Save
Ask
Tour
Hide
Share
$1,750,000
New Listing

1121 Broad Street
San Luis Obispo, CA 93401

For Sale|Retail|Active
0
Beds
0
Total Baths
3,800
SqFt
$461
/SqFt
1929
Built
County:
San Luis Obispo
Listed by Julianne DesJardins of Central Coast Sotheby's International Realty [email protected]
Save
Ask
Tour
Hide
Share

Mortgage Calculator

Monthly Payment (Est.)

$7,984
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

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.

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$1,750,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
3,800 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.0872 Acres
Year Built 
1929
MLS® Number 
NS26123043
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
14 hours agoListing first seen on site
14 hours agoListing updated with changes from the MLS®
General Features
Acres 
0.0872
Additional Property Use 
Commercial
Land Lease 
No
Number Of Stories 
1
Property Sub Type 
Retail
Security 
Prewired
Special Circumstances 
Standard
SqFt Total 
3800
Utilities 
Cable AvailableElectricity ConnectedNatural Gas ConnectedPhone AvailableSewer ConnectedWater Connected
Water Source 
Public
Zoning 
C-D
Interior Features
Heating 
Central
Laundry Features 
None
Save
Ask
Tour
Hide
Share
Community Features
Financing Terms Available 
Cash1031 Exchange
MLS Area 
SLO - San Luis Obispo


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. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Save
Ask
Tour
Hide
Share