The Penny

664 Marsh St, San Luis Obispo, CA
Capacity: 300 people
About The Penny
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 + outside courtyard. Available for weddings, receptions, parties, corporate events, photo shoots, production, workshops and more. 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. It's name, The Penny, is a nod to the craftsmanship that has taken place within these walls for close to a century. 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 new hotels, restaurants and nightlife. Owners, Tinker Tin Trailer Co and Sidecar Cocktail Co, and Heather and Mike Spangler Jr have combined their event expertise, love for preserving storied history, and a sharp eye for design to create a unique space and superior experience.
Package Pricing
Venue Rental
Attendees: 300 max | $850 - $5,950 /event
Pricing for all event types
Event Spaces
Venue Types
  • Handicapped Accessible
  • Outdoor Function Area
  • Outside Catering Allowed
  • Wireless Internet/Wi-Fi
  • Max Number of People for an Event: 300
  • Number of Event/Function Spaces: 1
  • Special Features: 125 guests - Seated 300 guests - Cocktail/Reception
  • Total Meeting Room Space (Square Feet): 2,125
  • Year Renovated: 2019