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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$1,750,000

Est. payment - /mo

3,798 Sqft Lot

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UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID NS26123043

HOA Y/N No

Year Built 1929

Lot Size 3,798 Sqft

Property Sub-Type Retail

Property Description

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.

Location

State CA

County San Luis Obispo

Area Slo - San Luis Obispo

Zoning C-D

Interior

Heating Central

Fireplace No

Laundry None

Exterior

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

Present Use Commercial

Building

Lot Description 0-1 Unit/Acre

Story 1

Water Public

Others

Tax ID 002422009

Security Features Prewired

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Special Listing Condition Standard

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Listed by Julianne DesJardins Central Coast Sotheby's International Realty 805-712-9375, DRE #01982316

NEARBY SCHOOL & BUSINESS

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1121 Broad ST San Luis Obispo, CA 93401