183 Prado Rd, South Higuera, San Luis Obispo, CA
Space Type
Industrial
1 space

8,600 SF
1 of 1
$2.65/SF/YR
Downtown San Luis Obispo Professional Office Suite
1065 Higuera St, Downtown San Luis Obispo, San Luis Obispo, CA
Space Type
Office
1 space

1,511 SF
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$1.50/SF/MO
755 Fiero Lane
755 Fiero Lane, San Luis Obispo, CA
Space Type
Office
1 space

2,979 SF
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2 of 2
Price on request
High Exposure Retail Space on the Corner of Higuera and Chorro in the Absolute Heart of San Luis Obispo’s Downtown Core.
796 Higuera St, Downtown San Luis Obispo, San Luis Obispo, CA
Space Type
Mixed Use
1 space

1,975 SF
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$1.75/SF/MO
1411 Marsh Street
1411 Marsh Street, Downtown San Luis Obispo, San Luis Obispo, CA
Space Type
Office
1 space

936 SF
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$1.95/SF/MO
Higuera Center
100 Cross Street, South Higuera, San Luis Obispo, CA
Space Type
Office
4 spaces

2,656 - 9,135 SF
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$1.85/SF/MO
1288 Morro St, Suite 100
1288 Morro Street, Suite 100, Mitchell Park, San Luis Obispo, CA
Space Type
Office
1 space

1,985 SF
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$2.85/SF/MO
Bishop Medical Center
1551 Bishop Street, Johnson, San Luis Obispo, CA
Space Type
Office
1 space

1,162 SF
1 of 1
Price on request
Warehouse/Showroom Space in South San Luis Obispo
3566 S Higuera St, South Higuera, San Luis Obispo, CA
Space Type
Mixed Use
2 spaces

5,100 SF
1 of 1
$1.80 - $1.85/SF/YR
3,934 SF of Office Space in South San Luis Obispo Short Distance to Highway 101
102 Cross St, South Higuera, San Luis Obispo, CA
Space Type
Mixed Use
2 spaces

3,934 - 4,987 SF
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2 of 2
Price on request

San Luis Business Center
San Luis Business Center - 4251 South Higuera Street
4251 South Higuera Street #501 & 800, San Luis Obispo, CA
Space Type
Private Offices
Price on request
250 Tank Farm Road
250 Tank Farm Road, South Higuera, San Luis Obispo, CA
Space Type
Land
6 spaces

45,247 - 62,156 SF
$495,000
1250 Peach St #H
1250 Peach St, Downtown San Luis Obispo, San Luis Obispo, CA
Property Type
Office
Built in 1974

1,360 SF
Price on request
250 Tank Farm Road Parcel 5
250 Tank Farm Road, South Higuera, San Luis Obispo, CA
Property Type
VacantLand
1.15 Acre
$2.95/SF/YR
Newer Class A Office Space - 1,550 SF Close to Downtown
1327 Archer Ave, Downtown South San Luis Obispo, San Luis Obispo, CA
Space Type
Office
1 space

1,549 SF
$2.75/SF/YR
Newer Class A Office Space - 2,966 - 4,512 SF Close to Downtown
1327 Archer St, Downtown South San Luis Obispo, San Luis Obispo, CA
Space Type
Office
1 space

4,512 SF
$1,895,000
138 & 140 South Street
138 & 140 South Street, Downtown South San Luis Obispo, San Luis Obispo, CA
Property Type
Retail
8,230 SF
$1.45/SF/MO
3426 Empresa Dr
3426 Empresa Dr, South Higuera, San Luis Obispo, CA
Space Type
Office
1 space

1,750 SF
$4,500.00/MO
267 Pismo St
267 Pismo St, Downtown South San Luis Obispo, San Luis Obispo, CA
Space Type
Industrial
4 spaces

450 - 5,130 SF
Price on request
250 Tank Farm Road
250 Tank Farm Road, South Higuera, San Luis Obispo, CA
Property Type
VacantLand
6.9 Acre
$1.75/SF/MO
Pacific Coast Center
75 Higuera Street, Downtown South San Luis Obispo, San Luis Obispo, CA
Space Type
Office
1 space

2,180 SF
Price on request
250 Tank Farm Road Parcel 2
250 Tank Farm Road, South Higuera, San Luis Obispo, CA
Property Type
VacantLand
1.12 Acre
$2,595.00/MO
860 Walnut Street
860 Walnut Street, Downtown San Luis Obispo, San Luis Obispo, CA
Space Type
Office
1 space

1,100 SF

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San Luis Obispo, CA Commercial Real Estate Market Overview: Key Trends & Insights

San Luis Obispo has 918,197 square feet of commercial real estate inventory as of 2026. This inventory is distributed across nearly 100 properties.

This overview provides a snapshot of the San Luis Obispo commercial sector, highlighting the most important aspects and trends to guide you through the local landscape, whether you are looking to lease or invest in local CRE assets.

Commercial Space for Rent in San Luis Obispo, CA

Based on the latest estimates, San Luis Obispo, CA offers almost 100 commercial listings for lease, totaling about 918,197 square feet.

Current leasing options comprise 43 office listings, which represent approximately 67.19% out of the total leasing inventory. There are also 9 industrial and warehouse listings, making up 14.06% of the total. Additionally, 12 retail listings make up 18.75% of the local leasing market. These types are supplemented by 14 listings for lease belonging to other commercial types.

Property type No. of Listings Total Sq. Ft. Avg. Asking Rent

Office 43 515,282 $26.43

Retail 12 567,275 $36

Industrial 9 72,729 $15.31

Other 14 510,157 N/A

Commercial Real Estate for Sale in San Luis Obispo, CA

As of 2026, San Luis Obispo, CA has a total of 24 commercial real estate properties for sale.

This inventory includes 5 office assets and 5 retail properties available for purchase.

The largest share is held by Office, with 20.83% out of local properties for sale belonging to this asset type. Retail has the next largest share at 20.83% of commercial properties for sale in San Luis Obispo.

Property type No. of Listings Total Sq. Ft.

Office 5 515,282

Retail 5 567,275

Other 14 1,239,309

Leading Commercial Real Estate Submarkets by Property Type in San Luis Obispo, CA

The leading commercial real estate submarkets for different property types in San Luis Obispo are:

Office: Downtown San Luis Obispo with 15 office listings, totaling 23,674 square feet.
Industrial: South Higuera with 6 industrial listings, totaling 30,498 square feet.
Retail: Laguna Lake with 11 retail listings, totaling 62,992 square feet.