FBpixel

Get More Info

Print A Flyer

Get A Home Loan

Share

972 Foothill Blvd

San Luis Obispo, CA 93401

Copy Link Get Directions

$950,000

5,650 sq ft

972 Foothill Blvd

San Luis Obispo, CA 93401

Get Directions
Listed On: 02/05/2026
Status: Active
Listing Number: PI26022139 (CRMLS)

Schedule a Tour

Contact Info


Advertising Agent:

London Properties, Ltd.
London Properties, Ltd. 559.436.4071 Email Agent
Property Description
Listing Agent: Mark Burnes, Burnes Commercial Group
Listing Co-Agent: Paul Swack, Keller Williams Realty Santa Barbara

Take the reins of Milestone Tavern, a well-appointed, full-service, dine-in restaurant and pub situated in the heart of San Luis Obispo, California. This established business, which has been successfully operating since 2017, presents an excellent opportunity for an owner-operator to capitalize on its strong reputation and take it to the next level. The restaurant is housed in a spacious 5,650 square feet facility, strategically located in a highly visible area, attracting both locals and tourists alike. The business comes with a Class 47 Liquor License, allowing the new owner to continue serving a full bar menu to complement the restaurant's popular food offerings. Milestone Tavern currently employs a team of 31 dedicated staff members, ensuring smooth operations and impeccable customer service. The existing owners, who have had a successful run in the restaurant industry for three decades, are now looking to semi-retire. They are committed to providing as much training and support as the new owner needs to ensure a seamless transition. This is an excellent opportunity to acquire a thriving business with significant growth potential. The owners have laid a strong foundation, and with the right vision, the new owner can build upon this success. The asking price for this profitable venture is $950,000. Detailed financials and lease terms will be released upon the execution of the attached non-disclosure agreement (NDA). This is a rare opportunity to own a profitable and established restaurant business in the vibrant city of San Luis Obispo To get more information about this Milestone Tavern business for sale in San Luis Obispo, California. Please complete, execute and return the attached NDA for P&Ls and lease information.
Property Type
Business Opportunity
Price Per Square Foot
$168
Days On London
39
County Or Parish
San Luis Obispo
Directions
Corner of Santa Rosa & Foothill
Business Type
Restaurant
Year Established
2018
Business URL
https://www.milestonetavern.com/
Ownership Type
Partnership
Leasable Area
5650.00
Leasable Area Units
Square Feet
Additional Parcels Y/N
No

The data relating to real estate for sale on this web site comes in part from the Internet Data eXchange (IDX) of the Multiple Listing Service. Real estate listings are marked with the IDX logo and detailed information about them includes the name of the listing broker and the name of the listing agent. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Information herein deemed reliable but not guaranteed, representations are approximate, individual verification recommended.

Copyright © 2026  London Properties, Ltd. All rights reserved.