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    San Luis Obispo, CA
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    Downtown Restaurant Building
    Updated: Apr 17
    Downtown Restaurant Building

    686 Higuera St, San Luis Obispo, CA 93401

    $1,695,000
    2,000 sqft
    2,000 SF commercial building with former restaurant use
    Located in downtown San Luis Obispo
    Former restaurant space in an area with heavy foot and vehicle traffic
    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 1 Active listings in San Luis Obispo, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 7 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Turnkey Paso Robles Restaurant Opportunity
    Turnkey Paso Robles Restaurant Opportunity

    2927 Spring St, El Paso de Robles (, Paso Robles, CA 93446

    $1,979,000
    4,123 sqft 0.80 AC lot

    High-performing restaurant and bar with real estate and liquor license.

    View details
    Bakersfield Commercial Building For Sale
    Bakersfield Commercial Building For Sale

    907 N Chester Avenue, Bakersfield, CA 93308

    $400,000
    2,231 sqft 0.06 AC lot

    Commercial building housing iconic bar and lounge, real property only.

    View details
    Turnkey Restaurant & Bar Property
    Turnkey Restaurant & Bar Property

    2927 Spring Street, Paso Robles, CA 93446

    $1,979,000

    Turnkey restaurant and bar with a commercial kitchen, full liquor license, and parking for 34 plus ADA spaces.

    View details
    Established Bar in NW Bakersfield
    Established Bar in NW Bakersfield

    4715 Coffee Rd, Bakersfield, CA 93308

    $165,000

    Turnkey bar business opportunity in a prime location.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Entitled Vacant Lot with Licenses
    Entitled Vacant Lot with Licenses

    115 N Valencia Boulevard, Woodlake, CA 93286

    $249,900
    0.16 AC lot

    Entitled vacant commercial lot with city-approved plans for a bar/restaurant concept and included alcohol and catering licenses.

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    Bluff-Front Hotel Development Land
    Bluff-Front Hotel Development Land

    34412 St Of The Green Lant, Dana Point, CA 92629

    $4,995,000

    Hotel development land with harbor and ocean views, supported by an approved nearby bluff-area hotel project plan.

    View details
    Bluff-Front Commercial Development Land
    Bluff-Front Commercial Development Land

    34412 St Of The Green Lant, Dana Point, CA 92629

    $4,995,000
    0.30 AC lot

    Commercially zoned bluff-front parcel with seller plans for restaurant or hotel development featuring ocean and harbor views.

    View details
    Flat Commercial Zoning Land Parcel
    Flat Commercial Zoning Land Parcel

    28865 Old Town Front St, Temecula, CA 92590

    $400,000
    0.49 AC lot

    Commercially zoned lot with flat, clean acreage in Temecula’s Old Town area.

    View details

    Off-Market Properties in San Luis Obispo, CA

    Consider similar Off-Market properties in San Luis Obispo, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    10 Higuera St
    BAR, TAVERN

    10 Higuera St, San Luis Obispo, CA 93401-5415

    $630,000
    Estimated value
    5,000 sqft 1.51 AC lot
    View details
    2143 Broad St
    BAR, TAVERN

    2143 Broad St, San Luis Obispo, CA 93401-5204

    Value Estimation by Request
    3,150 sqft 0.16 AC lot
    View details
    728 Higuera St
    BAR, TAVERN

    728 Higuera St, San Luis Obispo, CA 93401-3513

    $605,000
    Estimated value
    2,400 sqft 0.10 AC lot
    View details
    2475 Victoria Ave
    Restaurants

    2475 Victoria Ave, San Luis Obispo, CA 93401

    Value Estimation by Request
    3,369 sqft
    View details
    967 Osos St
    BAR, TAVERN

    967 Osos St, San Luis Obispo, CA 93401-3212

    Value Estimation by Request
    0.67 AC lot
    View details
    3650 Higuera St
    BAR, TAVERN

    3650 Higuera St, San Luis Obispo, CA 93401-7306

    Value Estimation by Request
    1,704 sqft 0.71 AC lot
    View details
    222 Elks Ln
    BAR, TAVERN

    222 Elks Ln, San Luis Obispo, CA 93401-5434

    $1,535,000
    Estimated value
    10,674 sqft 9.24 AC lot
    View details

    San Luis Obispo, CA Bars & Pubs Market Trends and Statistics

    Explore 8 bars & pubs for sale in San Luis Obispo, CA on our real estate platform. These investment opportunities span a total of 2,000 square feet of properties for sale, with an estimated market value of $1,695,000.

    Sale prices for pubs in San Luis Obispo, CA average $1,695,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Bars & Pubs 2
    Conventional restaurants 2

    Demographics Overview

    Population 79K
    Population Growth (5Y) -12.3%
    Median Household Income $82,388
    College Educated 27.6%

    Taxes & Financing

    Tax Rate (average for all types) 1.14%
    Property Tax per SF $13.51 per SF
    Tax Rate vs County Average 0.01 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in San Luis Obispo County

    New Delisted

    Total CRE Inventory on Market (SF)

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