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Listing 8 out of 25
$3,999,000 For Sale

920 Olive Street
San Luis Obispo, CA 93405


8,737 sq ft

Commercial: Hotel/Motel - MLS# NS19030998
Property Photo
1/18

Description

Location. Location. Location, sitting on over an acre of prime San Luis Obispo Real Estate, with sweeping views of the surrounding hillsides. Just minutes from beautiful downtown San Luis Obispo, with an array of restaurants, festivals, shopping, farmers markets, wineries and tourist attractions including all the local beaches. This established Motel offers a total of 18 furnished rooms, an abundance of parking, coin laundry, swimming pool, and a manager’s unit. Potential abounds, check with the City of San Luis Obispo for expansion options of up to 80 units on this oversized lot

Features

  • Property Type: Commercial
  • Sub Type: Hotel/Motel
  • Listing Status: Active
  • Zip Code: 93405
  • Year Built: 1961
  • Sq.Ft.: 8,737 sq ft
  • Area: SLO - San Luis Obispo
  • Building Area Units: Square Feet
  • Building Features: Living Quarters
  • Building Status: Existing
  • Co-Listing Agent License: 01300416
  • Co-Listing Office License: 01381142
  • Condo Area Units: Square Feet
  • Construction Materials: Brick, Stucco, Wood Siding
  • Country: US
  • Directions: HWY 101 South to the Santa Rosa exit, quick left into Motel parking lot.
  • Electric: Electricity - On Property, Standard
  • Fence YN: Yes
  • Laundry Equipment Own Lease: Own
  • Laundry Features: Community
  • Listing Agent License: 01294598
  • Listing Office License: 01381142
  • Lot Size Source: Assessor
  • MLS: CRM
  • Max Total Area Units: Square Feet
  • Min Total Area Units: Square Feet
  • Number Of Buildings: 3
  • Roof: Composition
  • Security Features: Resident Manager, Security Lights, Smoke Detector(s)
  • Utilities: Cable Available, Electricity Connected, Natural Gas Available, Phone Connected, Sewer Connected
  • Water Source: Public
Courtesy of Country Real Estate, Inc., Sheri Parrish

and our Morro Bay Affiliate & second location

Morro Bay Real Estate Partner

San Luis Obispo Realty
805-544-9161
info@san-luis-obispo-realty.com
441 Marsh Street
San Luis Obispo, CA 93401

CA BRE# 00577121

 

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