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920 Olive Street

San Luis Obispo, CA 93405
  • $3,600,000
  • STATUS: Active
  • ON SITE: 1017 Days
  • ID#: NS19030998
UPDATED: 57 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

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

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 2021-11-26T18:26:17.017. 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 The M&M Team Realty. Licensed in the State of California, USA.
www.themmteamrealty.com/homes/91770910
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920 Olive Street San Luis Obispo, CA 93405

  • Price: $3,600,000
  • Status: Active
  • On Site: 1017 Days
  • Updated: 57 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



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-11-26T18:26:17.017. 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 The M&M Team Realty. Licensed in the State of California, USA.
 
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The M&M Team Realty
9230 Mayne St
Bellflower CA, 90706
Listing provided courtesy of Sheri Parrish of Country Real Estate, Inc. and Tim Parrish of Country Real Estate, Inc.