1121 Broad Street,San Luis Obispo, CA 93401
San Luis Obispo, CA 93401
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.
Details
| MLS # | NS26123043 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Sub-Type | Resale |
| Status | Active |
| Year | 1929 |
| Days On Site | 80 |
| Listing Provided By | Central Coast Sotheby's International Realty | Julianne DesJardins |
Features
| SQ Feet | 3,800 |
|---|---|
| Story(s) | 1 |
| Zoning | C-D |
| Acreage | 0.09 |
Interior
| Heating | Central |
|---|---|
| Heating Yes / No | Yes |
Exterior
| Security Features | Prewired |
|---|---|
| Lot Features | Zero To One Unit Acre |
Utilities
| Utilities | Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected |
|---|
Area Information
| State | CA |
|---|---|
| County | San Luis Obispo |
| City | San Luis Obispo |
| Zip Code | 93401 |
| Area | SLO San Luis Obispo |
| Listing VS Median (in 93401) | |
Price: $1,750,000 low | high Med: $1,549,500 sqft: 3,800 low | high Med: 1,868 $ / sqft: $461 low | high Med: $891 On site: 80 low | high Med: 13 | |
Market Activity 93401
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Learn More About This Property
| State | CA |
|---|---|
| County | San Luis Obispo |
| City | San Luis Obispo |
| Zip Code | 93401 |
| Area | SLO San Luis Obispo |
| Listing VS Median (in 93401) | |
Price: $1,750,000 low | high Med: $1,549,500 sqft: 3,800 low | high Med: 1,868 $ / sqft: $461 low | high Med: $891 On site: 80 low | high Med: 13 | |
 | $2,000,0001127 BroadSan Luis Obispo, CA 93401 |