Construction-Ready Hotel
2223 Monterey Street San Luis Obispo, CA 93401
2223 Monterey Street, San Luis Obispo, CA, 93401
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For Sale
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Fully entitled for an 83-key hotel on a freeway-adjacent site along US Highway 101 with immediate access.
Property Size2,410 SF
Lot Size4.21 Acres
Days on Market15
Property Features for 2223 Monterey Street
General Information
- Standard status
- Active
- Size
- 2,410 SF
- Lot size
- 4.21 Acres
- Property subtype
- Hospitality, Land
Building Details
- Year Built
- 1925
Listing agency
Hayes Commercial Group
(805) 898-4383
Listed by
Francois DeJohn · License #CA01144570
Source
Crexi
Added: Jul 9 Updated: Jul 22 at 9:17PM Checked: Jul 22 at 9:17PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hayes Commercial Group
Investment Insights
Based on property information with market context.
Construction-ready hotel development site at 2223 Monterey Street in San Luis Obispo, CA. The property is fully entitled for an 83-key hotel, representing a hospitality redevelopment opportunity at a former Motel Inn location.
Situated along US Highway 101, the site offers freeway visibility and immediate highway access. It is described as a central location between Cal Poly and downtown SLO.
The property also allows an alternative re-entitlement path for a mixed-use project, including allowed residential types such as multi-family and assisted living, along with a variety of commercial uses.
Situated along US Highway 101, the site offers freeway visibility and immediate highway access. It is described as a central location between Cal Poly and downtown SLO.
The property also allows an alternative re-entitlement path for a mixed-use project, including allowed residential types such as multi-family and assisted living, along with a variety of commercial uses.
Key Highlights
- 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
Property Analytics
Location Intelligence
Current Use by Public Records
Motel Inn - World's ...
Tour Operator
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FAQs
What type of property is this?
Hotel - Fully entitled for an 83-key hotel on a freeway-adjacent site along US Highway 101 with immediate access.
Where is this hotel located?
The property is located at 2223 Monterey Street San Luis Obispo, CA.
What are key features of this property?
This property features: 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
