1121 Broad St - Restaurant FOR SALE


San Luis Obispo, CA 93401
$1,750,000 USD
805-712-9375
1121 Broad St, San Luis Obispo, CA for Sale
$1,750,000 USD
Restaurant - FOR SALE
1/36
null | Request Cap Rate

NEW


1121 Broad St
San Luis Obispo, CA 93401


HIGHLIGHTS

  • Heart of downtown, heavy foot traffice
  • Skylights with lots of natural lighting
  • Open floor plan with a bar out door patio

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$464 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1929

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,798 SF

ZONING

C-D

APN/PARCEL ID

002-422-009

ASK ABOUT THIS PROPERTY

Julianne DesJardinsCentral Coast Sotheby's International RealtyMore Info
805-712-9375

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Julianne DesJardinsCentral Coast Sotheby's International RealtyMore Info
805-712-9375

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.