Situated in the heart of downtown San Luis Obispo, The Penny is a unique event venue featuring an open floor plan with an industrial indoor space and secluded outside patio. San Luis Obispo's only large, mixed-use event space of its kind, The Penny's central location offers walk-ability to all of downtown's best hotels, restaurants and nightlife. The Penny team has combined it's years of event expertise, a love for preserving storied history, and a sharp eye for design to create a unique and versatile space capable of hosting a wide variety of events and clientele.

Constructed in the 1930’s to house a blacksmith shop, the building's historic aesthetic showcases original architecture, exposed brick, and industrial finishes with modern fixtures and decor. A vast array of included amenities and available add on services offer clients a streamlined planning process from booking to event execution.

the Penny

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the Penny

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