Milestone Tavern Restaurant
For Sale
$950,000
972 Foothill Boulevard, San Luis Obispo, CA 93401
Established dine-in operation with a full bar program, Class 47 liquor license, and an existing service team.
Property SizeContact for details
Days on Market197
Property Features for 972 Foothill Boulevard
General Information
Standard status
Active
Property subtype
Commercial/Industrial
Listing Agency:
Burnes Commercial Group
(805) 556-0900
Listed By:
Mark Burnes · License #01361305
(805) 556-0900
Source:
Exitrealty
Added: Feb 14
Changed: Aug 30
Last Checked: Aug 30 at 12:55PM
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 Burnes Commercial Group
Investment Insights
Based on property information with market context.
Milestone Tavern is an established conventional restaurant business with a full-service, dine-in format and pub component. The operation occupies 5,650 square feet and has been active since 2017, offering food service alongside a full bar program supported by a Class 47 Liquor License.
The business is located at 972 Foothill Boulevard in San Luis Obispo, California. An existing staff of 31 supports day-to-day operations, while the current owners bring three decades of restaurant-industry experience and are prepared to provide transition training and assistance to a successor.
The business is located at 972 Foothill Boulevard in San Luis Obispo, California. An existing staff of 31 supports day-to-day operations, while the current owners bring three decades of restaurant-industry experience and are prepared to provide transition training and assistance to a successor.
Key Highlights
- 5,650‑square‑foot restaurant facility at 972 Foothill Boulevard
- Operating since 2017 as a full‑service, dine‑in restaurant and pub
- Class 47 Liquor License supports a full bar menu
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,198
Businesses Nearby
Under-served
Demand for This Use
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
Market
Vacancy Rate% for Retail in West region
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Similar Off Market Nearby
- 805 Kitchen — 1 Grand Ave Building 19/104K, San Luis Obispo, CA 93407
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Established dine-in operation with a full bar program, Class 47 liquor license, and an existing service team.
Where is this conventional restaurant located?
The property is located at 972 Foothill Boulevard San Luis Obispo, CA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 5,650‑square‑foot restaurant facility at 972 Foothill Boulevard; Operating since 2017 as a full‑service, dine‑in restaurant and pub; Class 47 Liquor License supports a full bar menu
