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664 MarshSan Luis Obispo, CA 93401

San Luis Obispo County

$1,818,000List price
1,920Sq Ft
1937Year built
0.16Acre lot
1Stories
9 weeks agoOn market

Description

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.

Property Information

Property type
Commercial Sale
Sub-type
Retail
Year built
1937
Stories
1
Building area
1,920 Sq Ft
Lot size
0.16 acres
Days on market
64
MLS® Listing#
SC26164619

Property Features

Laundry
None
Lot features
Level · Rectangular Lot
Water source
Public
Parcel number
002422021

Directions

Exit 101 on Marsh St. Property is a few blocks down on left

Listing Courtesy: Acquire Mortgage & Real Estate - 760-402-0555

Presented by: Levi Seligman

Based on information from California Regional Multiple Listing Service, Inc. as of 2026-08-06T00:00:00.000Z and/or other sources. 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.

Licensed in the state of California.

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