CnC Realty
1 / 33

$1,818,000

664 Marsh

San Luis Obispo, CA 93401

Active

1937

Year Built

San Luis Obispo

County

Retail

Property Type

About this home

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.

Listed by Levi Seligman · DRE #01936432 · Acquire Mortgage & Real Estate
MLS #1179188894
ListedAug 6, 2026

Property Details

Architecture

Stories1
StyleN/A
Total UnitsN/A
RoofN/A
Garage SpacesN/A
PoolN/A
SpaN/A

Features & Amenities

Interior FeaturesN/A
Exterior FeaturesN/A
FlooringN/A
CoolingN/A
HeatingN/A
FireplaceN/A
LaundryNone
Parking FeaturesN/A
Parking TotalN/A
Patio & PorchN/A
Entry Level1
Entry LocationN/A
Common WallsN/A

Property Features

Lot Size0.16 ac
Lot FeaturesLevel, Rectangular Lot
ViewN/A
DirectionsExit 101 on Marsh St. Property is a few blocks down on left

Community

AreaSLO - San Luis Obispo
School DistrictN/A

Tax & Financial

TermsN/A
Land LeaseN/A
HOA NameN/A
HOA FeeN/A

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Mortgage Estimate

$9,676/mo

20% down · 7% APR · 30-yr fixed

Estimate only. Does not include taxes, insurance, or HOA.

CRMLSLast updated: October 21, 2026 at 4:30 PM

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