1121 Broad Street, San Luis Obispo, CA 93401 (MLS # NS26123043)

No property photo available
Price $1,750,000
Status Active
Size 3,800 sqft
Lot Size 3,799 sqft
Days on Market 1
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 Type(s): Commercial
Last Updated 6/5/2026 Year Built 1929
Community SLO - San Luis Obispo County San Luis Obispo

Additional Details

AREA SLO - San Luis Obispo
HEAT Central
LOT 3798 sq ft
LOT DIMENSIONS 3800
STORIES 1
UTILITIES Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
WATER Public

Location

 

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Listed with Central Coast Sotheby's International Realty

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Based on information from California Regional Multiple Listing Service, Inc. as of 6/5/26 10:29 PM PDT and /or other sources. All data, including 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

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