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1022 Mill St

San Luis Obispo, CA 93401

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$1,395,000

2,471 sq ft

1022 Mill St

San Luis Obispo, CA 93401

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Listed On: 01/26/2026
Status: Active
Listing Number: NS26014748 (CRMLS)

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Contact Info


Advertising Agent:

London Properties, Ltd.
London Properties, Ltd. 559.436.4071 Email Agent
Property Description
Listing Agent: Laura Gleason, Central Coast Home & Land

Located at 1022 Mill Street, this well-positioned mixed-use commercial property originally a residence converted to a commercial office in 1996 presents a compelling opportunity for investors and owner-users alike, offering flexible office configurations, on-site parking, a separate rear unit, and an outdoor patio area-all within walking distance to the San Luis Obispo County Courthouse. Its central location near downtown San Luis Obispo, Highway 101, and major professional corridors makes it highly desirable for legal, professional, and service-oriented tenants. The main building features five private offices arranged in a functional and efficient layout, ideal for legal practices, professional services, medical or wellness use, or creative office environments. Two bathrooms support staff and client use, while the flexible floor plan allows for future reconfiguration to meet evolving tenant or owner-user needs. A separate unit at the rear of the property enhances the investment profile by offering the potential for multiple income streams, additional leasable space, or private workspace for an owner-user, subject to zoning and use approvals. The separation of structures supports mixed-use functionality while maintaining privacy between uses. An outdoor patio area provides a rare and valuable amenity for an office property, offering space for breaks, informal meetings, or outdoor use that enhances tenant appeal and workplace quality. Combined with on-site parking, this feature strengthens tenant retention and overall marketability in a high-demand location. With its walk-to-courthouse location, mixed-use potential, flexible office layouts, separate rear unit, outdoor patio, and parking, 1022 Mill Street represents a strong opportunity for an investor seeking a stable commercial asset with upside potential, or an owner-user looking to offset occupancy costs through additional rental income in one of San Luis Obispo's most sought-after professional districts.
Property Type
Commercial Sale
Property Sub Type
Mixed Use
Asset Class
Office
Year Built
1925
Special Listing Conditions
Standard
Stories Total
1
Current Use
Commercial
Number Of Buildings
2
Entry Level
1
Building Status
Existing
Price Per Square Foot
$565
Days On London
29
County Or Parish
San Luis Obispo
Investment Property Y/N
Yes
Fence Y/N
Yes
Directions
Santa Rosa to Mill Street
Laundry Features
None
Retail Center Type
Mixed Use
Signage
Sign Freestanding
Roof
Composition
Construction Materials
Stucco
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Water Source
Public
Condo Area Units
Square Feet
Land Use
Office
Fencing
Wood
Common Interest
None
Parcel Number
002314036
Additional Parcels Y/N
No

The data relating to real estate for sale on this web site comes in part from the Internet Data eXchange (IDX) of the Multiple Listing Service. Real estate listings are marked with the IDX logo and detailed information about them includes the name of the listing broker and the name of the listing agent. 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 consumer may be interested in purchasing. Information herein deemed reliable but not guaranteed, representations are approximate, individual verification recommended.

Copyright © 2026  London Properties, Ltd. All rights reserved.