CnC Realty
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$1,750,000

1121 Broad Street

San Luis Obispo, CA 93401

Active

1929

Year Built

San Luis Obispo

County

Retail

Property Type

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.

Listed by Julianne DesJardins · DRE #01982316 · Central Coast Sotheby's International Realty
MLS #1173238349
ListedJun 5, 2026

Property Details

Architecture

Stories1
StyleN/A
Total UnitsN/A
RoofN/A
Garage SpacesN/A
PoolN/A
SpaN/A

Features & Amenities

Interior FeaturesN/A
Exterior FeaturesN/A
FlooringN/A
CoolingN/A
HeatingCentral
FireplaceN/A
LaundryNone
Parking FeaturesN/A
Parking TotalN/A
Patio & PorchN/A
Entry Level1
Entry LocationN/A
Common WallsN/A

Property Features

Lot Size0.09 ac
Lot FeaturesZero To One Unit Acre
ViewN/A
DirectionsBetween Marsh and Higuera Streets.

Community

AreaSLO - San Luis Obispo
School DistrictN/A

Tax & Financial

TermsCash, Cash To New Loan, Exchange1031
Land LeaseNo
HOA NameN/A
HOA FeeN/A

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Mortgage Estimate

$9,314/mo

20% down · 7% APR · 30-yr fixed

Estimate only. Does not include taxes, insurance, or HOA.

CRMLSLast updated: October 21, 2026 at 6:45 PM

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