407 El Camino Real, Arroyo Grande

$1,990,000
MLS: PI1074852

List Price: $1,990,000
MLS Number: PI1074852
Property Class: CommercialSale
407 El Camino Real, Arroyo Grande, 93420

Year Built: 1984
County: San Luis Obispo
Property Sub Type: Hotel/Motel

Property Description

Commercial property in the heart of the Central Coast only 2 miles to the beach (Pismo Beach/Grover Beach) and 1/2-a-mile from the immensely popular historic village of Arroyo Grande.  It fronts 2 streets with Highway U.S. 101 visibility.  Property consists of about 1/3 acre with a 6,000 square foot Inn, 10-space parking lot, 2 lovely gardens, and a 50-foot running stream with waterfalls and ponds.  The Inn has 7 individual spacious suites with full baths and a 3-room suite with full bath.  There are also 2 large common rooms and a full kitchen. The property was used as a bed and breakfast for 23 years and awarded 3.5 diamonds by AAA.  The possibilities for its use are many and would be excellent for the following, all with minimal effort:  Boutique Hotel, Coffee Shop, Beer Garden/Craft Brewery, Wine Tasting & Events, Garden Weddings, Vacation Rental, and B&B.

Year Built: 1984
Condo Area Units: Square Feet
Building Area Total: 6000
Building Area Units: Square Feet
Days On Market: 212
Stories Total: 3
Roof: Shingle
Zoning: COMR,COM,HCOM
Number Of Units Total: 5

Heating: Baseboard,Forced Air
Parking Total: 10

This Listing is Courtesy of: Auer Real Estate Inc.. This information is deemed reliable, but not guaranteed. The buyer is responsible for verifying all information. This information is provided for use by its members and is not intended for any other purpose. This information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is updated on a daily basis. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.