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    2143 Broad St San Luis Obispo, CA 93401

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    For Sale
    $1,300,000

    Rare opportunity to own a piece of local history.

    Lot size:
    0.16 Acres

    Property Features for 2143 Broad St

    General Information

    Lot size
    0.16 Acres

    Building Details

    Year built
    1954

    Source: Compass Agent Torri Simons

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    San Luis Obispo Historic Corner

    This property presents a rare opportunity to own a piece of local history. Situated on a busy corner in the heart of San Luis Obispo, the location formerly housed Manuel's Liquor and The Gaslight Lounge, neighborhood and community staples for decades. The legacies of these establishments are ready to be revived, or the space can be used to create a new legacy. This property is suited for a history-loving entrepreneur or a preservation-minded investor looking to bring new life to a space with deep roots.
    Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

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

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

    Similar Places Nearby

    Elizabeth Floral Designs, clover & branch, Inspirations Floral Design, Coastal Pool Center, Central Coast Cactus and Succulent Society

    Location Insight

    • Map
    • Local Demand
    City
    San Luis Obispo
    County
    San Luis Obispo
    State
    California
    Longitude
    -120.6575961
    Latitude
    35.2703578

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    FAQs

    What type of property is this?
    Storefront property - Rare opportunity to own a piece of local history.
    Where is this storefront property located?
    The property is located at 2143 Broad St San Luis Obispo, CA.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: - Rare opportunity to own a piece of local history in San Luis Obispo.; - Located on a busy corner in the heart of San Luis Obispo.; - Former site of Manuel's Liquor and The Gaslight Lounge, neighborhood and community staples.
    (805) 704-0728
    Request Owner's contact information
    2143 Broad St San Luis Obispo, CA 93401
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    San Luis Obispo, CA 93401
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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
    2143 Broad St San Luis Obispo, CA 93401
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