407 El Camino Real, Arroyo Grande

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
Number Of Units Total: 5

Heating: Baseboard,Forced Air
Parking Total: 10

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