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Millman Team Real Estate

$1,550,000
0.08 Acre Lot

1131 Broad, San Luis Obispo, California 93401

  • Commercial Sale Property Type
  • 1929 Year Built
Property 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.

Basic Details
Commercial Sale
For Sale
SC26163893
$1,550,000
1929
0.08 Acre
Active
Business
Features
: None
$0
Address Map
CA
San Luis Obispo
San Luis Obispo
93401
Broad
1131
W121° 20' 9.1''
N35° 16' 42''
From 101 exit Marsh St. Left on Broad, building on left
SLO - San Luis Obispo
Additional Information
$0
$0
$0
$0
$0
1378
Restaurant
: Commercial
1
: Walkstreet, Rectangular Lot, Level
2026-08-05
1
http://www.1131broad.com
: Public
Broker/Agent Information
Acquire Mortgage & Real Estate
Levi Seligman
Listing Information
SL01936432
SL753
Active
2026-08-05T20:51:07Z
CRMLS
: Standard
2026-08-05T13:37:27Z
Agent info
Ray Millman
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