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.
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.
Property Details
Price:
$1,750,000
MLS #:
NS26123043
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Retail
Neighborhood:
slosanluisobispo
Listed Date:
Jun 5, 2026
Total Sq Ft:
3,800
Lot Size:
3,800 sqft / 0.09 acres (approx)
Year Built:
1929
See this Listing
Schools
Interior
Heating
CF
Laundry Features
NO
Exterior
Security Features
WSEC
Financial
Map
Community
- Address1121 Broad ST San Luis Obispo CA
- CitySan Luis Obispo
- CountySan Luis Obispo
- Zip Code93401
Market Summary
Current real estate data for Commercial in San Luis Obispo as of Jun 16, 2026
20
Commercial Listed
148
Avg DOM
$2,771,253
Avg List Price
Property Summary
- 1121 Broad ST San Luis Obispo CA is a Commercial for sale in San Luis Obispo, CA, 93401. It is listed for $1,750,000 To schedule a showing of MLS#ns26123043 at 1121 Broad ST in San Luis Obispo, CA, contact your Outland and Associates Real Estate agent at 8054813939.
Similar Listings Nearby
Courtesy of Central Coast Sotheby’s International Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Outland and Associates Real Estate include the name of the listing broker. Neither the listing company nor Outland and Associates Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.1121 Broad ST
San Luis Obispo, CA
