Masterpiece Hotel | 1206 Main St
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Masterpiece Hotel 1206 Main St
29 Room Hotel Morro Bay, CA 93442 $6,250,000 ($215,517/Room)
Investment Highlights
- Turn Key Coastal Hotel
- Adjacent Single Family Home included in sale
Executive Summary
EVERLYGROVE HOTEL BROKERS is pleased to announce the opportunity to acquire the fee-simple interest in the Masterpiece Hotel in Morro Bay, CA. Within a thriving San Luis Obispo coastal locale with many attractions, the 29-key, 14,867 square foot hotel is established on 0.40 acres in San Luis Obispo County, California. An adjacent 1,754 square foot single family home (SFH), that is now zoned community commercial, which would allow for a mix of hotel rooms and an onsite unit, established on 0.34 acres is also included in the offering. Please contact broker to make an appointment, do not go to property unannounced.
Property Facts
| Price | $6,250,000 | Building Size | 18,001 SF |
| Price Per Room | $215,517 | No. Rooms | 29 |
| Sale Type | Investment | No. Stories | 3 |
| Property Type | Hospitality | Year Built/Renovated | 1985/2022 |
| Property Subtype | Hotel | Parking Ratio | 1.67/1,000 SF |
| Building Class | C | Corridor | Interior |
| Lot Size | 0.40 AC |
| Price | $6,250,000 |
| Price Per Room | $215,517 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.40 AC |
| Building Size | 18,001 SF |
| No. Rooms | 29 |
| No. Stories | 3 |
| Year Built/Renovated | 1985/2022 |
| Parking Ratio | 1.67/1,000 SF |
| Corridor | Interior |
Amenities
- Business Center
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
- Hot Tub
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 2 | $221.00 | - |
| Guest Room | 27 | $111.00 | - |
1 of 1
Walk Score ®
Very Walkable (82)
PROPERTY TAXES
| Parcel Number | 066-312-015 | Improvements Assessment | $2,922,424 |
| Land Assessment | $1,101,300 | Total Assessment | $4,023,724 |
PROPERTY TAXES
Parcel Number
066-312-015
Land Assessment
$1,101,300
Improvements Assessment
$2,922,424
Total Assessment
$4,023,724
zoning
| Zoning Code | C1 |
| C1 |
1 of 35
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Masterpiece Hotel | 1206 Main St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.