1121 Broad St San Luis Obispo, CA 93401-3506
This exceptional 3,800-square-foot retail space, located at 1121 Broad Street in San Luis Obispo, California, presents a unique opportunity for a restaurant operator. Situated in San Luis Obispo County, this single-tenant property offers complete flexibility for a new establishment or relocation. The entire building is currently vacant, providing immediate occupancy for a prospective tenant. The address, 1121 Broad St, 93401, places the property in a high-visibility location within the city of San Luis Obispo, offering excellent access and exposure to potential customers. The property's size allows for a substantial restaurant layout, accommodating ample seating, a fully equipped kitchen, and additional support spaces. This is a turnkey opportunity for a business seeking a prominent location in a thriving California market. The property is classified as a retail space specifically suited for restaurant use. Interested parties are encouraged to explore the potential of this exceptional location to establish or expand their culinary venture. The property is ready for immediate occupancy, eliminating any delays in launching a new business. This is a rare opportunity to secure a significant retail space in a desirable area of San Luis Obispo.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CD · San Luis Obispo, CASan Luis Obispo. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.