Cayucos, CA 93430,51 S Ocean Avenue
Cayucos, CA 93430,51 S Ocean Avenue
Cayucos, CA 93430,51 S Ocean Avenue
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$5,200,000
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3,892 SqFt
Active

51 S Ocean Avenue Cayucos, CA 93430

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Disen Cai

Disen Cai

Keller Williams Peninsula Estates

+1(650) 622-2156

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Key Details

Property Type Commercial

Sub Type Comm Ind For Sale

Listing Status Active

Purchase Type For Sale

Square Footage 3,892 sqft

Price per Sqft $1,336

MLS Listing ID CRSC25056822

HOA Y/N No

Year Built 1938

Lot Size 10,019 Sqft

Acres 0.23

Property Sub-Type Comm Ind For Sale

Property Description

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.

Location

State CA

County San Luis Obispo

Zoning Comm

Interior

Heating Forced Air

Cooling None

Fireplace No

Exterior

Utilities Available Electricity Connected, Natural Gas Connected, Other, Cable Connected

Building

New Construction No

Others

Tax ID 064125040


Bridge MLS
Listed by Frankie Ciano • Ciano Real Estate, Inc.

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agent

Disen Cai

Agent | License ID: 01928373

+1(650) 622-2156

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51 S Ocean Avenue