1121 Broad Street, San Luis Obispo, California 93401
  • $1,750,000

Overview

Property ID: NS26123043
  • Retail, Commercial Sale
  • Property Type
  • 3800 Sqft
  • Area Size
  • 1929
  • Year Built

Description

Own the Heart of SLO Dining – Prime Downtown Restaurant Property Seize this rare opportunity to own a highly sought-after commercial property in the heart of downtown San Luis Obispo. Situated in one of the Central Coast’s most vibrant and walkable districts, this prime location offers exceptional visibility, strong foot traffic, and proximity to popular shops, restaurants, and entertainment venues. Currently configured as a restaurant, the property features a spacious dining room, large bar area, employee station, manager’s office, and two ADA-compliant restrooms. The commercial kitchen infrastructure includes a hood system, Ansul fire suppression system, newly rebuilt walk-in refrigerator, grease trap, floor drains, and dedicated prep and dishwashing areas, providing a strong foundation for hospitality operations. Zoned C-D (Commercial Downtown), the property offers a variety of potential uses, making it an attractive opportunity for investors, restaurateurs, and entrepreneurs seeking a premier downtown location. Adding to its value, the building underwent a significant retrofit in 2009, including a new roof, updated plumbing, electrical systems, ADA-compliant bathrooms, HVAC equipment and ducting, along with other major improvements that contribute to the property’s long-term functionality and appeal.Whether you’re looking to establish a signature restaurant, expand your portfolio, or explore alternative commercial uses, this is a unique opportunity to acquire a well-improved property in one of California’s most desirable downtown markets.

  • Address: 1121 Broad Street
  • City: San Luis Obispo
  • State/county: CA
  • Zip/Postal Code: 93401
  • Country: US

Details

Updated on June 23, 2026 at 10:30 pm
  • Property ID NS26123043
  • Price $1,750,000
  • Property Size 3800 Sqft
  • Land Area 0.0872 Acres
  • Year Built 1929
  • Property Type Retail, Commercial Sale
  • Property Status Active

Additional details

  • Listing Terms Cash, Cash to New Loan, 1031 Exchange
  • Utilities Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating Central
  • County San Luis Obispo
  • Property Type Commercial Sale

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