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6005 EL CAMINO REAL Atascadero CA 93422-4210

[Locked] • APN 029-342-023

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Details
Property Type Hospitality
Sub Type Hotel
Building SqFt 18,800
Lot SqFt 20,205
Acreage ******
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Zoning Code DC
Year Built 1929
Building Count 1
Opportunity Zone No
Sold Price per Acre ******
Tax Year ******
Days on Market ******
Owner Name COVENTRY INVESTMENTS LLC

Property History

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Activated On
08/30/2022 20:41:54
Sold Price
******
Description
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Marketing Description
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Marketing Description Text
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Investment Highlights
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Brokers
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Price/Sq Ft
******
Asking Price
******
Days on Market
******
Brokerage(s)
******
Property Type
Property Type
Hospitality
Property Subtype
Hotel
Marketing Description

The historic Carlton Hotel is a 52-room boutique hotel located on the east corner of El Camino Real and Traffic Way, in the charming city of Atascadero, California and is exclusively offered for sale to a distinctive buyer. The property consists of one, interior-corridor, three-story building of concrete and masonry construction. The hotel originally opened in 1929 as a full-service, luxury hotel. The current owners purchased the hotel in 1999 and began a major renovation/restoration, fundamentally tearing down and rebuilding the property. The Carlton Hotel re-opened in 2004 with essentially new construction, with good quality furnishings that reflect an old-world historical style. The 52 rooms are elegant and spacious with luxurious accents, uniquely decorated with modern conveniences. The hotel's amenities include approximately 2,500 square feet of meeting space, a fitness room, and a business center. The improvements also include a 4,200 square foot retail space leased to Back Porch Bakery and approximately 7,500 square feet of restaurant/lounge space and a Tuscany style courtyard on the third floor. Recently, the Nautical Cowboy was in the restaurant portion of the building and the possibilities are endless of what could be the next venture for this spacious area of the hotel; an established winery with wine tasting, an upscale beer or champagne bar, or even a pizza parlor . . . so many options for this great space. This unique offering is established in a growing and now updated area of downtown Atascadero with many prospects of growth and opportunity. Conveniently located to all Atascadero has to offer and there are over 300 wineries and breweries to choose from close by, which puts you in the heart of wine country. This historic boutique hotel is ideally situated for exploring the famed wine regions of Edna Valley and Paso Robles and the rich coastal communities of Pismo Beach, Cambria, Morro Bay and Cayucos in Central California. This magnificent property is placed midway between San Francisco and Los Angeles. Location, location, location!!! Wonderful opportunity to own a piece of property on the desired Central Coast.

Investment Highlights

The historic Carlton Hotel is a 52-room boutique hotel located on the east corner of El Camino Real and Traffic Way, in the charming city of Atascadero, California and is exclusively offered for sale to a distinctive buyer. The property consists of one, interior-corridor, three-story building of concrete and masonry construction. The hotel originally opened in 1929 as a full-service, luxury hotel. The current owners purchased the hotel in 1999 and began a major renovation/restoration, fundamentally tearing down and rebuilding the property. The Carlton Hotel re-opened in 2004 with essentially new construction, with good quality furnishings that reflect an old-world historical style. The 52 rooms are elegant and spacious with luxurious accents, uniquely decorated with modern conveniences. The hotel's amenities include approximately 2,500 square feet of meeting space, a fitness room, and a business center. The improvements also include a 4,200 square foot retail space leased to Back Porch Bakery and approximately 7,500 square feet of restaurant/lounge space and a Tuscany style courtyard on the third floor. Recently, the Nautical Cowboy was in the restaurant portion of the building and the possibilities are endless of what could be the next venture for this spacious area of the hotel; an established winery with wine tasting, an upscale beer or champagne bar, or even a pizza parlor . . . so many options for this great space. This unique offering is established in a growing and now updated area of downtown Atascadero with many prospects of growth and opportunity. Conveniently located to all Atascadero has to offer and there are over 300 wineries and breweries to choose from close by, which puts you in the heart of wine country. This historic boutique hotel is ideally situated for exploring the famed wine regions of Edna Valley and Paso Robles and the rich coastal communities of Pismo Beach, Cambria, Morro Bay and Cayucos in Central California. This magnificent property is placed midway between San Francisco and Los Angeles. Location, location, location!!! Wonderful opportunity to own a piece of property on the desired Central Coast.

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Property Details

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There are no additional details for this property

Contacts

Sold on
 BY:
SW
Shawna Weyrich
•••.•••.5003
•••••••••rich@•••••.com
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