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    San Luis Obispo, CA Restaurants for Sale

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    San Luis Obispo Commercial Condo
    $390,000
    2,296 SF

    San Luis Obispo Commercial Condo

    2475 Victoria Avenue, San Luis Obispo, CA 93401

    Commercial condo with outdoor patio, ideal for restaurant/café.

    • Large outdoor patio space (1,000 SF) in addition to 1,275 SF interior space.
    • Suitable for restaurant/cafe use due to grease trap and venting systems.
    • Located in Victoria Crossing, a community with 33 existing residential flats.
    • Onsite parking with 11 spaces, in addition to street parking.
    • New construction (built in 2023).
    Updated: Aug 29, 2025
    View details
    Iconic Restaurant Building in SLO
    $895,000
    2,078 SF

    Iconic Restaurant Building in SLO

    815 Palm St, San Luis Obispo, CA

    Two-story restaurant property in the heart of downtown San Luis Obispo.

    • 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.
    Updated: Jun 26, 2025
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    San Luis Obispo Leased Investment
    $13,000,000
    34,427 SF

    San Luis Obispo Leased Investment

    34,427 SF commercial property in active commercial corridor.

    855 Aerovista Pl, San Luis Obispo, CA
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    Commercial Suite in Victoria Crossing
    $190,000
    3,369 SF

    Commercial Suite in Victoria Crossing

    Commercial suites with patio space in San Luis Obispo, CA.

    2475 Victoria Ave, San Luis Obispo, CA 93401
    View details
    Based on your search, we've compiled 79 Potential Opportunities for your consideration. Besides 4 Active listings in San Luis Obispo, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 67 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Explore Opportunities in Nearby Cities

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

    Cambria Commercial Property For Sale
    $1,600,000
    6,473 SF

    Cambria Commercial Property For Sale

    Fully occupied commercial property in a high-visibility Cambria location.

    2380 Main Street, Cambria, CA 93428
    View details
    Cambria Mixed-Use Investment Opportunity
    $1,450,000
    4,152 SF

    Cambria Mixed-Use Investment Opportunity

    Rare commercial property with restaurant, office/retail unit, and duplex.

    19401980 Main Street, Cambria, CA 93428
    View details
    Lompoc Land with Drive-Through Entitlements
    $1,500,000
    0.41 Acres

    Lompoc Land with Drive-Through Entitlements

    Land available for ground lease or build to suit.

    901 N H St, Lompoc, CA
    View details
    Former Bank/Restaurant with Drive-Thru
    Contact for pricing
    5,475 SF

    Former Bank/Restaurant with Drive-Thru

    Vacant 5,475 SF property with drive-thru, ideal for redevelopment.

    825 N H St, Lompoc, CA
    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.

    San Luis Obispo Commercial Land
    $3,900,000
    156,380.00 Acres

    San Luis Obispo Commercial Land

    3.59 acres in a planned community, retail potential.

    2040 Prado Road, San Luis Obispo, CA 93401
    View details
    6.55 Acres in San Luis Obispo
    $1,045,000
    285,318.00 Acres

    6.55 Acres in San Luis Obispo

    Premium land with water access near downtown San Luis Obispo.

    0 Calle Crotalo, San Luis Obispo, CA 93401
    View details
    San Luis Obispo Commercial Parcels
    Contact for pricing

    San Luis Obispo Commercial Parcels

    Improved commercial parcels in a high-growth San Luis Obispo location.

    250 Tank Farm Road, San Luis Obispo, CA 93401
    View details
    San Luis Obispo Manufacturing Lots
    $315,385
    0.21 Acres

    San Luis Obispo Manufacturing Lots

    Manufacturing lots for sale in San Luis Obispo, California.

    4145 Earthwood Ln, San Luis Obispo, CA
    View details

    Explore 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.

