93401 Homes with Mixed Use Subtype

Welcome to the vibrant community of San Luis Obispo, California, nestled in the heart of San Luis Obispo County and proudly bearing the zip code 93401. This charming city is renowned for its picturesque landscapes, rich cultural heritage, and a lifestyle that perfectly balances work and play. With its stunning views of rolling hills and proximity to the Pacific Ocean, San Luis Obispo is not just a place to live; it's a destination to thrive.

One of the standout features of the 93401 area is its diverse array of homes, particularly those with a mixed-use subtype. These unique properties offer a fantastic opportunity for residents who want to blend their work and home life seamlessly. Imagine living just steps away from your office or a cozy café, all while enjoying the comforts of your own residence. Mixed-use homes in this area cater to entrepreneurs, artists, and anyone seeking a dynamic lifestyle where convenience meets creativity.

The charm of San Luis Obispo extends beyond its homes. The area boasts a vibrant downtown filled with trendy shops, gourmet restaurants, and a lively arts scene, making it an ideal backdrop for both work and leisure. With the famed Farmer's Market and numerous community events, residents can immerse themselves in the local culture while enjoying the beautiful California weather.

Whether you're looking to invest in a mixed-use property or simply want to explore the enchanting lifestyle that 93401 offers, San Luis Obispo is a place where dreams can flourish. Come and discover the perfect blend of community, convenience, and comfort in this delightful city!

Newest 93401 Homes with Mixed Use Subtype

$2,750,000

10 Beds ⋅ 4 Baths ⋅ SC26131654 MLS ⋅ Active Status

An extraordinary development opportunity awaits in the heart of Downtown San Luis Obispo at 452 Higuera Street. This rare, creekside property spans two adjacent APNs and represents a premier acquisition for developers, contractors, and investors looking to capitalize on a highly prized location. While the site currently features four income-generating residential units (three 3-bedroom/1-bathroom homes and one 1-bedroom/1-bathroom home), the true value of this offering is in the land and its highest and best use as a high-density, mixed-use project. Zoned CR Retail Commercial and allowing for up to 36 density units per acre, the lot is perfectly positioned to support the City of SLO’s long-term initiative for urban infill housing. Future residents will enjoy a vibrant lifestyle in the absolute center of downtown, surrounded by thriving shops, offices, and restaurants. To fast-track your development plans, a professional feasibility study by RRM Design Group has already been completed, highlighting two lucrative pathways: a boutique 11-unit luxury for-sale townhome development, or a higher-density 20-unit condo or apartment complex. Opportunities in this tightly held downtown corridor are exceptionally rare—bring your vision to this premier location and shape the future of San Luis Obispo.

452 Higuera Street, San Luis Obispo

$3,465,000

PI26092891 MLS ⋅ Active Status

Located at Higuera and Chorro Streets—the true epicenter of Downtown San Luis Obispo’s primary commercial corridor—this ±7,492 SF two-story mixed-use asset blends office and retail uses to create strong in-place income and tenant synergy. Surrounded by premier shopping, dining, and the Thursday night Farmers’ Market, and just steps from Mission San Luis Obispo and Cal Poly’s HotHouse innovation hub, the property benefits from consistent tourism, student activity, and daily foot traffic. Offered at $3,465,000 (4.88% cap rate), the asset provides stable cash flow with long-term upside in a tightly held market with limited inventory—an exceptional opportunity to secure a high-profile downtown SLO investment.

793 Higuera, San Luis Obispo

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.