San Luis Obispo County, CA Hospitality Properties for Sale

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Updated: Apr 19

Approved Mixed-Use Retail Hotel Development

800 11th. Street, Paso Robles, CA 93446

$4,500,000

10,780 sqft 0.50 AC lot

Nearly 1/2‑acre parcel with almost 11,000 SF of improved building on the downtown city park of Paso Robles
Leased 4,700+/- SF restaurant included
Recently approved mixed‑use plans for retail plus 12,000+/- SF hotel with 12 two‑bedroom, two‑bath units and private balconies
Approved commercial retail units: 2,330 SF, 1,350 SF, and 1,060 SF, plus shared parking lot
Approved remodel includes three leasable units of about 2,900 SF, 1,350 SF, and 1,250 SF

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Updated: Aug 12

Tuscan Bed & Breakfast Estate

1455 KILER CYN RD, Paso Robles, CA 93446

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5,569 sqft 11.33 AC lot

11.33 usable acres within the Willow Creek AVA
5,569 SF estate built in 2003
Licensed Bed & Breakfast currently in operation
Four guest en‑suite bedrooms with fireplaces and private outdoor access
Existing ABC liquor license, subject to California ABC approval

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Construction-Ready Hotel Site

2223 Monterey Street, San Luis Obispo, CA 93401

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2,410 sqft 4.21 AC lot

Fully entitled for an 83-key hotel on a freeway-adjacent site along US Highway 101 with immediate access.

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See what stands out in San Luis Obispo County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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NOI available after sign in

Local Demand available after sign in

78-Key Branded Hotel

775 North Oak Park Boulevard, Grover Beach, CA 93433

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43,040 sqft

Most property improvement work was completed in 2025, supporting continued hotel operations in Grover Beach.

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Boutique Inn Near Downtown

2749 Spring St, Paso Robles, CA 93446

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8,000 sqft

Boutique Inn with 24 keys near downtown Paso Robles.

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Turnkey Wine Country Investment Opportunity

3750 W Highway 46, Templeton, CA 93465

$4,350,000

14.09 AC lot

Rare Paso Robles property with tasting room, vineyard, and rental.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Coastal Boutique Bed And Breakfast

95 S Ocean, Cayucos, CA 93430

$4,399,000

Nine operating suites, ocean-facing accommodations, and hospitality facilities support an established lodging operation near Cayucos Beach.

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Remodeled Creekside Inn Hotel

2618 Main St, Cambria, CA 93428

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8,352 sqft 0.73 AC lot

Fee-simple lodging property near the ocean with remodeled guest accommodations and a five-star Tripadvisor rating.

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Bay View Inn, Morro Bay

225 Harbor St, Morro Bay, CA 93442

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23-room coastal property near harbor and Embarcadero.

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Morro Bay Boutique Hotel Opportunity

1050 Morro Ave, Morro Bay, CA 93442

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Boutique hotel with ocean views and expansion potential.

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Boutique Inn with Guest Rooms

235 Harbor St, Morro Bay, CA 93442

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Newly restored 11-room boutique inn with five rooms featuring full kitchens and the rest offering microwaves and refrigerators.

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Motel with Residence and Guest Suite

51 S Ocean Ave, Cayucos, CA 93430

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Includes a renovated residence, guest suite, garage, and flexible motel configuration in a downtown beach-town setting.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 12 Active listings in San Luis Obispo County, CA, we suggest exploring several alternatives: similar 60 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Land with Beach Front

Atascadero Road, Morro Bay, CA 93442

$3,900,000

3.73 AC lot

CVS-zoned commercial land with beach frontage and public water service in Morro Bay.

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Buildable Ranch Estate Land

E Hwy 41, Templeton, CA 93465

$838,000

119.00 AC lot

Fenced 119-acre ranch estate with graded roads, a buildable pad, and a completed Caltrans approach.

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C3 Commercial Land Parcel

Wisteria Lane, Paso Robles, CA 93446

$1,400,000

2.20 AC lot

Build-ready commercial land with completed improvements, fiber optic service, and public water in Paso Robles.

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C3 Commercial Land Parcel

Wisteria Lane, Paso Robles, CA 93446

$2,900,000

4.72 AC lot

Value Estimation by Request

10,296 sqft 0.40 AC lot

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MOTEL

2455 Riverside Ave, Paso Robles, CA 93446-1338

$19,000,000

Estimated value

1.59 AC lot

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San Luis Obispo County, CA Hospitality Properties Market Trends and Statistics

Explore 72 hospitality properties for sale in San Luis Obispo County, CA, showcased through 12 active listings on our real estate platform. These investment opportunities span a total of 78,151 square feet of properties for sale, with an estimated market value of $13,249,000.

Sale prices for hospitality properties in San Luis Obispo County, CA start at $4,350,000, averaging $4,416,333, and reaching up to $4,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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