407 El Camino Real
Arroyo Grande, CA 93420

$2,100,000

Description

MUST SEE! 6,000 square foot Inn on 1/3-acre just outside the Village of Arroyo Grande. Excellent wedding and events venue! Property has 7 large guest suites each with private bath as well as a 2 bed 1 bath optional live-in quarters. The ground level of the property opens to wonderfully landscaped gardens and includes a full kitchen and 2 large common areas that could easily serve as a full service restaurant/bar/lounge. The property is impeccably maintained and ready for someone to step in and start doing business immediately. Excellent freeway visibility! This is a must see property as the pictures just do not do it justice. Park in the parking lot located at 210 Oak St and walk through the gardens to get a feel for the potential here!

Details

MLS#PI19064584
StyleHospitality
Sub-TypeResale
StatusActive
Year1986
Days On Site9

Features

SQ Feet6,000
Story(s)3
ZoningHighway Mixed Use

Market Activity 93420

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Area Information

StateCA
CountySan Luis Obispo
CityArroyo Grande
Zip Code93420
AreaARRG - Arroyo Grande
Listing VS Median (in 93420)
Price:
$2,100,000
low | high
Med:
$655,000
100% of Average
SqFt:
6,000
low | high
Med:
2,976
100% of Average
$ / SqFt:
$350
low | high
Med:
$220
87.115975422427% of Average
On Site:
9
low | high
Med:
44
20.454545454545% of Average
Nearby Listings (Within 1/2 mile)
Price: $0 - $0
SqFt: 4,500 - 7,500
Listing Updated: 04/23/2019
MLS Number: PI19064584
Listing Provided By:
David Glass  of  Auer Real Estate Inc.
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.