$1,395,000
1022 Mill ST
San Luis Obispo, CA, 93401
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.
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 Details
Price:
$1,395,000
MLS #:
NS26014748
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
slosanluisobispo
Listed Date:
Jan 27, 2026
Total Sq Ft:
2,471
Lot Size:
9,148 sqft / 0.21 acres (approx)
Year Built:
1925
Schools
Interior
Laundry Features
NO
Exterior
Construction Materials
STC
Roof
CMP
Financial
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Map
Current real estate data for Commercial in San Luis Obispo as of Feb 05, 2026
20
Commercial Listed
67
Avg DOM
$2,532,808
Avg List Price
Community
- Address1022 Mill ST San Luis Obispo CA
- CitySan Luis Obispo
- CountySan Luis Obispo
- Zip Code93401
Subdivisions in San Luis Obispo
Similar Listings Nearby
Property Summary
- 1022 Mill ST San Luis Obispo CA is a Commercial for sale in San Luis Obispo, CA, 93401. It is listed for $1,395,000 To schedule a showing of MLS#ns26014748 at 1022 Mill ST in San Luis Obispo, CA, contact your James Outland agent at 8057482262.
Courtesy of Central Coast Home & Land. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than James Outland include the name of the listing broker. Neither the listing company nor James Outland shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 1022 Mill ST
San Luis Obispo, CA




























