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$1,750,000

FOR SALEActive

1121 Broad Street

San Luis Obispo CA 93401

3,800

SF

Retail

Type

1929

Built

$461/SF

Cost/SF

154 days on marketNalren refreshed

Listing Agent

Julianne DesJardins

Listing Agent

DRE #: 01982316

(805) 712-9375

Brokerage: Central Coast Sotheby's International Realty

Alessandra McGuckin

DRE #: 01993980

Brokerage: Central Coast Sotheby's International Realty

Location Analysis

MapProperty Location

About This Property

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 Information

Property Overview

Commercial - Retail

Property Type

Active

Status

C-D

Zoning

0.0872 acres

Lot Size

3,800 SF

Square Footage

$460.53/SF

Price per SF

1,929

Year Built

1

Stories

Property Highlights

N/A Property

Prime Location with High Visibility

Location Analysis

Map

Sale history for 1121 Broad Street → (2 recorded sales)

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Closed commercial sales reported, newest first.