2927 Spring ST Paso Robles, CA 93446
0.8 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID PI26009437
HOA Y/N No
Year Built 1947
Lot Size 0.801 Acres
Property Sub-Type Retail
Property Description
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.
Location
State CA
County San Luis Obispo
Area Psor - Paso Robles
Zoning T-4F
Interior
Heating Central
Cooling Central Air
Inclusions #47 Liquor License, all items used to run and operate business
Fireplace No
Appliance Dryer, Washer
Laundry Inside
Exterior
Community Features Park
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected
Present Use Investment
Total Parking Spaces 34
Building
Lot Description 0-1 Unit/Acre, Front Yard, Garden, Landscaped, Level, Near Park, Near Public Transit, Paved, Rectangular Lot, Street Level, Yard
Story 1
Water Public
Others
Tax ID 008065021
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange
Special Listing Condition Standard
