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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.
Property Type(s):
Commercial
| Last Updated | 3/20/2025 | Year Built | 1938 |
|---|---|---|---|
| Community | Cayucos | County | San Luis Obispo |
Additional Details
| AIR | None |
|---|---|
| AREA | Cayucos |
| CONSTRUCTION | Stucco |
| HEAT | Forced Air |
| LOT | 10019 sq ft |
| LOT DESCRIPTION | Corner Lot, Street Level |
| STORIES | 1 |
| UTILITIES | Cable Connected,Electricity Connected,Natural Gas Connected,Phone Available,Sewer Connected,Water Connected |
| WATER | Public |
| WATERFRONT | Yes |
| WATERFRONT DESCRIPTION | Ocean Side Of Highway |
| ZONING | Commercial/Residentail |
Location
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Listed with Ciano Real Estate, Inc.
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