Listing Agency: Santa Barbara i***@parkerappraisal.com Show Phone

Listed By: Chris Parker · License #02039290 Show Phone

Source: Colliers

Added: Apr 7 Changed: Aug 8 Last Checked: Jul 16 at 1:48AM

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Investment Insights

Based on property information with market context.

Located in downtown San Luis Obispo, this 5,000 square foot space offers exposure to local residents, tourists, and hotel patrons. The space features a modern buildout and is situated within a luxury hotel. It is suitable for a signature dining concept or an established restaurant operator seeking expansion.

Key Highlights

• Prime downtown San Luis Obispo location.
• High exposure to locals, visitors, and hotel guests.
• Modern buildout.

Property Analytics

Property Profile

Current Use

The Oak Grill Restaurant

Suggested Use

Top Pick HVAC Service Electrical Service Pet Grooming Service (Bike/Boat/Book/etc) Store Storage Facility Mobile Phone Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

$1.80 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

3,679

Businesses Nearby

Explore this area Business Placement

Demographics for 93401, CA

29,877

Population

14,363

Households

2.1

Avg Household Size

39

Median Age

57%

College-Educated

96%

High-School Grad

64.2 sq mi

ZIP Area

465

Density / Sq Mi

$95,386

Median Household Income

$47,898

Median Earnings

$1,859

Median Rent

$943,500

Median Home Value

Questions? Ask Rey

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What type of property is this? Where is this hotels located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Hotel - Restaurant space in luxury hotel, downtown San Luis Obispo.

Where is this hotel located?

The property is located at 1119 Garden St San Luis Obispo, CA.

What is the lease rate?

The lease rate is $5,000/Mo.

What are key features of this property?

This property features: Prime downtown San Luis Obispo location.; High exposure to locals, visitors, and hotel guests.; Modern buildout.