399 S Ocean Avenue, Cayucos, CA 93430 (MLS # SC18297472)

399 S Ocean Avenue, Cayucos, CA 93430 (MLS # SC18297472)

Price $2,900,000
Status Active
Size 8,000 sq ft
Lot Size n/a
Days on Market 86
RARE opportunity to own an attractive boutique hotel in a very popular vacation destination, Cayucos, CA. Located within walking distance to downtown, shopping, spas, the beach and surf, there is huge upside with returning visitors and many activities put on by the Chamber of Commerce. With 19 private suites, it also includes a 2 bed 1 bath updated living quarters for management. 15 of the 19 suites have been updated with new flooring, windows, doors, and magnetic key locks. Two premium suites offer jacuzzi tubs and all suites include small kitchenettes. There is plenty of parking for 26. The popularity of Cayucos extends back for generations; visitors often return year after year, making this an excellent opportunity to capitalize on the potential. Cayucos is just south of Big Sur on California's Central Coast and is equidistant between LA and SF. Vacation activities include: surfing, stand up paddling, kayaking, hiking, biking, paragliding, sightseeing tours, wine tasting tours, hot springs, sea glass hunting and shopping. Cayucos hosts car shows, antiques shows, a HUGE 4th of July and a Polar Bear Dip on January 1st. Plenty of opportunity to capture visitors and keep the rooms occupied. The weather is mild and Mediterranean, and visitors mainly come from the San Joaquin Valley, SF Bay Area, and Los Angeles. This is an opportunity you do not want to pass by. Call your realtor today!
Property Type(s): Commercial
Last Updated 3/14/2019 Year Built 0
Community CAYU - Cayucos County San Luis Obispo

Price History

Prior to Mar 14, '19 $3,400,000
Mar 14, '19 - Today $2,900,000

Additional Details

AREA CAYU - Cayucos
WATER Public

Location

 

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Listing provided by : Joel Pace CalDRE: 01946105, Big Block Realty

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Based on information from California Regional Multiple Listing Service, Inc. as of 3/24/19 9:07 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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