Listed by Aaron Young, Compass,

2640 Broad Street

San Luis Obispo, CA, 93401

$8,000,000

$1,000 per ft²
$8,000,000
$1,000 per ft²
Active
Active
 - For Sale
carpenters-square
7,999 ft²
property_type
Commercial
calendar
Built 1964
Extremely rare opportunity to own a fully entitled turnkey Retail Cannabis Location. 2640 Broad was designed and constructed as the premier Cannabis Dispensary in San Luis Obispo California. Completely remodeled down to the studs, Construction was completed in January of 2021 on this state of the art Retail Facility. Upon entering the properties parking lot there are ample parking spaces to include 20 regular parking spots, two ADA parking space and two electric vehicle charging stations. The side of the building boast a custom painted mural painted by Marmalade Mural Company visible from Broad Street. Once Inside the building there is a front greeting area and waiting room. Inside the man retail space there is a well thought out and designed center island offering multiple flex use spaces around the main retail square, as well as a climate controlled clone room , and customer lounge area. A well appointed General Manager’s office with large glass walls and doors and adjacent conference room is located in the back off house in the building. Directly across form the manager’s office is an employee break room, floor managers office and IT room. Past the manager’s office is a custom designed and climate controlled vault to house all back stock inventory that was constructed per city and state requirements meeting rigorous security standards. Adjacent to the vault is a loading bay with removable parking bollards, a large roll up door to accommodate all size delivery vehicles, exhaust extraction system, and climate control. The property was design as a net zero project boasting low energy consumption high efficiency appliances, solar power, and Electric Vehicle car charging stations. Included in the sale is another structure 2600 Broad which is adjacent to 2640. This building has not been renovated and could be used for a variety of retail uses as well as cannabis uses and is poised to be built out custom for a new tenant or business. This spectacular property is truly a rare opportunity with very limited zoning for this use. Don’t miss the opportunity to own a very rare piece of real estate!
MLS® ID:
SC22112257
Listed:
5/25/22
Updated:
10/7/22

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Laundry Description
None
Heating
ENERGY STAR Qualified Equipment

Exterior/Building Features

Lot Size
0.44 acres lot
Lot Details
2-5 Units/Acre

Other Property Details

Area Name
SLO - San Luis Obispo
Garage
No
Parking
N
View
N
County
San Luis Obispo
Utilities
Electricity Connected, Sewer Connected, Water Connected
Water Source
Public
Pool
No

Property History

Date
Event
Price
Value
7/22/22
Price Change
$8,000,000
-11%

 

Courtesy of Compass, Aaron Young,
Listing Contact:  

Based on information from California Regional Multiple Listing Service, Inc. as of 10/7/22. 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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Data last updated 3:01 PM UTC, 10/7/22

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