
wedding ceremony + reception venue in San Luis Obispo
welcome to The Penny SLO Venue


Celebrations for the modern couple in downtown SLO.
You just found The Penny, lucky you. After scrolling past what felt like the 100th barn and winery venue (we counted), you’ve discovered something refreshingly different in downtown San Luis Obispo. An industrial-chic space where signature cocktails flow, styling comes included, and downtown’s best bars are just steps away. A place for couples who want their celebration to be effortlessly cool, totally stress-free, and uniquely them.
Central + Cool
The Downtown Address Your Party Deserves
Right in the heart of SLO, The Penny puts you exactly where you want to be. Steps from the city’s best hotels, late-night food spots, and Higuera Street’s finest watering holes. Perfect for Cal Poly alumni coming home to celebrate, Central Coast dwellers craving that downtown energy, and anyone who thinks walking distance to after-parties should be a venue requirement.

Think industrial cool meets modern luxury – exposed brick walls that set the perfect vibe, and a courtyard made for those “everyone on the dance floor” moments.


All the Ways to
Penny
(because we make fabulous feel effortless)
Rave Reviews
“It was such an incredible experience working with the team from start to finish”
“I got married at The Penny and it was such an incredible experience working with the team from start to finish. We toured venues from Sacramento, CA to the Bay Area to Paso and a few others in SLO but fell in love with The Penny and their rental inventory from our very first visit. Our guests loved the convenient location downtown and had a blast walking to the bars on Higuera after our reception ended.”
– Haley 🤍

Make it
Penny
Every corner of our former blacksmith shop has been transformed for today’s couples – keeping the character but ditching the dated. Whether you’re planning a wedding that’ll have everyone talking, a corporate event that’s anything but boring, or just need an excuse to throw an amazing party – we’ve got you covered.

The Original
Cool
Plot twist: A 1930s blacksmith shop becomes SLO’s most stylish celebration spot. We kept the soul of the space (those brick walls had to stay) but added all the modern luxuries that make celebrations unforgettable. While our name pays homage to our crafty roots, there’s nothing old-school about how we do weddings. Consider us your something old and something new, all in one incredibly cool package.
