Share This Listing

Message

921 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

All Available Space(1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Build-Out
  • Available
  • 1st Floor
  • 5,000 SF
  • 5-10 Years
  • Upon Request Upon Request Upon Request Upon Request
  • Retail
  • Full Build-Out
  • Now

This fully built-out restaurant space is located in the vibrant core of downtown San Luis Obispo, offering exceptional visibility and access to a steady flow of locals, visitors, and hotel guests. Positioned within the luxury Hotel Cerro, the space provides a modern buildout and a complete commercial kitchen, making it ideal for immediate operation. Its direct connection to the hotel lobby ensures built-in traffic and strong exposure, creating a unique opportunity for a signature dining concept or an established operator seeking expansion. The property benefits from its prime downtown location, surrounded by popular dining, retail, and entertainment venues, and is easily accessible from U.S. Highway 101. With a lease term of 5+ years, this turn-key opportunity combines convenience, style, and a high-traffic environment in one of California’s most desirable coastal cities.

  • Fully Built-Out as a Restaurant or Café Space
  • Space is in Excellent Condition
  • Fully built-out turn-key restaurant space ready fo
  • Prime downtown location in the heart of San Luis O
  • Surrounded by popular restaurants, retail
  • Located in-line with other retail
  • Private Restrooms
  • Complete commercial kitchen with professional-grad
  • Directly connected to Hotel Cerro’s lobby
  • Long-term lease opportunity with 5+ year term.
Space Size Term Rental Rate Space Use Build-Out Available
1st Floor 5,000 SF 5-10 Years Upon Request Upon Request Upon Request Upon Request Retail Full Build-Out Now

1st Floor

Size
5,000 SF
Term
5-10 Years
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Retail
Build-Out
Full Build-Out
Available
Now

1st Floor

Size 5,000 SF
Term 5-10 Years
Rental Rate Upon Request
Space Use Retail
Build-Out Full Build-Out
Available Now

This fully built-out restaurant space is located in the vibrant core of downtown San Luis Obispo, offering exceptional visibility and access to a steady flow of locals, visitors, and hotel guests. Positioned within the luxury Hotel Cerro, the space provides a modern buildout and a complete commercial kitchen, making it ideal for immediate operation. Its direct connection to the hotel lobby ensures built-in traffic and strong exposure, creating a unique opportunity for a signature dining concept or an established operator seeking expansion. The property benefits from its prime downtown location, surrounded by popular dining, retail, and entertainment venues, and is easily accessible from U.S. Highway 101. With a lease term of 5+ years, this turn-key opportunity combines convenience, style, and a high-traffic environment in one of California’s most desirable coastal cities.

  • Fully Built-Out as a Restaurant or Café Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Private Restrooms
  • Fully built-out turn-key restaurant space ready fo
  • Complete commercial kitchen with professional-grad
  • Prime downtown location in the heart of San Luis O
  • Directly connected to Hotel Cerro’s lobby
  • Surrounded by popular restaurants, retail
  • Long-term lease opportunity with 5+ year term.

Property Facts

Total Space Available 5,000 SF
Property Type Hospitality
Property Subtype Hotel
Building Size 48,750 SF
Year Built/Renovated 1920/2024

About the Property

The property is located at 1119 Garden Street in downtown San Luis Obispo, California. It is part of Hotel Cerro and includes a restaurant space with a commercial kitchen. The site is within walking distance of multiple dining and retail establishments and is accessible from U.S. Highway 101. The property is situated in a mixed-use urban environment with nearby hospitality and entertainment amenities.

Features and Amenities

  • Balcony
  • Fitness Center
  • Pool
  • Restaurant
  • Room Service
  • Spa
  • High Speed Internet Access
  • Patio
  • On-Site Bar
  • Boutique/Lifestyle Hotel
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free
  • Digital key
Exceptionally walkable
90/100
Exceptionally drivable
100/100
Some public transit
40/100
Moderately bikeable
70/100

Nearby Major Retailers

Bank of the Sierra
Charles Schwab
Chase Bank
Jazzercise
UMB Bank
Starbucks
U.S. Bank
Banc of California
Bank of America
Urbane Cafe
  • Listing ID: 39977945

  • Date on Market: 3/31/2026

  • Last Updated:

  • Address: 1125 Garden St, San Luis Obispo, CA 93401

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}