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407 El Camino Real Arroyo Grande, CA

$1,990,000

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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.

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Property Information

  • Address: 407 El Camino Real, Arroyo Grande, CA 93420. 
  • Price: $1,990,000 
  • MLS #: PI1074852 
  • Year Built: 1984 
  • Listing Courtesy of: Auer Real Estate Inc. 
  • City: Arroyo Grande 
  • Postal Code: 93420 
  • County: San Luis Obispo 

Amenities

  • Heating: Yes 
  • Heat Source: Baseboard,Forced Air 

Other

  • 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. 
  • List Date: February 6, 2017 
  • Status: Active 

Other

  • Office ID: 117532 

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Based on information from California Regional Multiple Listing Service, Inc. as of October 22nd, 2017 at 04:39:39AM UTC. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.