972 Foothill Boulevard San Luis Obispo, CA $ 950,000
972 Foothill Boulevard
$ 950,000
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972 Foothill Boulevard

San Luis Obispo, CA, 93401
$ 950,000
Baths0.0 Sq 5,650

Monthly Estimate*

$ 5,849

Listed by Burnes Commercial Group
972 Foothill Boulevard, San Luis Obispo, CA 93401 - Image 1
972 Foothill Boulevard, San Luis Obispo, CA 93401 - Image 2
972 Foothill Boulevard, San Luis Obispo, CA 93401 - Image 3
972 Foothill Boulevard, San Luis Obispo, CA 93401 - Image 4
972 Foothill Boulevard, San Luis Obispo, CA 93401 - Image 5
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Studio

Single Family Home for sale in San Luis Obispo, CA

for $950,000. This home is 5,650 square feet.

Take the reins of Milestone Tavern, a well-appointed, full-service, dine-in restaurant and pub situated in the heart of San Luis Obispo, California. This established business, which has been successfully operating since 2017, presents an excellent opportunity for an owner-operator to capitalize on its strong reputation and take it to the next level. The restaurant is housed in a spacious 5,650 square feet facility, strategically located in a highly visible area, attracting both locals and tourists alike. The business comes with a Class 47 Liquor License, allowing the new owner to continue serving a full bar menu to complement the restaurant's popular food offerings. Milestone Tavern currently employs a team of 31 dedicated staff members, ensuring smooth operations and impeccable customer service. The existing owners, who have had a successful run in the restaurant industry for three decades, are now looking to semi-retire. They are committed to providing as much training and support as the new owner needs to ensure a seamless transition. This is an excellent opportunity to acquire a thriving business with significant growth potential. The owners have laid a strong foundation, and with the right vision, the new owner can build upon this success. The asking price for this profitable venture is $950,000. Detailed financials and lease terms will be released upon the execution of the attached non-disclosure agreement (NDA). This is a rare opportunity to own a profitable and established restaurant business in the vibrant city of San Luis Obispo To get more information about this Milestone Tavern business for sale in San Luis Obispo, California. Please complete, execute and return the attached NDA for P&Ls and lease information.

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Single Family Active

Price

$ 950,000

Bedrooms

Studio

Property Type

Single Family

Taxes

$ 0

Style

Town/City

San Luis Obispo

County/Region

San Luis Obispo

MLS | Web ID

PI26022139

Days on Market

25

Features
General
Business Type Restaurant
County San Luis Obispo
Property Type BusinessOpportunity
Status Active
Directions Corner of Santa Rosa & Foothill
City San Luis Obispo
MLS Area SLO - San Luis Obispo
Additional Parcels Y/N false
Leasable Area 5650
Building Area Units SquareFeet
Standard Status Active
Occupancy Type Owner
Ownership Type Partnership
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Exterior
Building Area Total 5650
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* Excluded Features
List By
Burnes Commercial Group

Broker

mb.ccim@gmail.com

Email

Affordability Calculator

$5,849
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Monthly Principal & Interest
$5,849
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/13/2026$950,000 Listed Price

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972 Foothill Boulevard, San Luis Obispo, CA, 93401 is a Single Family Home for sale at $950,000 with 5,650 sqft. 972 Foothill Boulevard is a studio with 0.0 baths. The property's zip code is 93401 which is in San Luis Obispo, CA