Listing Agent

Julianne DesJardins

DRE #: 01982316

Brokerage: Central Coast Sotheby's International Realty

Alessandra McGuckin

Co-Listing Agent

DRE #: 01993980

Brokerage: Central Coast Sotheby's International Realty

Description

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.

Property details

Square feet

3,800

Year built

1929

Property type

Commercial Sale

Lot size

3,800 sqft

Location

1121 Broad Street • San Luis Obispo, CA 93401

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Closed commercial sales reported, newest first.

Sale history for 1121 Broad Street

Sold $1,550,000 in November 2025 · MLS #NS25022981 · Source: CRMLS
Sold $1,500,000 in October 2023 · MLS #SC23050627 · Source: CRMLS

CRMLS

MLS# NS26123043

Listed: 6/5/2026 8:52 AM

Based on information from the California Regional Multiple Listing Service, Inc. as of 8/19/2026 8:17 AM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS.

IDX information is provided exclusively for consumers' personal, non-commercial use. Information is deemed reliable but not guaranteed. Buyer should independently verify all information.

Listed by: Central Coast Sotheby's International Realty

Equal Housing Opportunity

Advertising Broker: Nalren Corp (CA DRE #02423715)

Licensed in the state of California

Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.

Commercial Property - 1121 Broad Street, San Luis Obispo, CA