1131 Broad San Luis Obispo, CA $ 1,550,000
1131 Broad
$ 1,550,000
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1131 Broad

San Luis Obispo, CA, 93401
$ 1,550,000
Bedrooms-- Baths-- Sq 1,378

Monthly Estimate*

$ 9,787

Listed by Acquire Mortgage & Real Estate
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Commercial Property for sale in San Luis Obispo, CA

for $1,550,000. This 1,378 square foot building was built in 1929 on a lot size of 0.0803.

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.

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Commercial Active

Price

$ 1,550,000

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.0803

Year Built

1929

Town/City

San Luis Obispo

County/Region

San Luis Obispo

MLS | Web ID

SC26163893

Days on Market

3

Features
General
Year Built 1929
Property Subtype Business
Current Use Commercial
Business Type Restaurant
County San Luis Obispo
Property Type Commercial Sale
Special Listing Conditions Standard
Status Active
Directions From 101 exit Marsh St. Left on Broad building on left
City San Luis Obispo
MLS Area SLO - San Luis Obispo
Lot Size Units Square Feet
Lot Size Square Feet 3500
Additional Parcels Y/N false
Building Area Units Square Feet
Standard Status Active
Occupancy Type Vacant
Virtual Tour http://www.1131broad.com
Property Sub Type Additional Business
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Interior
Total Stories 1
Laundry Features None
Entry Level 1
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Exterior
Lot Features Level Rectangular Lot Walkstreet
Water Source Public
Lot Size Area 3500
Building Area Total 1378
Lot Size Acres 0.0803
Lot Size Source Assessor
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* Excluded Features
List By
Acquire Mortgage & Real Estate

Broker

levi@acquireslo.com

Email

Affordability Calculator

$9,787
Per Month
100%
0%
0%
Monthly Principal & Interest
$9,787
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
8/5/2026$1,550,000 Listed Price

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1131 Broad, San Luis Obispo, CA, 93401 is a Commercial Property for sale at $1,550,000 with 1,378 sqft and a lot size of 0.0803. 1131 Broad was built in 1929. The property's zip code is 93401 which is in San Luis Obispo, CA