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San Luis Obispo, CA Restaurants for Sale

6 results
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San Luis Obispo Commercial Condo
$390,000
2,296 SF

San Luis Obispo Commercial Condo

2475 Victoria Ave, San Luis Obispo, CA 93401

Commercial condo with outdoor patio, ideal for restaurant/café.

  • Large outdoor patio space (1,000 SF) in addition to 1,275 SF interior space.
  • Suitable for restaurant/cafe use due to grease trap and venting systems.
  • Located in Victoria Crossing, a community with 33 existing residential flats.
  • Onsite parking with 11 spaces, in addition to street parking.
  • New construction (built in 2023).
Updated: Nov 24, 2025
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Turnkey Restaurant & Bar Opportunity
$150,000
1,378 SF

Turnkey Restaurant & Bar Opportunity

1131 Broad St, San Luis Obispo, CA 93401

Fully equipped restaurant and bar for sale in downtown SLO.

  • Turnkey restaurant and bar business in prime downtown San Luis Obispo location.
  • Established business with 5‑star Yelp reviews and loyal clientele.
  • Fully equipped with commercial pizza oven, walk‑in cooler, bar setup, furnishings, and décor.
  • Features a sports ambiance with memorabilia, exposed brick dining room, bar seating, and lounge‑style patio with TVs and fire features.
  • Opportunity to continue the success of Bob Cantu’s Pizza & Sports Bar or implement a new restaurant concept.
Updated: Sep 5, 2025
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Iconic Restaurant Building in SLO
$895,000
2,078 SF

Iconic Restaurant Building in SLO

Two-story restaurant property in the heart of downtown San Luis Obispo.

815 Palm St, San Luis Obispo, CA 93401
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San Luis Obispo Leased Investment
$13,000,000
34,427 SF

San Luis Obispo Leased Investment

34,427 SF commercial property in active commercial corridor.

855 Aerovista Pl, San Luis Obispo, CA 93401
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San Luis Obispo Historic Corner
$1,300,000

San Luis Obispo Historic Corner

Rare opportunity to own a piece of local history.

2143 Broad St, San Luis Obispo, CA 93401
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San Luis Obispo Retail Trio
$399,000
3,369 SF

San Luis Obispo Retail Trio

Three modern suites, prime location

2475 Victoria Ave, San Luis Obispo, CA 93401
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Based on your search, we've compiled 77 Potential Opportunities for your consideration. Besides 6 Active listings in San Luis Obispo, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 67 Off-Market properties to explore as potential leads

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Retail/Restaurant/Office Space Near Beach
$735,000

Retail/Restaurant/Office Space Near Beach

Retail, restaurant, or office space one block from the beach.

445 1 St, Avila Beach, CA 93424
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Retail/Restaurant Space Near Beach
Contact for pricing
1,584 SF

Retail/Restaurant Space Near Beach

Retail/Restaurant space one block from Avila Beach.

75 San Miguel St, Avila Beach, CA
View details
Turn-Key Restaurant Opportunity in Atascadero
$674,000
1,700 SF

Turn-Key Restaurant Opportunity in Atascadero

Fully renovated restaurant with oversized patio in prime location.

8501 El Camino Real, Atascadero, CA 93422
View details
Restaurant Building on El Camino Real
Contact for pricing
3,928 SF

Restaurant Building on El Camino Real

Restaurant property on a high-traffic thoroughfare with ample parking.

6910 El Camino Real, Atascadero, CA 93422
View details

Explore Off-Market Properties in San Luis Obispo, CA

Consider similar Off-Market properties in San Luis Obispo, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

309 Madonna Rd

309 Madonna Rd

RESTAURANT • 5,809 SF
Value Estimation
$2,125,000
309 Madonna Rd, San Luis Obispo, CA 93405-6500
View details
1234 Broad St

1234 Broad St

RESTAURANT • 9,000 SF
Value Estimation
$1,285,000
1234 Broad St, San Luis Obispo, CA 93401-3908
View details
3650 Higuera St

3650 Higuera St

BAR, TAVERN • 1,704 SF
Value Estimation by Request
3650 Higuera St, San Luis Obispo, CA 93401-7306
View details
685 Higuera St

685 Higuera St

RESTAURANT • 5,280 SF
Value Estimation
$1,165,000
685 Higuera St, San Luis Obispo, CA 93401-3510
View details
925 Airport Dr

925 Airport Dr

RESTAURANT
Value Estimation by Request
925 Airport Dr, San Luis Obispo, CA 93401-8354
View details
222 Elks Ln

222 Elks Ln

BAR, TAVERN • 10,674 SF
Value Estimation
$1,535,000
222 Elks Ln, San Luis Obispo, CA 93401-5434
View details
208 Madonna Rd

208 Madonna Rd

RESTAURANT • 4,141 SF
Value Estimation
$1,295,000
208 Madonna Rd, San Luis Obispo, CA 93405-5409
View details
815 Palm St

815 Palm St

RESTAURANT • 2,170 SF
Value Estimation by Request
815 Palm St, San Luis Obispo, CA 93401-3238
View details
195 Santa Rosa St

195 Santa Rosa St

DRIVE-THRU RESTAURANT, FAST FOOD • 3,268 SF
Value Estimation
$1,400,000
195 Santa Rosa St, San Luis Obispo, CA 93405
View details
208 Higuera St

208 Higuera St

RESTAURANT • 1,500 SF
Value Estimation by Request
208 Higuera St, San Luis Obispo, CA 93401-5015
View details
990 Industrial Way

990 Industrial Way

RESTAURANT • 12,000 SF
Value Estimation
$4,710,000
990 Industrial Way, San Luis Obispo, CA 93401-7602
View details
450 Marsh St

450 Marsh St

RESTAURANT • 2,154 SF
Value Estimation
$555,000
450 Marsh St, San Luis Obispo, CA 93401-3823
View details
305 Madonna Rd

305 Madonna Rd

RESTAURANT • 0.13 Acres
Value Estimation by Request
305 Madonna Rd, San Luis Obispo, CA 93405-6500
View details
Madonna Rd

Madonna Rd

RESTAURANT • 0.21 Acres
Value Estimation
$655,000
Madonna Rd, San Luis Obispo, CA 93405
View details
Johnson Ave

Johnson Ave

DRIVE-THRU RESTAURANT, FAST FOOD
Value Estimation by Request
Johnson Ave, San Luis Obispo, CA
View details
1020 Railroad Ave

1020 Railroad Ave

RESTAURANT • 1,014 SF
Value Estimation by Request
1020 Railroad Ave, San Luis Obispo, CA 93401-4450
View details
305 Madonna Rd

305 Madonna Rd

RESTAURANT • 5,520 SF
Value Estimation
$740,000
305 Madonna Rd, San Luis Obispo, CA 93405-6500
View details
2115 Broad St

2115 Broad St

RESTAURANT • 4,724 SF
Value Estimation
$515,000
2115 Broad St, San Luis Obispo, CA 93401-5204
View details

San Luis Obispo, CA Restaurants Investment Opportunities Market Analysis

Explore 73 restaurants for sale in San Luis Obispo, CA, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 440,738 square feet of properties for sale, with an estimated market value of $41,400,000.

Sale prices for restaurant properties in San Luis Obispo, CA start at $305,000, averaging $1,150,000, and reaching up to $5,075,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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