1131 Broad St - Restaurant FOR SALE


San Luis Obispo, CA 93401
$1,550,000 USD
805-748-5817
1131 Broad St, San Luis Obispo, CA for Sale
$1,550,000 USD
Restaurant - FOR SALE
1/32
null | Request Cap Rate

1131 Broad St
San Luis Obispo, CA 93401


HIGHLIGHTS

  • Turnkey restaurant and bar operation in Downtown San Luis Obispo.
  • Located along Broad Street near dining, retail, and entertainment venues.
  • Outdoor patio area provides additional customer seating and gathering space.
  • Established restaurant infrastructure supports a variety of hospitality concepts.
  • Benefits from downtown pedestrian activity and community events.
  • Convenient access to Highway 101, Cal Poly, and Central Coast destinations.

OVERVIEW

Located in the heart of Downtown San Luis Obispo, 1131 Broad Street presents an opportunity to acquire a turnkey restaurant and bar business in one of California's most active and walkable downtown districts. Positioned along Broad Street near the city's retail, dining, entertainment, and civic destinations, the business benefits from consistent pedestrian activity generated by local residents, visitors, Cal Poly students, and Downtown SLO events, including the popular weekly Farmers' Market. The restaurant offers a fully equipped operational environment with dining, bar, and patio components that support a variety of food-and-beverage concepts. Distinctive interior character, including exposed brick elements and sports-themed décor, creates an established atmosphere that can be continued or adapted to a new operator's vision. Existing restaurant infrastructure, furnishings, kitchen equipment, and operational improvements may provide a streamlined path to ownership and business continuity.

FOR SALE DETAILS

PRICE

$1,550,000 USD

PRICE/SF

$1,125 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

3

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

C-D

APN/PARCEL ID

002-422-016

ASK ABOUT THIS PROPERTY

Levi SeligmanAcquire Mortgage & Real EstateMore Info
805-748-5817

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Levi SeligmanAcquire Mortgage & Real EstateMore Info
805-748-5817

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