2927 Spring St 4,123 SF Retail Building Paso Robles, CA 93446 $1,979,000 ($479.99/SF) 9.77% Cap Rate

This is a rare opportunity to acquire a high-performing, income-producing restaurant & bar property with EVERYTHING INCLUDED, offered fully turnkey. The sale includes the real estate, the operating restaurant with over 500 5-star reviews, the #47 LIQUOR LICENSE, and all FF&E, everything needed to continue operations immediately, including all kitchen equipment, bar fixtures, walk-in cooler, hood systems, furnishings, and operating infrastructure. Located in the heart of Paso Robles within the Redevelopment Plan area, this property benefits from excellent visibility, strong traffic counts, and proximity to Highway 101. Positioned directly along the Paso Robles Wine Trail, the restaurant enjoys a loyal local following while also capturing consistent tourist traffic year-round. Current income is very strong, making this an ideal opportunity for investors, owner-operators, or groups seeking a stabilized asset with proven performance. The 4,123sf restaurant sits on a generous 34,900sf lot, offering substantial indoor and outdoor seating capacity. The space features a newer commercial kitchen, full bar, dedicated banquet room, extensive outdoor dining area, a 9’ x 12’ walk-in cooler, commercial hood system, floor drains in food prep areas, and durable tile flooring throughout. Seating capacity includes approximately 145 indoors plus an additional 160 outdoors, allowing for high-volume service and private events. Zoned T-4F, the property may support a variety of alternative or future uses, including office, food production, market, gallery, or professional uses, providing long-term flexibility and upside. The parking lot offers 34 private spaces, plus ample street parking and two ADA spaces. With its combination of high existing income, prime location, full liquor license, and true turnkey operation, this property stands out as one of Paso Robles’ most compelling restaurant investment opportunities.