858-525-5007

664 Marsh, San Luis Obispo CA 93401 | $2,000,000

  • 0 bedrooms
  • 0 bathrooms
  • 0 Sq Ft
  • 0 Lot Sq Ft
  • Type: Retail
  • Stories: 1
  • Year Built: 1937
  • MLS#: SC26164619
  • Community: SLO - San Luis Obispo

Listing provided courtesy of Levi Seligman of Acquire Mortgage & Real Estate. Last updated 2026-09-24 08:29:07.000000. Listing information © 2025 SANDICOR.

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.

More Details

1 Story

David Piper​

Call or Text: 858-525-5007

DRE# 02021985