1,920 sqft

$1,818,000

664 Marsh, San Luis Obispo CA, 93401

Price per sqft$946.88

Built in1937

Property size1,920 sqft

Property typeCommercial

Overview

Active

Listed Aug 6, 2026

Updated 9 days ago

Distinctive tenant-occupied commercial investment opportunity in the heart of Downtown San Luis Obispo. Currently home to The Penny, 664 Marsh Street is a historic 1937 former blacksmith and metal-fabrication building that has been transformed into a highly recognizable wedding and special-event venue. The property features industrial character, exposed brick, an open-plan indoor venue, a private outdoor courtyard, and a current configuration designed to accommodate approximately 125 seated or 300 standing guests. Prime walkable downtown location, with established event use, historic architecture, and flexible indoor-outdoor environment make this a rare opportunity to acquire a truly unique San Luis Obispo commercial asset. 4 adjacent properties are available for sale, combining them all would provide genuine development potential.

Additional information

MLS^® ID: SC26164619

Interior Features

Basement: No

Exterior Features

Lot Size: 0.16 Acres

Listed by Levi Seligman, Acquire Mortgage & Real Estate, CA DRE 01936432

Listing Contact: 760-402-0555

Based on information from the CRISNet MLS as of 9/30/2026, 7:43 AM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.