$1,275,000

1601 Monterey Street

San Luis Obispo CA, 93401

Description

Turn-key restaurant for sale. Pepe Delgado's opened in 1971 and has been a thriving local institution for 49 years. The building is now for sale along with all restaurant fixtures and equipment (except dishwasher.) A Type-47 liquor license is available for sale separately. The property is located in close proximity to several hotels, Cal Poly, and San Luis Obispo high school. This is a unique opportunity to own a freestanding restaurant in a proven location.

Details

MLS#SP20191174
Listing TypeFor Sale
StyleRetail
Sub-TypeResale
StatusActive
Year1946
Days On Site77

Features

SQ Feet2,823

Market Activity 93401

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Area Information
StateCA
CountySan Luis Obispo
CitySan Luis Obispo
Zip Code93401
AreaSLO - San Luis Obispo
Listing VS Median (in 93401)
Price:
$1,275,000
low | high
Med:
$382,000
100% of Average
SqFt:
2,823
low | high
Med:
1,272
100% of Average
$ / SqFt:
$452
low | high
Med:
$317
79.716195010992% of Average
On Site:
77
low | high
Med:
35.5
100% of Average
Listing Updated: November 29, 2020 10:22:12 PM PST
Derek Senn LogoMLS Number: SP20191174
Listing Provided By:
Derek Senn  of  Anderson Commercial RE Service
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.