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26759219
26759220

1575 Calle Joaquin, San Luis Obispo, CA 93405

BC
CA CA 00881534
Archer Wilkinson, Inc
Listed by Archer Wilkinson, Inc
$2,295,000
276 days on market
Updated 9 days ago

Partially Equipped Restaurant - Freeway Exposure

Details
APN 053-171-029
Property Type Retail
Sub Type Restaurant
Square Footage 5,940
Tenancy Single
Lease Type NNN
Year Built 1967
Buildings 1
Acreage 1.000
Parking Spaces 65 spaces
Parking Per SqFt 10.94
Occupancy Date 09/02/2025
Ground Lease No
Sale Condition For sale by owner

Partially Equipped Restaurant - Freeway Exposure

Marketing description

A San Luis Obispo restaurant property with outstanding freeway visibility. The property is available for sale or lease. The free-standing building consists of approximately 6000 SF with a partially equipped kitchen. Seating capacity for over 100 inside with two outdoor patios for additional dining. Dining areas consist of a mix of counter seats, booth seating and open dining areas that can be arranged or segregated for private parties and banquets.

There is flexibility in the size and design concepts for the food service area. There are 65 parking spaces to accommodate customers. The property is located at the southern entrance to San Luis Obispo at the LOVR exit. Surrounded by 4 hotels, including the Hampton Inn and Suites and the Courtyard Marriot, and straddled on both sides of the freeway with residential housing.

The property offers immediate occupancy with all kitchen equipment and facilities ready to go. A tenant can customize their design concept and be ready for service with no downtime for construction or improvements. Located down the street from Costco and Home Depot, the Los Osos Valley Road corridor is the major destination for San Luis Obispo consumers. The right concept and great food can make this location a destination landmark for San Luis Obispo.

Owner also has plans in the works to develop the parking area for an EV charging station. If this were implemented it could bring in additional revenue from diners and/or EV car users.

Investment highlights

A San Luis Obispo restaurant property with outstanding freeway visibility. The property is available for sale or lease. The free-standing building consists of approximately 6000 SF with a partially equipped kitchen. Seating capacity for over 100 inside with two outdoor patios for additional dining. Dining areas consist of a mix of counter seats, booth seating and open dining areas that can be arranged or segregated for private parties and banquets.

There is flexibility in the size and design concepts for the food service area. There are 65 parking spaces to accommodate customers. The property is located at the southern entrance to San Luis Obispo at the LOVR exit. Surrounded by 4 hotels, including the Hampton Inn and Suites and the Courtyard Marriot, and straddled on both sides of the freeway with residential housing.

The property offers immediate occupancy with all kitchen equipment and facilities ready to go. A tenant can customize their design concept and be ready for service with no downtime for construction or improvements. Located down the street from Costco and Home Depot, the Los Osos Valley Road corridor is the major destination for San Luis Obispo consumers. The right concept and great food can make this location a destination landmark for San Luis Obispo.

Owner also has plans in the works to develop the parking area for an EV charging station. If this were implemented it could bring in additional revenue from diners and/or EV car users.

Listing Contacts

BC
CA CA 00881534
Archer Wilkinson, Inc
Listed by Archer Wilkinson, Inc

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Additional Information

Name
Bill Carpenter
License
CA 00881534
Brokerage
Archer Wilkinson
Brokerage Phone
805-781-3092
Title
Broker Associate
Brokerage Address
1100 Broad Street
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