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    San Luis Obispo, CA
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    San Luis Obispo, CA Hospitality Properties for Sale

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    Construction-Ready Hotel Site
    Updated: Jul 11
    Construction-Ready Hotel Site

    2223 Monterey St, San Luis Obispo, CA 93401

    Contact for pricing
    4.21 AC lot
    Fully entitled for an 83‑key hotel on a freeway‑adjacent site
    4.21‑acre property along US Highway 101 with 46,500 CPD
    Construction‑ready opportunity with immediate highway access
    Can be re‑entitled as a mixed‑use project with allowed residential and commercial uses
    Former site of the original Motel Inn, the “World’s First Motel”
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 62 Potential Opportunities for your consideration. Besides 1 Active listings in San Luis Obispo, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 53 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Tuscan Bed & Breakfast Estate
    Tuscan Bed & Breakfast Estate

    1455 KILER CYN RD, Paso Robles, CA 93446

    Contact for pricing
    5,569 sqft 11.33 AC lot

    Licensed hospitality property with four en-suite guest rooms and expansive indoor-outdoor entertaining areas.

    View details
    Boutique Inn Near Downtown
    Boutique Inn Near Downtown

    2749 Spring St, Paso Robles, CA 93446

    Contact for pricing
    8,000 sqft

    Boutique Inn with 24 keys near downtown Paso Robles.

    View details
    Coastal Boutique Bed And Breakfast
    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.

    View details
    Motel with Residence and Guest Suite
    Motel with Residence and Guest Suite

    51 S Ocean Ave, Cayucos, CA 93430

    Contact for pricing

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

    View details

    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
    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.

    View details
    Agricultural Land with Ranch Improvements
    Agricultural Land with Ranch Improvements

    E Hwy 41, Templeton, CA 93465

    $818,000
    119.00 AC lot

    Fenced rural acreage includes a graded road system, buildable pad, well, and access to available electricity.

    View details
    Nipomo Commercial Land For Sale
    Nipomo Commercial Land For Sale

    549 Hill Nipomo Ca, Nipomo, CA 93444

    $380,000
    50,529 sqft 1.16 AC lot

    1.16 acre commercial land with development potential in Nipomo.

    View details
    C3 Commercial Land Parcel
    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.

    View details

    Off-Market Properties in San Luis Obispo, CA

    Consider similar Off-Market properties in San Luis Obispo, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    2121 Monterey St
    MOTEL

    2121 Monterey St, San Luis Obispo, CA 93401

    Estimated value:
    $625,000
    3,591 sqft 1.04 AC lot
    View details
    1895 Monterey St
    MOTEL

    1895 Monterey St, San Luis Obispo, CA 93401-2613

    Estimated value:
    $7,000,000
    5,192 sqft 1.35 AC lot
    View details
    950 Olive St
    MOTEL

    950 Olive St, San Luis Obispo, CA 93405-2360

    Estimated value:
    $1,280,000
    11,608 sqft 0.48 AC lot
    View details
    1433 Calle Joaquin
    MOTEL

    1433 Calle Joaquin, San Luis Obispo, CA 93405-7203

    Estimated value:
    $13,925,000
    9,041 sqft 1.84 AC lot
    View details
    210 Madonna Rd
    MOTEL

    210 Madonna Rd, San Luis Obispo, CA 93405-5409

    Estimated value:
    $995,000
    6,058 sqft 2.72 AC lot
    View details
    1605 Calle Joaquin
    MOTEL

    1605 Calle Joaquin, San Luis Obispo, CA 93405-7214

    Estimated value:
    $26,880,000
    83,000 sqft 4.90 AC lot
    View details
    1473 Monterey St
    HOTEL

    1473 Monterey St, San Luis Obispo, CA 93401-2925

    Estimated value:
    $1,395,000
    4,248 sqft 0.15 AC lot
    View details
    920 Olive St
    MOTEL

