51 S Ocean Avenue Active Save Request In-Person Tour Request Virtual Tour
Cayucos,CA 93430
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 3,892 sqft
Price per Sqft $1,336
MLS Listing ID CRSC25056822
Year Built 1938
Lot Size 10,019 Sqft
Property Sub-Type Comm Ind For Sale
Property Description
A premier investment opportunity, this Spanish Mediterranean property 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.
Location
State CA
County San Luis Obispo
Interior
Heating Forced Air
Cooling None
Building
Water Public