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6901 El Camino Real - Entitled 88-Key Atascadero Hotel Development

0.96 Acres of Commercial Land Offered at $2,199,000 in Atascadero, CA 93422

Investment Highlights

  • Prime Entitlement: Fully entitled property, saving investors valuable time and resources in the development process.
  • Dynamic Market: Positioned to capitalize on Atascadero's upward trajectory as a destination for lifestyle, leisure, and business activities.
  • Strategic Location: Exceptional access to major highways, wine country attractions, and local amenities ensures strong consumer demand.

Executive Summary

Western Hotel Brokers exclusively presents Bridge Walk at Colony Square, a premier hotel development opportunity in Atascadero, CA. This fully entitled project includes plans for an 88-key hotel and 5 commercial retail spaces, including one pre-designated for a restaurant. Strategically located in a high-visibility, high-demand area, this project is set to capitalize on the region’s dynamic growth and tourism potential.
Key Features:
88-Key Hotel: Modern design tailored for business and leisure travelers.
5 Retail Spaces: Flexible layouts, including one ideal for a restaurant.
Prime Location: Just off Highway 101, near Downtown Atascadero and the Paso Robles Wine Trail.
High Traffic Area: Located within Colony Square, surrounded by retail, dining, and entertainment.
Location Highlights:
Easy access to Highway 101 and major regional attractions.
Minutes from Downtown Paso Robles, Templeton, and wine country destinations.
Positioned in a bustling mixed-use area with existing hotels, restaurants, and retail businesses.
Bridge Walk at Colony Square presents a unique opportunity to invest in a fully entitled hospitality project in California's desirable Central Coast region. The project is well-positioned to deliver significant growth, ideal for investors looking to capitalize on Atascadero’s burgeoning tourism, lifestyle, and economic appeal.
Don't miss this chance to develop a premier hospitality project in one of California's fastest-growing regions.

Property Facts

Price $2,199,000
Sale Type Investment
Sale Conditions 1031 Exchange
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Hotel
Total Lot Size 0.96 AC

1 Lot Available

Lot

Price $2,199,000
Price Per AC $2,290,625
Lot Size 0.96 AC
Walk Score ®
Very Walkable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
029-361-041
Land Assessment
$435,218
Improvements Assessment
$0
Total Assessment
$435,218

zoning

Zoning Code DC
DC
  • Listing ID: 34054352

  • Date on Market: 12/2/2024

  • Last Updated:

  • Address: 6901 El Camino Real, Atascadero, CA 93422

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