2927 Spring St - Restaurant FOR SALE


Paso Robles, CA 93446
$1,979,000 USD
925-314-5771
2927 Spring St, Paso Robles, CA for Sale
$1,979,000 USD
Restaurant - FOR SALE
1/40
null | 9.77% Cap Rate

2927 Spring St
Paso Robles, CA 93446


HIGHLIGHTS

  • Liquor License Included
  • Business Included
  • High Income
  • All Equipment Included

OVERVIEW

This is a rare opportunity to acquire a high-performing, income-producing restaurant & bar property with EVERYTHING INCLUDED, offered fully turnkey. The sale includes the real estate, the operating restaurant with over 500 5-star reviews, the #47 LIQUOR LICENSE, and all FF&E, everything needed to continue operations immediately, including all kitchen equipment, bar fixtures, walk-in cooler, hood systems, furnishings, and operating infrastructure. Located in the heart of Paso Robles within the Redevelopment Plan area, this property benefits from excellent visibility, strong traffic counts, and proximity to Highway 101. Positioned directly along the Paso Robles Wine Trail, the restaurant enjoys a loyal local following while also capturing consistent tourist traffic year-round. Current income is very strong, making this an ideal opportunity for investors, owner-operators, or groups seeking a stabilized asset with proven performance. The 4,123sf restaurant sits on a generous 34,900sf lot, offering substantial indoor and outdoor seating capacity. The space features a newer commercial kitchen, full bar, dedicated banquet room, extensive outdoor dining area, a 9’ x 12’ walk-in cooler, commercial hood system, floor drains in food prep areas, and durable tile flooring throughout. Seating capacity includes approximately 145 indoors plus an additional 160 outdoors, allowing for high-volume service and private events. Zoned T-4F, the property may support a variety of alternative or future uses, including office, food production, market, gallery, or professional uses, providing long-term flexibility and upside. The parking lot offers 34 private spaces, plus ample street parking and two ADA spaces. With its combination of high existing income, prime location, full liquor license, and true turnkey operation, this property stands out as one of Paso Robles’ most compelling restaurant investment opportunities.

FOR SALE DETAILS

PRICE

$1,979,000 USD

PRICE/SF

$480 USD /SF

CAP RATE

9.77%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1947

SPRINKLERS

-

PARKING SPACES

33

LAND DETAILS

LAND ACRES

0.8 AC

LAND SF

34,900 SF

ZONING

T4F

APN/PARCEL ID

008-065-021

ASK ABOUT THIS PROPERTY

CJ HegneyKeller Williams Realty Santa BarbaraMore Info
925-314-5771

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CJ HegneyKeller Williams Realty Santa BarbaraMore Info
925-314-5771

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