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$1,979,000
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Property Description
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.
Full Property Details
Full Property Details for 2927 Spring St
General
- Price: $1,979,000
- Status: Active
- Type: Retail
- Source: MRMLS
- MLS ID: PI26009437
- Updated: 4/14/2026
- Days on Market: 94 days
- Added to Site: 116 day(s) ago
Business
- Business Type: Bar/Tavern/Lounge, Restaurant, Other
Interior
- Laundry Facilities: Yes
Rooms
Other Rooms
- Laundry: Inside, Washer Included, Dryer Included
Location
- County: San Luis Obispo
- Building Name: Su Casa
- Driving Directions: On your left, 2927 Spring St
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Utility Description: Natural Gas Connected, Sewer Connected, Cable Connected, Electricity Connected
Structural Information
- # Buildings: 1
- Entry Floor Number: 1
- Stories/Levels: 1
- Building Size: 4123
- Square Feet: 4,123
- Current Bldg. Use: Investment
- Retail: 4,123 Sq. Ft.
- Year Built: 1947
- Year Built Source: Public Records
Unit Information
- Occupancy Rate: Occupied
Lot Features
- Lot Size (Acres): 0.8012
- Useable Acres: .8012
- Lot Size (Sq. Ft.): 34,900
- Lot Size Source: Assessor
- Lot Features: Level with Street, Paved, Landscaped, Rectangular Lot, 0-1 Unit/Acre, Level, Near Public Transit, Park Nearby, Front Yard, Garden, Lot 20000-39999 Sqft, Yard
- Lot Description: Level with Street, Paved, Landscaped, Rectangular Lot, 0-1 Unit/Acre, Level, Near Public Transit, Park Nearby, Front Yard, Garden, Lot 20000-39999 Sqft, Yard
Financial Considerations
- Price Per Sq. Ft.: $479
Disclosures and Reports
- Inclusions: #47 Liquor License, all items used to run and operate business
- Property ID: 8065021
Listed by NextHome Central Coast, CJHegney
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Schools
Schools serving 2927 Spring St
School District:Paso Robles Joint Unified School District
| Name | Grades | Distance |
|---|---|---|
Georgia Brown Elementary School 525 36th Street, Paso Robles, CA 93446 | K-5 | 0.4 mi |
George H. Flamson Middle School 2405 Spring Street, Paso Robles, CA 93446 | 6-8 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2927 Spring St
Date
Details
Price
Change
Source
1/08/2026
Listed
$1,979,000
216.64%
MLS
3/27/2015
Sold
$625,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2927 Spring St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,317
2%
$751,144
2%
2024
$8,187
2%
$736,416
2%
2023
$8,054
2%
$721,978
2%
2022
$7,934
2%
$707,823
2%
2021
$7,798
1%
$693,945
1%
2020
$7,692
1%
$686,831
2%
2019
$7,583
1%
$673,365
2%
2018
$7,480
6%
$660,163
2%
2017
$7,034
2%
$647,220
2%
2016
$6,896
37%
$634,530
39%
2015
$5,016
-5%
$456,373
2%
2014
$5,286
36%
$447,434
44%
2013
$3,891
—
$310,791
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2927 Spring St
2927 Spring Street, Paso Robles, CA 93446 (MLS# PI26009437) is a Retail property. 2927 Spring Street is currently listed for $1,979,000 and was received on January 08, 2026. Want to learn more about 2927 Spring Street? Do you have questions about finding other Retail real estate for sale in Paso Robles? You can browse all Paso Robles real estate or contact a Coldwell Banker agent to request more information.

