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    1585 Calle Joaquin San Luis Obispo, CA 93405

    Sponsored
    For Sale
    $2,295,000

    Commercial Sale - San Luis Obispo, CA

    Property size:
    5,940 SF
    Days on Market:
    126
    Last Refresh:
    Jan 5 at 4:06 pm

    Property Features for 1585 Calle Joaquin

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    053171029
    Size
    5,940 SF

    Building Details

    Architectural style
    Other

    Richardson Properties, Inc. (805) 781-6040 [email protected]

    Listing agent Bill Carpenter (805) 781-6040 License #00881534

    Listing date Sep 2, 2025

    MLS# PI25195227 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Restaurant Property with Freeway Visibility

    This San Luis Obispo restaurant property features prominent freeway visibility. The freestanding building provides approximately 5,940 square feet of space, including a high-volume kitchen, large prep areas, and walk-in refrigeration capacity. The interior provides seating for over 100 patrons, complemented by two outdoor patios for additional dining. The dining areas offer a mix of counter seats, booth seating, and open dining areas that can be arranged or segregated for private parties and banquets. The food service area offers flexibility in size and design concepts. The property includes 65 parking spaces to accommodate customers. Located at the southern entrance to San Luis Obispo at the Los Osos Valley Road exit, the property is surrounded by four hotels, including the Hampton Inn and Suites and the Courtyard Marriot, and is situated between residential housing on both sides of the freeway. The property offers immediate occupancy with all kitchen equipment and facilities ready for operation, allowing a tenant to customize their design concept and be ready for service without construction delays. Located near Costco and Home Depot, the Los Osos Valley Road corridor is a major destination for San Luis Obispo consumers, making this location a potential landmark.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hotel Calle Joaquin Hotel

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Whalebird Kombucha, Holly D Catering

    Location Insight

    • Map
    • Local Demand
    City
    San Luis Obispo
    County
    San Luis Obispo
    State
    California
    Longitude
    -120.6836782
    Latitude
    35.2436044

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    FAQs

    What type of property is this?
    Restaurant - Freestanding restaurant in San Luis Obispo with high-volume kitchen.
    Where is this restaurant located?
    The property is located at 1585 Calle Joaquin San Luis Obispo, CA.
    What is the asking price?
    The asking price for this property is $2,295,000.
    What are key features of this property?
    This property features: - High freeway visibility at the southern entrance to San Luis Obispo (LOVR exit).; - Fully equipped, **high-volume kitchen and facilities ready for immediate occupancy**, minimizing downtime.; - Ample parking with 65 spaces.
    (805) 234-3537
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    1585 Calle Joaquin San Luis Obispo, CA 93405
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1585 Calle Joaquin San Luis Obispo, CA 93405
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