51 S Ocean Avenue, Cayucos, CA 93430 | MLS SC24022652 | Listing Information | Berkshire Hathaway HomeServices California Properties | Berkshire Hathaway HomeServices California Properties
FOR SALE
$5,800,000  

51 S Ocean Avenue
Cayucos, CA 93430

Business Opportunities
Commercial
3,892
Sq. Ft.
0.23
Acres Lot
Listing Agent: Frankie Ciano CalDRE: 01412309 - Ciano Real Estate, Inc., 805-748-1026
Legacy, Opportunity, and Functionality; a Spanish Mediterranean style property that has it all. Zoned commercial, residential, and hospitality, the possibilities are rich. Situated a block from the heart of beautiful downtown Cayucos, this prime corner property includes a completely renovated 3 bedroom, 2 bathroom main residence with basement. Adjacent to the main house is a free standing 2 car garage with a 1 bedroom guest suite above that is slated for redesign. Included in the sale is a boutique motel with options for 2 suites with full kitchens, or 4 separate units if desired. The motel, modernized while capturing the classic feel, was the first to operate in Cayucos in the 1930's and features a small office. There are 5 parking spaces on site as well as 2 private spaces accessed from Pacific Street. Within 500 feet of the beautiful sandy beaches, this downtown parcel consists of 4 underlying lots, opening up the possibility of additional development. With a population of nearly 3,000, Cayucos is one of the most idyllic places to live in California and this is a rare opportunity to own an iconic beach town property with ocean views. Established short term rental business/hospitality designation offers a variety of options for the new owner.
SC24022652
Business Opportunities, 1 Story
San Luis Obispo
1938
0.23 Acres
Public
1
3,892 Sq. Ft.
Cable Available,Natural Gas Connected,Phone Available,Sewer Connected,Water Connected
3 Total
Detailed Room Information
Laundry
Common Area
Exterior / Lot Features
Parking
0 Covered Parking Spaces.
Additional Exterior/Lot Features
Corner Lot.
Financial Considerations
064125040
Cash to New Loan
Listing Agent: Frankie Ciano CalDRE: 01412309 - Ciano Real Estate, Inc., 805-748-1026
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