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All Available Spaces(4)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Build-Out
  • Available
  • 1st Floor, Ste 1110 Broad
  • 350 SF
  • 3-10 Years
  • $60.00 /SF/YR $5.00 /SF/MO $21,000 /YR $1,750 /MO
  • Retail
  • Full Build-Out
  • 30 Days

Positioned in the vibrant core of downtown San Luis Obispo, this space offers unmatched visibility and a prime location for a specialty concept. Perfectly sized for a coffee shop, ice cream store, or small bakery, it provides a unique opportunity to capture both local and visitor traffic in a vibrant setting. With its modern buildout and strategic placement within a luxury hotel environment, it’s ideal for a signature dining concept or an established operator looking to expand.

  • Listed rate may not include certain utilities, building services and property expenses
  • Located in-line with other retail
  • Fully Built-Out as a Restaurant or Café Space
  • Space is in Excellent Condition
  • 1st Floor, Ste 1119 Garden
  • 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.
  • 1st Floor, Ste 1120 Broad
  • 4,067 SF
  • 5-10 Years
  • Upon Request Upon Request Upon Request Upon Request
  • Retail
  • Full Build-Out
  • 30 Days

Experience a rare 4,067 SF turn-key spa opportunity in Hotel Cerro at 1120 Broad St, offering a thoughtfully designed layout that includes single treatment rooms, wet treatment rooms with in-room showers ideal for scrubs and hydro-based therapies, and double treatment rooms perfect for couples’ services. The spa also features dedicated skincare and esthetician spaces, a tranquil meditation lounge, inviting exterior meditation areas, steam rooms, and private men’s and women’s locker rooms. A well-sized retail boutique welcomes guests at the entry, complemented by significant street frontage in a highly visited corridor surrounded by top wineries and premier wedding destinations, creating a built-in clientele drawn to relaxation, wellness, and high-end hospitality experiences.

  • Fully Built-Out as Standard Retail Space
  • Space is in Excellent Condition
  • Located in-line with other retail
  • 1st Floor, Ste 736 Marsh
  • 1,100 SF
  • 3-10 Years
  • $33.00 /SF/YR $2.75 /SF/MO $36,300 /YR $3,025 /MO
  • Office/Retail
  • -
  • Now

Positioned in the heart of downtown San Luis Obispo, this office/retail space combines modern functionality with prime visibility. Its proximity to the renowned Cerro Hotel ensures consistent exposure to locals, visitors, and hotel guests. With updated finishes and a flexible layout, it’s ideal for professional offices, boutique retail, or a service-oriented concept seeking a high-profile location.

  • Listed rate may not include certain utilities, building services and property expenses
  • Fits 3 - 9 People
  • Space is in Excellent Condition
  • Open Floor Plan Layout
  • 1 Conference Room
  • Reception Area
Space Size Term Rental Rate Space Use Build-Out Available
1st Floor, Ste 1110 Broad 350 SF 3-10 Years $60.00 /SF/YR $5.00 /SF/MO $21,000 /YR $1,750 /MO Retail Full Build-Out 30 Days
1st Floor, Ste 1119 Garden 5,000 SF 5-10 Years Upon Request Upon Request Upon Request Upon Request Retail Full Build-Out Now
1st Floor, Ste 1120 Broad 4,067 SF 5-10 Years Upon Request Upon Request Upon Request Upon Request Retail Full Build-Out 30 Days
1st Floor, Ste 736 Marsh 1,100 SF 3-10 Years $33.00 /SF/YR $2.75 /SF/MO $36,300 /YR $3,025 /MO Office/Retail - Now

1st Floor, Ste 1110 Broad

Size
350 SF
Term
3-10 Years
Rental Rate
$60.00 /SF/YR $5.00 /SF/MO $21,000 /YR $1,750 /MO
Space Use
Retail
Build-Out
Full Build-Out
Available
30 Days

1st Floor, Ste 1119 Garden

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, Ste 1120 Broad

Size
4,067 SF
Term
5-10 Years
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Retail
Build-Out
Full Build-Out
Available
30 Days

1st Floor, Ste 736 Marsh

Size
1,100 SF
Term
3-10 Years
Rental Rate
$33.00 /SF/YR $2.75 /SF/MO $36,300 /YR $3,025 /MO
Space Use
Office/Retail
Build-Out
-
Available
Now

1st Floor, Ste 1110 Broad

Size 350 SF
Term 3-10 Years
Rental Rate $60.00 /SF/YR
Space Use Retail
Build-Out Full Build-Out
Available 30 Days

Positioned in the vibrant core of downtown San Luis Obispo, this space offers unmatched visibility and a prime location for a specialty concept. Perfectly sized for a coffee shop, ice cream store, or small bakery, it provides a unique opportunity to capture both local and visitor traffic in a vibrant setting. With its modern buildout and strategic placement within a luxury hotel environment, it’s ideal for a signature dining concept or an established operator looking to expand.

  • Listed rate may not include certain utilities, building services and property expenses
  • Fully Built-Out as a Restaurant or Café Space
  • Located in-line with other retail
  • Space is in Excellent Condition

1st Floor, Ste 1119 Garden

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.

1st Floor, Ste 1120 Broad

Size 4,067 SF
Term 5-10 Years
Rental Rate Upon Request
Space Use Retail
Build-Out Full Build-Out
Available 30 Days

Experience a rare 4,067 SF turn-key spa opportunity in Hotel Cerro at 1120 Broad St, offering a thoughtfully designed layout that includes single treatment rooms, wet treatment rooms with in-room showers ideal for scrubs and hydro-based therapies, and double treatment rooms perfect for couples’ services. The spa also features dedicated skincare and esthetician spaces, a tranquil meditation lounge, inviting exterior meditation areas, steam rooms, and private men’s and women’s locker rooms. A well-sized retail boutique welcomes guests at the entry, complemented by significant street frontage in a highly visited corridor surrounded by top wineries and premier wedding destinations, creating a built-in clientele drawn to relaxation, wellness, and high-end hospitality experiences.

  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition

1st Floor, Ste 736 Marsh

Size 1,100 SF
Term 3-10 Years
Rental Rate $33.00 /SF/YR
Space Use Office/Retail
Build-Out -
Available Now

Positioned in the heart of downtown San Luis Obispo, this office/retail space combines modern functionality with prime visibility. Its proximity to the renowned Cerro Hotel ensures consistent exposure to locals, visitors, and hotel guests. With updated finishes and a flexible layout, it’s ideal for professional offices, boutique retail, or a service-oriented concept seeking a high-profile location.

  • Listed rate may not include certain utilities, building services and property expenses
  • Open Floor Plan Layout
  • Fits 3 - 9 People
  • 1 Conference Room
  • Space is in Excellent Condition
  • Reception Area

Property Facts

Total Space Available 10,517 SF
Property Type Hospitality
Property Subtype Hotel
Building Size 48,750 SF
Year Built/Renovated 1920/2024

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
  • Listing ID: 39977945

  • Date on Market: 4/7/2026

  • Last Updated:

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

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