    1121 Broad St

    1121 Broad St

    RESTAURANT • 3,800 SF
    Value Estimation
    $890,000
    1121 Broad St, San Luis Obispo, CA 93401-3506
    View details
    1065 Olive St

    1065 Olive St

    DRIVE-THRU RESTAURANT, FAST FOOD • 1,387 SF
    Value Estimation
    $1,845,000
    1065 Olive St, San Luis Obispo, CA 93405-2361
    View details
    2138 Broad St

    2138 Broad St

    RESTAURANT • 2,604 SF
    Value Estimation
    $670,000
    2138 Broad St, San Luis Obispo, CA 93401-5205
    View details
    1585 Calle Joaquin

    1585 Calle Joaquin

    RESTAURANT • 5,945 SF
    Value Estimation
    $2,375,000
    1585 Calle Joaquin, San Luis Obispo, CA 93405-7205
    View details
    1491 Monterey St

    1491 Monterey St

    RESTAURANT • 3,739 SF
    Value Estimation
    $2,580,000
    1491 Monterey St, San Luis Obispo, CA 93401-2925
    View details
    208 Madonna Rd

    208 Madonna Rd

    RESTAURANT • 4,141 SF
    Value Estimation
    $1,295,000
    208 Madonna Rd, San Luis Obispo, CA 93405-5409
    View details
    1051 Nipomo St

    1051 Nipomo St

    RESTAURANT • 3,375 SF
    Value Estimation
    $2,180,000
    1051 Nipomo St, San Luis Obispo, CA 93401-3802
    View details
    1075 Ct St Ste, Unit 201

    1075 Ct St Ste, Unit 201

    RESTAURANT • 5,900 SF
    Value Estimation
    $880,000
    1075 Ct St Ste, San Luis Obispo, CA 93401-3261
    View details
    1023 Chorro St

    1023 Chorro St

    RESTAURANT • 6,347 SF
    Value Estimation
    $2,475,000
    1023 Chorro St, San Luis Obispo, CA 93401-3222
    View details
    1023 Chorro St

    1023 Chorro St

    RESTAURANT • 1,250 SF
    Value Estimation
    $2,305,000
    1023 Chorro St, San Luis Obispo, CA 93401-3222
    View details
    10 Higuera St

    10 Higuera St

    BAR, TAVERN • 5,000 SF
    Value Estimation
    $630,000
    10 Higuera St, San Luis Obispo, CA 93401-5415
    View details
    2143 Broad St

    2143 Broad St

    BAR, TAVERN • 3,150 SF
    Value Estimation by Request
    2143 Broad St, San Luis Obispo, CA 93401-5204
    View details
    195 Santa Rosa St

    195 Santa Rosa St

    DRIVE-THRU RESTAURANT, FAST FOOD • 3,268 SF
    Value Estimation
    $1,400,000
    195 Santa Rosa St, San Luis Obispo, CA 93405
    View details
    374 Santa Rosa St

    374 Santa Rosa St

    DRIVE-THRU RESTAURANT, FAST FOOD • 973 SF
    Value Estimation
    $4,005,000
    374 Santa Rosa St, San Luis Obispo, CA 93405-2405
    View details
    390 Santa Rosa St

    390 Santa Rosa St

    DRIVE-THRU RESTAURANT, FAST FOOD • 2,584 SF
    Value Estimation
    $4,035,000
    390 Santa Rosa St, San Luis Obispo, CA 93405-2405
    View details
    885 Foothill Blvd

    885 Foothill Blvd

    DRIVE-THRU RESTAURANT, FAST FOOD • 2,030 SF
    Value Estimation by Request
    885 Foothill Blvd, San Luis Obispo, CA 93405-1726
    View details
    1601 Monterey St

    1601 Monterey St

    RESTAURANT • 3,029 SF
    Value Estimation
    $1,020,000
    1601 Monterey St, San Luis Obispo, CA 93401-2929
    View details
    990 Industrial Way

    990 Industrial Way

    RESTAURANT • 12,000 SF
    Value Estimation
    $4,710,000
    990 Industrial Way, San Luis Obispo, CA 93401-7602
    View details
    397 Santa Rosa St

    397 Santa Rosa St

    DRIVE-THRU RESTAURANT, FAST FOOD • 2,223 SF
    Value Estimation
    $675,000
    397 Santa Rosa St, San Luis Obispo, CA 93405-2435
    View details
    672 Br St

    672 Br St

    RESTAURANT • 1,111 SF
    Value Estimation
    $640,000
    672 Br St, San Luis Obispo, CA 93401-5115
    View details

    San Luis Obispo, CA Restaurants Investment Opportunities Market Analysis

    Explore 71 restaurants for sale in San Luis Obispo, CA, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 440,738 square feet of properties for sale, with an estimated market value of $41,400,000.

    Sale prices for restaurant properties in San Luis Obispo, CA start at $305,000, averaging $1,150,000, and reaching up to $5,075,000 — 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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