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130 E Dana Street

Nipomo, CA 93444
  • $1,699,000
  • STATUS: Active
  • ON SITE: 191 Days
  • ID#: PI22020791
$1,699,000
  • 0
    BEDS
  • 1.03
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
Built:
1887
County:

School Ratings & Info

Listing Agent(s): Kevin Beauchamp of Keller Williams Realty Central Coast (805-773-7777)


Description

Historic Victorian style boutique hotel on one acre. Over the past 20 years, Seller has invested heavily into the property, realizing a vision that maximizes available square footage for room revenues while expanding the grounds into a beautiful wedding venue, generating significant revenues and profits in addition to the hotel itself. The hotel has a combination of 6 rooms and suites, each with its own bathroom. A shared common lobby / breakfast area allows guests to relax beyond their private hotel room. Guest also can enjoy an acre of beautiful gardens with gazebos, water features and fire pits. The freehold real estate is included in the purchase price, which is located in a quickly gentrifying downtown area in the path of tremendous progress. Located conveniently near wineries, beaches, and several downtown areas, the hotel attracts guests from San Francisco and Los Angeles alike, as well as national and international travelers visiting the Central California Coast. Multi-family zoning 20 units per acre. Seller has plans for 6 condos on acre which will not impact the existing hotel operation. Perfect opportunity for a boutique hotelier expansion to the Central Coast, or a commercial builder seeking a development opportunity in addition to the existing profitable hotel operation. It is currently the only Hotel in Nipomo and one of the few grandfathered in for Events in the South County. The full prospectus will be provided on request for qualified potential buyers.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-13T00:31:07.287. 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 Concierge Real Estate Services, Inc.. Licensed in the State of California, USA.
www.findyosemiteareahomes.com/homes/125313735
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130 E Dana Street Nipomo, CA 93444

  • Price: $1,699,000
  • Status: Active
  • On Site: 191 Days
  • ID#: PI22020791
0
Beds
0
Baths
0
½ Baths
1.03
Acres
1887
Built
Neighborhood:
NPMO - Nipomo
County:
San Luis Obispo
Area:
NPMO - Nipomo
Property Description
Historic Victorian style boutique hotel on one acre. Over the past 20 years, Seller has invested heavily into the property, realizing a vision that maximizes available square footage for room revenues while expanding the grounds into a beautiful wedding venue, generating significant revenues and profits in addition to the hotel itself. The hotel has a combination of 6 rooms and suites, each with its own bathroom. A shared common lobby / breakfast area allows guests to relax beyond their private hotel room. Guest also can enjoy an acre of beautiful gardens with gazebos, water features and fire pits. The freehold real estate is included in the purchase price, which is located in a quickly gentrifying downtown area in the path of tremendous progress. Located conveniently near wineries, beaches, and several downtown areas, the hotel attracts guests from San Francisco and Los Angeles alike, as well as national and international travelers visiting the Central California Coast. Multi-family zoning 20 units per acre. Seller has plans for 6 condos on acre which will not impact the existing hotel operation. Perfect opportunity for a boutique hotelier expansion to the Central Coast, or a commercial builder seeking a development opportunity in addition to the existing profitable hotel operation. It is currently the only Hotel in Nipomo and one of the few grandfathered in for Events in the South County. The full prospectus will be provided on request for qualified potential buyers.
Exterior Features

Other Structures Living Quarters Parking Total 15 Sign On Property YN No

Property Features

Additional Parcels YN No Building Name Kaleidoscope Inn Business Name Kaleidoscope Inn & Gardens Business Type Hospitality Leasable Area 45000 Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To New LoanConventionalOwner May Carry Operating Expense 199375 Zoning Multi Family



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-13T00:31:07.287. 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 Concierge Real Estate Services, Inc.. Licensed in the State of California, USA.
 
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Concierge Real Estate Services, Inc.
4989 California 140
Mariposa CA, 95338
Listing Agent(s): Kevin Beauchamp of Keller Williams Realty Central Coast (805-773-7777)