130 S E. Dana Street, Nipomo, CA 93444 (MLS # PI22052524)

Price $1,699,000
Status Active
Beds 6
Baths 7 Baths
Home size 4,500 sqft
Lot Size 1.03 ac
Days on Market 111
This home is currently a Historic Victorian style boutique hotel on one acre. It can easily be a large family home or a 6 room AirB&B. 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 ┬Ż 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.
Property Type(s): Single Family
Last Updated 5/11/2022 Tract Nipomo(340)
Year Built 1887 Community Nipomo
Garage Spaces 1.0 County San Luis Obispo

SCHOOLS

School District Lucia Mar Unified

Price History

Prior to May 11, '22 $1,799,000
May 11, '22 - Today $1,699,000

Additional Details

AIR Central Air
AIR CONDITIONING Yes
AREA Nipomo
FIREPLACE Yes
GARAGE Yes
HEAT Forced Air, Natural Gas
HOA DUES 0
INTERIOR Utility Room
LOT 1.03 acre(s)
LOT DESCRIPTION 16-20 Units/Acre, Level
LOT DIMENSIONS 44,000
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 3
SUBDIVISION Nipomo(340)
UTILITIES Natural Gas Connected,Phone Connected,Sewer Connected, Electric: 220 Volts in Garage
VIEW DESCRIPTION None
WATER Public
ZONING Multi-Family

Location

 

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Listing provided by : Kevin Beauchamp CalDRE: 01331835 | 805-773-7777, Keller Williams Realty Central Coast

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Based on information from California Regional Multiple Listing Service, Inc. as of 7/4/22 11:23 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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