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    San Luis Obispo, CA
    Conventional Restaurant

    San Luis Obispo, CA Conventional Restaurants for Sale

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    Santa Margarita, CA Avila Beach, CA Pismo Beach, CA
    Iconic Restaurant in Downtown SLO
    Updated: Mar 11
    Iconic Restaurant in Downtown SLO

    815 Palm St, San Luis Obispo, CA 93401

    $895,000
    0.02 AC lot
    Prime downtown San Luis Obispo location, steps from Mission Plaza and near Hotel SLO.
    Situated in SLO's Chinatown, adjacent to the Palm Theatre.
    Currently outfitted as a restaurant.
    Large parking garage directly across from the building.
    Iconic two‑story structure.
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    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 5 Potential Opportunities for your consideration. Besides 1 Active listings in San Luis Obispo, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Turn-Key Restaurant Opportunity in Atascadero
    Turn-Key Restaurant Opportunity in Atascadero

    8501 El Camino Real, Atascadero, CA 93422

    $750,000
    1,775 sqft

    Fully renovated restaurant with indoor and outdoor seating available for sale.

    View details
    Ground-Floor Retail Condo with Patio
    Ground-Floor Retail Condo with Patio

    401 W Grand Avenue, Grover Beach, CA 93433

    $425,000

    Ground-floor retail condo delivered as a cold shell with a 462 SF patio for customer-facing use.

    View details
    Cold Shell Retail Condo with Patio
    Cold Shell Retail Condo with Patio

    401 W Grand Avenue 1-2, Grover Beach, CA 93433

    $1,049,000

    Ground-floor retail condo delivered as a cold shell, with a private patio for restaurant or retail buildout.

    View details
    Turnkey Restaurant with Private Patio
    Turnkey Restaurant with Private Patio

    8501 El Camino Real, Atascadero, CA 93422

    $750,000
    1,700 sqft

    Fully renovated restaurant building with a commercial kitchen and private back patio seating with ADA access.

    View details

    San Luis Obispo, CA Conventional Restaurants Market Trends and Statistics

    Explore 1 conventional restaurants for sale in San Luis Obispo, CA on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $895,000.

    Sale prices for conventional restaurants in San Luis Obispo, CA start at $895,000, averaging $895,000, and reaching up to $895,000 — 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

    Conventional restaurants 3
    Bars & Pubs 2
    Turn key restaurants 1

    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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