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San Luis Obispo County, CA Hotels for Sale

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Approved Mixed-Use Retail Hotel Development
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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Construction-Ready Hotel Site
Updated: Jul 9
Construction-Ready Hotel Site

2223 Monterey Street, San Luis Obispo, CA 93401

Contact for pricing
2,410 sqft 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”
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78-Key Branded Hotel
78-Key Branded Hotel

775 North Oak Park Boulevard, Grover Beach, CA 93433

Contact for pricing
43,040 sqft

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

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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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Local Demand available after sign in
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.

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Remodeled Creekside Inn Hotel
Remodeled Creekside Inn Hotel

2618 Main St, Cambria, CA 93428

Contact for pricing
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
Bay View Inn, Morro Bay

225 Harbor St, Morro Bay, CA 93442

Contact for pricing

23-room coastal property near harbor and Embarcadero.

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

1050 Morro Ave, Morro Bay, CA 93442

Contact for pricing

Boutique hotel with ocean views and expansion potential.

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Based on your search, we've compiled 41 Potential Opportunities for your consideration. Besides 7 Active listings in San Luis Obispo County, CA, we suggest exploring several alternatives: similar 30 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
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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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.

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C3 Commercial Land Parcel
C3 Commercial Land Parcel

Wisteria Lane, Paso Robles, CA 93446

$2,900,000
4.72 AC lot

C3 zoning with completed on-site and off-site improvements, including fiber optic service.

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Commercial Land with Highway Access
Commercial Land with Highway Access

Wisteria Lane, Paso Robles, CA 93446

$1,400,000
2.16 AC lot

C3-zoned commercial land with completed site improvements, fiber optic availability, and public water service.

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Off-Market Properties in San Luis Obispo County, CA

Consider similar Off-Market properties in San Luis Obispo County, 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.

130 Dana St
HOTEL

130 Dana St, Nipomo, CA 93444-5103

$270,000
Estimated value
0.33 AC lot
View details
213 Dunes St
HOTEL

213 Dunes St, Morro Bay, CA 93442-2158

$1,340,000
Estimated value
3,494 sqft 0.12 AC lot
View details
1473 Monterey St
HOTEL

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

$1,395,000
Estimated value
4,248 sqft 0.15 AC lot
View details
4049 Burton Dr
HOTEL

4049 Burton Dr, Cambria, CA 93428

$255,000
Estimated value
0.11 AC lot
View details
2476 Main St
HOTEL

2476 Main St, Cambria, CA 93428-3406

$2,430,000
Estimated value
3,857 sqft 0.53 AC lot
View details
951 Monterey St
HOTEL/MOTEL

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

$12,920,000
Estimated value
40,904 sqft 0.33 AC lot
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2885 Willow Crk Rd
HOTEL

2885 Willow Crk Rd, Paso Robles, CA 93446-9696

Value Estimation by Request
5,671 sqft 72.47 AC lot
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1212 Gdn St
HOTEL

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

$2,990,000
Estimated value
6,499 sqft 0.16 AC lot
View details
6650 Portola Rd
HOTEL

6650 Portola Rd, Atascadero, CA 93422-3626

$315,000
Estimated value
1,986 sqft 5.00 AC lot
View details
6820 Moonstone Bch Dr
HOTEL

6820 Moonstone Bch Dr, Cambria, CA 93428-1816

$2,425,000
Estimated value
3,981 sqft 0.48 AC lot
View details
2555 Macleod Way
HOTEL

2555 Macleod Way, Cambria, CA 93428-4302

$1,725,000
Estimated value
6,600 sqft 0.31 AC lot
View details
2990 Burton Dr
HOTEL

2990 Burton Dr, Cambria, CA 93428-4002

$1,570,000
Estimated value
2,452 sqft 0.14 AC lot
View details
2990 Burton Dr
HOTEL

2990 Burton Dr, Cambria, CA 93428-4002

$1,570,000
Estimated value
1,892 sqft 0.12 AC lot
View details
150 Avocado Ave
HOTEL

150 Avocado Ave, Nipomo, CA 93444

$295,000
Estimated value
3,110 sqft 0.37 AC lot
View details
6736 Moonstone Bch Dr
HOTEL

6736 Moonstone Bch Dr, Cambria, CA 93428-1814

$555,000
Estimated value
4,700 sqft 0.48 AC lot
View details
181 Ocean Ave
HOTEL

181 Ocean Ave, Cayucos, CA 93430-1603

$1,290,000
Estimated value
9,230 sqft 0.21 AC lot
View details
1716 Osos St
HOTEL

1716 Osos St, San Luis Obispo, CA 93401-4446

$415,000
Estimated value
3,510 sqft 0.24 AC lot
View details

San Luis Obispo County, CA Hotels Market Trends and Statistics

Explore 37 hotels for sale in San Luis Obispo County, CA, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 72,582 square feet of properties for sale, with an estimated market value of $4,500,000.

Sale prices for resorts in San Luis Obispo County, CA average $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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