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Wedding Venue with Retail Space
For Sale
$6,450,000

47540 Highway 1, Big Sur, CA 93920

Established commercial property includes an operating wedding venue, gas station, and multiple retail suites along Highway 1.

Property SizeContact for details
Days on Market47

Property Features for 47540 Highway 1

General Information

Standard status Active
Property subtype Commercial

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Business Included Yes

Building Details

Year Built 1948
Listing Agency: Baird Partnership, Inc.
Listed By: Patrick Stafford · License #01857243
Source: Elliman
Added: Jul 21 Changed: Aug 29 Last Checked: Sep 4 at 2:17PM

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 Baird Partnership, Inc.

Investment Insights

Based on property information with market context.

Loma Vista Gardens is a multi-use commercial property at 47540 Highway 1 in Big Sur, California, with an established wedding venue, the historic Shell gas station, and five retail spaces. Three of the retail spaces are slated for delivery vacant, while the property is also offered with existing income-producing businesses. The site was established in 1908, and the building dates to 1948.

The property occupies a commercially zoned position along the California coast, where the source identifies approximately 14 commercially zoned properties on this stretch of Highway One. Highway 1 draws more than 7 million visitors annually. Loma Vista directly neighbors Ventana Big Sur, an Alila Resort, and Post Ranch Inn. The property has a Walk Score of 30 and a Bike Score of 15.

Key Highlights

  • Established wedding venue included with the property
  • Historic Shell gas station is an existing operating business
  • Five retail spaces, including three delivered vacant

Property Analytics

Current Use

Wedding venues

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store Cafe & Coffee Shop Florist Real Estate Agency Wine and Liquor Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

45
Businesses Nearby

Demographics for 93920, CA

1,140
Population
706
Households
1.6
Avg Household Size
45
Median Age
37%
College-Educated
85%
High-School Grad
158.5 sq mi
ZIP Area
7
Density / Sq Mi
$72,540
Median Household Income
$36,211
Median Earnings
$1,085
Median Rent
$1,803,800
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Wedding venue - Established commercial property includes an operating wedding venue, gas station, and multiple retail suites along Highway 1.
Where is this wedding venue located?
The property is located at 47540 Highway 1 Big Sur, CA.
What is the asking price?
The asking price for this property is $6,450,000.
What are key features of this property?
This property features: Established wedding venue included with the property; Historic Shell gas station is an existing operating business; Five retail spaces, including three delivered vacant
More about this property
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