our little venue just ‘round the corner

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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 and workshops, The Penny offers flexible rental availability.

​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.