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Downtown Restaurant Building
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686 Higuera St, San Luis Obispo, CA 93401

Former restaurant space totaling 2,000 square feet in downtown San Luis Obispo with heavy foot and vehicle traffic.

Property Size2,000 SF
Price / SF$847.50
Days on Market145

Property Features for 686 Higuera St

General Information

Standard status Active
Size 2,000 SF
Property subtype Retail
Zoning GC- General Commercial

Building Details

Buildings 1
Stories 1
Units 1
Listing Agency: Santa Maria -Pacifica Commercial Realty
Listed By: Mike Kelly · License #CA 01800988
Source: Crexi
Added: Apr 17 Changed: Aug 16 Last Checked: Sep 7 at 7:52AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Santa Maria -Pacifica Commercial Realty

Investment Insights

Based on property information with market context.

This 2,000-square-foot commercial building was formerly operated as a restaurant. The property is offered for sale and features a restaurant-ready commercial layout within a dedicated building.

Located in downtown San Luis Obispo, the property benefits from heavy foot and vehicle traffic, supporting continued visibility for a variety of commercial uses.

The building’s prior restaurant operation provides a straightforward foundation for an owner-operator or investor seeking a street-facing commercial asset in a high-activity downtown setting.

Key Highlights

  • 2,000 SF commercial building with former restaurant use
  • Located in downtown San Luis Obispo
  • Former restaurant space in an area with heavy foot and vehicle traffic

Property Analytics

Current Use

F.McLintock | Saloon & Dining 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.

Location Intelligence

Trade Area within ½ mile

3,393
Businesses Nearby
Under-served
Demand for This Use

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

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Former restaurant space totaling 2,000 square feet in downtown San Luis Obispo with heavy foot and vehicle traffic.
Where is this conventional restaurant located?
The property is located at 686 Higuera St San Luis Obispo, CA.
What is the asking price?
The asking price for this property is $1,695,000.
What are key features of this property?
This property features: 2,000 SF commercial building with former restaurant use; Located in downtown San Luis Obispo; Former restaurant space in an area with heavy foot and vehicle traffic
More about this property
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