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    San Luis Obispo, CA
    Conventional Restaurant

    San Luis Obispo, CA Conventional Restaurants for Sale

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    Freestanding Restaurant with Two Patios
    Updated: Jul 23
    Freestanding Restaurant with Two Patios

    1575 Calle Joaquin, San Luis Obispo, CA 93405

    Contact for pricing
    5,940 sqft 1.05 AC lot
    5,940 SF freestanding restaurant building on 1.05 acres
    Freeway visibility
    High‑volume kitchen with walk‑in refrigeration
    100+ seats for dining
    Two patios for outdoor dining
    View details
    Milestone Tavern Restaurant Business
    Updated: Mar 7
    Milestone Tavern Restaurant Business

    972 Foothill Boulevard, San Luis Obispo, CA 93401

    $950,000
    5,650‑square‑foot restaurant facility at 972 Foothill Boulevard
    Operating since 2017 as a full‑service, dine‑in restaurant and pub
    Class 47 Liquor License supports a full bar menu
    Existing team of 31 staff members
    Current owners have three decades of restaurant‑industry experience
    View details
    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 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.

    Corner Restaurant with Patio
    Corner Restaurant with Patio

    1557 Mission Drive, Solvang, CA 93463

    $2,200,000
    3,754 sqft 0.17 AC lot

    The property combines restaurant operations with indoor dining and outdoor patio areas under Village Mixed Use zoning.

    View details
    Corner Restaurant With Outdoor Patios
    Corner Restaurant With Outdoor Patios

    1557 Mission Dr, Solvang, CA 93463

    $2,200,000
    3,754 sqft

    The property is zoned Village Mixed Use and currently leased to a restaurant.

    View details
    Conventional Restaurant with Commercial Kitchen
    Conventional Restaurant with Commercial Kitchen

    800 S Broadway Unit 105, Santa Maria, CA 93454

    $280,000

    Established food-service operation with dining areas, furnishings, equipment, and an ABC Type 41 beer and wine license.

    View details
    Full-Service Restaurant Business
    Full-Service Restaurant Business

    105-800 S Broadway, Santa Maria, CA 93454

    $280,000

    Established restaurant for sale with full kitchen, multiple dining areas, and included furniture, fixtures, equipment, and goodwill.

    View details

    San Luis Obispo, CA Conventional Restaurants Market Trends and Statistics

    Explore 2 conventional restaurants for sale in San Luis Obispo, CA on our real estate platform. These investment opportunities span a total of 5,940 square feet of properties for sale, with an estimated market value of $950,000.

    Sale prices for conventional restaurants in San Luis Obispo, CA average $950,000 — 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 5
    Bars & Pubs 2

    Demographics Overview

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

    High-Yield Neighborhoods for Investment

    Identify San Luis Obispo submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    93401 $950K

    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)

    How Realmo verifies these figures

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