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$ 1,395,000
Est. payment | /mo
1.01 Acres Lot
$ 1,395,000
Est. payment | /mo
1.01 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID SC25001786
HOA Y/N No
Lot Size 1.010 Acres
Property Description
Great investment opportunity!! This fully entitled 38-key hotel development project is located in the rapidly growing city of Paso Robles. Situated just off Highway 101 at Highway 46, the property offers excellent visibility and easy access, and is only minutes from Downtown Paso Robles and Templeton, right at the start of the renowned Wine Trail. The property is in a cul-de-sac with three other hotels and adjacent to a strip mall with restaurants and a gas station, making it an ideal location for a hospitality development. This is an exceptional chance to tap into the booming tourism market in Paso Robles!
Location
State CA
County San Luis Obispo
Area Psor - Paso Robles
Zoning C2
Interior
Fireplace No
Exterior
Community Features Sidewalks
Utilities Available Electricity Available, Sewer Available, Water Available
View Y/N Yes
View Hills
Present Use See Remarks
Building
Lot Description 36-40 Units/Acre, Lot Over 40000 Sqft
Water Public
New Construction No
Others
Senior Community No
Tax ID 009831021
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Special Listing Condition Standard
Listed by Eric Gignoux • Western Hotel Brokers, Inc • 805 452-2880