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    920 Olive Street

    San Luis Obispo, CA 93405
    • $3,600,000
    • STATUS: Active
    • ON SITE: 903 days
    • ID#: NS19030998
    UPDATED: 51 min ago
    $3,600,000
    • 0
      BEDS
    • 1.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,737
      SQFT
    • $412
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1961
    County:

    School Ratings & Info

    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 managers unit. Potential abounds, check with the City of San Luis Obispo for expansion options of up to 80 units on this oversized lot

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-08-04T21:25:55.173. 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 deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.
    www.therealestategirl.com/homes/91770910
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    920 Olive Street San Luis Obispo, CA 93405

    • Price: $3,600,000
    • Status: Active
    • Updated: 51 min ago
    • ID#: NS19030998
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.18
    Acres
    8,737
    SQFT
    $412
    $/SQFT
    1961
    Built
    Neighborhood:
    SLO - San Luis Obispo
    County:
    San Luis Obispo
    Area:
    SLO - San Luis Obispo
    Property 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 managers unit. Potential abounds, check with the City of San Luis Obispo for expansion options of up to 80 units on this oversized lot
    Exterior Features

    Construction Materials BrickStuccoWood Siding Fencing Average ConditionWoodWire Lot Features Corner LotLot Over 40000 SqftLevel Other Structures Living Quarters Roof Composition Sign On Property YN No

    Interior Features

    Cooling None Cooling YN No

    Property Features

    Additional Parcels YN No Business Type Hotel/Motel Common Interest None Current Financing None Electric Electricity - On PropertyStandard Laundry Features Common Area Listing Agreement Exclusive Right To Sell Listing Terms 1031 Exchange Property Sub Type Hotel/Motel Security Features Resident ManagerSmoke Detector(S)Security Lights Special Listing Conditions Standard Utilities Cable AvailableElectricity ConnectedNatural Gas AvailablePhone ConnectedSewer Connected Water Source Public

    Listing provided courtesy of Sheri Parrish of Country Real Estate, Inc. and Tim Parrish of


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-08-04T21:25:55.173. 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 deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.
     
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