$1,550,000
( $1124.82Per Sq Foot )
 $8,321 est/mo Sourced by Back At You

1131 Broad,San Luis Obispo, CA 93401

San Luis Obispo, CA 93401

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Description

Opportunity to secure a move-in ready restaurant space in one of downtown SLO's most desirable corridors. Recently retrofitted and renovated, this space is ready for your concept from day one, minimal buildout required -- Massive patio with outdoor seating, perfect for capturing San Luis Obispo's year-round temperate climate -- Versatile large front doors fronting Broad Street, offering excellent visibility and an inviting indoor-outdoor flow -- Easement access from Marsh Street to dedicated parking a rare and valuable asset in downtown SLO -- Storage container on-site in the parking lot for additional equipment or supply storage. Recently renovated with updated infrastructure throughout. Positioned on Broad Street in the heart of downtown, this location benefits from strong pedestrian and vehicle traffic, proximity to Cal Poly, and San Luis Obispo's thriving food and hospitality scene. Ideal for a restaurant, gastropub, or café concept ready to open with minimal delay. 3 other adjacent properties also available for sale, all with leases in place. Combining them would provide huge development potential.

Details

MLS #SC26163893
Listing TypeFor Sale
StyleBusiness
Sub-TypeResale
StatusActive
Year1929
Days On Site36
Listing Provided ByAcquire Mortgage & Real Estate | Levi Seligman

Features

SQ Feet1,378
Story(s)1
Acreage0.08

Exterior

Lot FeaturesLevel, Rectangular Lot, Walkstreet

Area Information

StateCA
CountySan Luis Obispo
CitySan Luis Obispo
Zip Code93401
AreaSLO San Luis Obispo
Listing VS Median (in 93401)
Price:
$1,550,000
low | high
Med:
$895,000
92.258064516129% of Average
sqft:
1,378
low | high
Med:
821
90.420899854862% of Average
$ / sqft:
$1,125
low | high
Med:
$1,090
53.083572354721% of Average
On site:
36
low | high
Med:
224
16.071428571429% of Average
Sourced by Back At You

Market Activity 93401

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Learn More About This Property

StateCA
CountySan Luis Obispo
CitySan Luis Obispo
Zip Code93401
AreaSLO San Luis Obispo
Listing VS Median (in 93401)
Price:
$1,550,000
low | high
Med:
$895,000
92.258064516129% of Average
sqft:
1,378
low | high
Med:
821
90.420899854862% of Average
$ / sqft:
$1,125
low | high
Med:
$1,090
53.083572354721% of Average
On site:
36
low | high
Med:
224
16.071428571429% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $1.162M - $1.937M
sqft: 1,000 - 1,500
Nearby Listings Property ImageNearby Listings Details
581 Higuera Street 210 Property Photo 1
$1,195,000
581 Higuera Street 210
San Luis Obispo, CA 93401
1415 Morro Street 9 Property Photo 1
$849,000
1415 Morro Street 9
San Luis Obispo, CA 93401
Listing Updated: August 21, 2026 at 10:12:24 PM PDT