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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
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1022 Mill Street, San Luis Obispo – $1,395,000

  • $1.4M Price
  • .21 Acres
  • 53 DOM
  • $1.4M Price
  • .21 Acres
  • 53 DOM

1022 Mill Street

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.

Essential Information

  • MLS® #NS26014748
  • Price$1,395,000
  • Bathrooms0.00
  • Acres0.21
  • Year Built1925
  • TypeCommercial Sale
  • Sub-TypeMixed Use
  • StatusActive

Community Information

  • Address1022 Mill Street
  • AreaSLO - San Luis Obispo
  • CitySan Luis Obispo
  • CountySan Luis Obispo
  • Zip Code93401

Amenities

Utilities

Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Interior

  • # of Stories1

Exterior

  • ExteriorStucco
  • RoofComposition
  • ConstructionStucco

Lot Description

Drip Irrigation/Bubblers, Landscaped, Near Public Transit

Additional Information

  • Date ListedJanuary 20th, 2026
  • Days on Market53

Listing Details

  • AgentLaura Gleason
  • OfficeCentral Coast Home & Land
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Laura Gleason, Central Coast Home & Land.

Based on information from California Regional Multiple Listing Service, Inc. as of March 20th, 2026 at 9:25pm PDT. 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, 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.