547 Marsh St, San Luis Obispo, CA 93401

Property Description

The KAETZEL HOUSE.... This Victorian Mixed use building with a residence and the rear office is on one legal parcel of approximately 9,270square feet, zoned C-D (Downtown Commercial). The property is further improved with legal parking for most allowed uses. The use of the property over the past 40 years, has been professional offices, retail and residential. The property stands out as a beautifully renovated Victorian structure with remarkable visibility. It is configured with the main level as finished office space, the upstairs of the house as a very nice residence and a rear building finished as additional office space. All 3 spaces are currently leased to one tenant. The lease expires on October 31, 2019. Approximate leasable areas include: Main house office space = 1387sqft, Carriage House office = 685sqft, and the residence = 850sqft. 
 The property is directly across the street from the Jack House “Historic Home and Gardens” Property and is next door to professional offices and in the path of progress for the Downtown. The owners have qualified this property under the Mills Act and therefore pay substantially less in property taxes.