1121 Broad Street San Luis Obispo, CA $ 1,750,000
1121 Broad Street
$ 1,750,000
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1121 Broad Street

San Luis Obispo, CA, 93401
$ 1,750,000
Baths0.0 Sq 3,800

Monthly Estimate*

$ 10,775

Listed by Central Coast Sotheby's International Realty
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Studio

Single Family Home for sale in San Luis Obispo, CA

for $1,750,000. This 3,800 square foot home was built in 1929 on a lot size of 0.0872.

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.

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Single Family Active

Price

$ 1,750,000

Bedrooms

Studio

Property Type

Single Family

Taxes

$ 0

Style

Lot Size

0.0872

Year Built

1929

Town/City

San Luis Obispo

County/Region

San Luis Obispo

MLS | Web ID

NS26123043

Days on Market

4

Features
General
Heating Central
Utilities CableAvailable ElectricityConnected NaturalGasConnected PhoneAvailable SewerConnected WaterConnected
Zoning C-D
Security Features Prewired
Year Built 1929
Property Subtype Retail
Current Use Commercial
Business Type BarTavernLounge Restaurant Variety
County San Luis Obispo
Property Type CommercialSale
Special Listing Conditions Standard
Status Active
Directions Between Marsh and Higuera Streets.
City San Luis Obispo
MLS Area SLO - San Luis Obispo
Lot Size Units SquareFeet
Lot Size Square Feet 3800
Listing Terms Cash CashToNewLoan Exchange1031
Land Lease Y/N false
Additional Parcels Y/N false
Lease Considered Y/N true
Building Area Units SquareFeet
Standard Status Active
Occupancy Type Vacant
Year Built Source PublicRecords
Property Sub Type Additional Retail
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Interior
Total Stories 1
Heating Y/N true
Laundry Features None
Entry Level 1
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Exterior
Lot Features ZeroToOneUnitAcre
Water Source Public
Lot Size Area 3800
Building Area Total 3800
Lot Size Acres 0.0872
Lot Size Source Assessor
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* Excluded Features
List By
Central Coast Sotheby's International Realty

Broker

julesdrealty@gmail.com

Email

Affordability Calculator

$10,775
Per Month
100%
0%
0%
Monthly Principal & Interest
$10,775
Monthly Property Taxes
--
Monthly Home Insurance
--
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
6/5/2026$1,750,000 Listed Price

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1121 Broad Street, San Luis Obispo, CA, 93401 is a Single Family Home for sale at $1,750,000 with 3,800 sqft and a lot size of 0.0872. 1121 Broad Street is a studio with 0.0 baths and was built in 1929. The property's zip code is 93401 which is in San Luis Obispo, CA