    920 Olive St, San Luis Obispo, CA 93405-2360

    Estimated value:
    $4,410,000
    1,942 sqft 1.21 AC lot
    View details
    951 Monterey St
    HOTEL/MOTEL

    951 Monterey St, San Luis Obispo, CA 93401-3204

    Estimated value:
    $12,920,000
    40,904 sqft 0.33 AC lot
    View details
    1119 Gdn St
    MOTEL

    1119 Gdn St, San Luis Obispo, CA 93401-3525

    Estimated value:
    $34,500,000
    0.20 AC lot
    View details
    1119 Gdn St
    MOTEL

    1119 Gdn St, San Luis Obispo, CA 93401-3525

    Estimated value:
    $38,190,000
    0.80 AC lot
    View details
    1119 Gdn St
    MOTEL

    1119 Gdn St, San Luis Obispo, CA 93401-3525

    Estimated value:
    $34,500,000
    0.20 AC lot
    View details
    1625 Calle Joaquin
    MOTEL

    1625 Calle Joaquin, San Luis Obispo, CA 93405-7214

    Estimated value:
    $8,110,000
    7,348 sqft 3.35 AC lot
    View details
    1212 Gdn St
    HOTEL

    1212 Gdn St, San Luis Obispo, CA 93401-3914

    Estimated value:
    $2,990,000
    6,499 sqft 0.16 AC lot
    View details
    2223 Monterey St
    MOTEL

    2223 Monterey St, San Luis Obispo, CA 93401-0627

    Estimated value:
    $2,310,000
    2,410 sqft 1.02 AC lot
    View details
    1575 Monterey St
    MOTEL

    1575 Monterey St, San Luis Obispo, CA 93401-2927

    Estimated value:
    $2,435,000
    5,958 sqft 0.15 AC lot
    View details
    2015 Monterey St
    MOTEL

    2015 Monterey St, San Luis Obispo, CA 93401-2617

    Estimated value:
    $3,825,000
    36,200 sqft 1.92 AC lot
    View details
    652 Morro St
    MOTEL

    652 Morro St, San Luis Obispo, CA 93401-2707

    Estimated value:
    $120,000
    4,549 sqft 0.50 AC lot
    View details
    1951 Monterey St
    MOTEL

    1951 Monterey St, San Luis Obispo, CA 93401-2615

    Estimated value:
    $1,515,000
    15,451 sqft 0.79 AC lot
    View details
    1301 Calle Joaquin
    MOTEL

    1301 Calle Joaquin, San Luis Obispo, CA 93405-7203

    Estimated value:
    $10,445,000
    66,348 sqft 2.83 AC lot
    View details
    404 Santa Rosa St
    MOTEL

    404 Santa Rosa St, San Luis Obispo, CA 93405-2440

    Estimated value:
    $1,365,000
    10,158 sqft 0.52 AC lot
    View details
    1001 Olive St
    MOTEL

    1001 Olive St, San Luis Obispo, CA 93405-2361

    Estimated value:
    $590,000
    4,761 sqft 0.70 AC lot
    View details
    1585 Calle Joaquin
    MOTEL

    1585 Calle Joaquin, San Luis Obispo, CA 93405-7205

    Estimated value:
    $3,580,000
    28,858 sqft 2.22 AC lot
    View details

    San Luis Obispo, CA Hospitality Properties Market Trends and Statistics

    Explore 54 hospitality properties for sale in San Luis Obispo, CA on our real estate platform.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Hotels 2
    Bed & breakfasts 1

    Demographics Overview

    Population 79K
    Population Growth (5Y) -12.3%
    Median Household Income $82,388
    College Educated 27.6%

    Taxes & Financing

    Tax Rate (average for all types) 1.14%
    Property Tax per SF $13.51 per SF
    Tax Rate vs County Average 0.01 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in San Luis Obispo County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in San Luis Obispo fall within the 10,000 to 25,000 square foot range.

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