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.

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Property Details of 664 Marsh

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Listed by Levi Seligman of Acquire Mortgage & Real Estate (760-402-0555)

Based on information submitted to CRMLS as of August 6, 2026 10:51 PM UTC . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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