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

Listed by Levi Seligman CA DRE# 01936432 with Acquire Mortgage & Real Estate 760-402-0555

Overview

Active

Listed Aug 6, 2026

Updated 7 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 CA DRE# 01936432 with Acquire Mortgage & Real Estate 760-402-0555

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 9/30/2026. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 9/30/2026 at 7:48 AM UTC Last Checked: 7:48 AM UTC