About 664 Marsh
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.
Features of 664 Marsh
| MLS® # | SC26164619 |
|---|---|
| Price | $2,000,000 |
| Bathrooms | 0.00 |
| Acres | 0.16 |
| Year Built | 1937 |
| Type | Commercial Sale |
| Sub-Type | Retail |
| Status | Active |
Community Information
| Address | 664 Marsh |
|---|---|
| Area | SLO - San Luis Obispo |
| City | San Luis Obispo |
| County | San Luis Obispo |
| Zip Code | 93401 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Has Basement | No |
|---|---|
| Fireplace | No |
| # of Stories | 1 |
Exterior
| Lot Description | Level, Rectangular Lot |
|---|
Additional Information
| Date Listed | August 6th, 2026 |
|---|---|
| Days on Market | 39 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Levi Seligman |
|---|---|
| Office | Acquire Mortgage & Real Estate |