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San Luis Obispo, CA

$1,750,000

1121 Broad Street, San Luis Obispo, CA
1929
Built
18
Days listed

About this home

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.

Facts & features

Interior
Heating
Central
Laundry
None
Exterior & lot
Lot size
0.087 acres (3,800 sq ft)
Year built
1929
Community
Area
SLO - San Luis Obispo
County
San Luis Obispo
Listing details
Status
Active
Property type
Retail
Days on market
18
Listed
2026-06-05
Terms
Cash, Cash To New Loan, Exchange 1031
Parcel #
002422009
MLS #
NS26123043
Listed by
Julianne DesJardins · Central Coast Sotheby's International Realty

Location

Price history

Listed
$1,750,000 · 2026-06-05
Days on market
18
Current price
$1,750,000
Financing

Could this home be yours?

Estimated monthly payment
$10,978
$8,849 principal & interest · $2,129 taxes & insurance
$350,000
Estimate only
Loan $1,400,000

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Listing data provided by CRMLS

Listing courtesy of Central Coast Sotheby's International Realty. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.

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1121 Broad Street, San Luis Obispo, CA — $1,750,000 | Your Agent