About 1131 Broad
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.
Features of 1131 Broad
| MLS® # | SC26163893 |
|---|---|
| Price | $1,550,000 |
| Bathrooms | 0.00 |
| Acres | 0.08 |
| Year Built | 1929 |
| Type | Commercial Sale |
| Sub-Type | Business |
| Status | Active |
Community Information
| Address | 1131 Broad |
|---|---|
| Area | SLO - San Luis Obispo |
| City | San Luis Obispo |
| County | San Luis Obispo |
| Zip Code | 93401 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Has Basement | No |
|---|---|
| Fireplace | No |
| # of Stories | 1 |
Exterior
| Lot Description | Level, Rectangular Lot, Walkstreet |
|---|
Additional Information
| Date Listed | August 5th, 2026 |
|---|---|
| Days on Market | 43 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Levi Seligman |
|---|---|
| Office | Acquire Mortgage & Real Estate |