6005 Atascadero, CA 93422
This exceptional 5,000-square-foot restaurant and speakeasy opportunity is nestled within the newly constructed, four-star Marriott Carlton Hotel in the heart of Atascadero, California. Located on a 0.45-acre lot, this turnkey operation boasts a fully built-out kitchen, a sophisticated dining area with high-end finishes, and an intimate speakeasy bar featuring a period-inspired design and a Type 47 license for its on-site distillery. The property benefits from the hotel's substantial built-in customer base, leveraging Marriott's extensive marketing reach to attract a steady stream of guests for both regular dining and special events. The space is ideally positioned to capitalize on the hotel's robust event calendar, including weddings, parties, and conferences, providing additional revenue streams beyond a la carte dining. Further enhancing its appeal, the lessor is planning to expand the premises by adding outdoor patio seating. The property enjoys prime visibility and ample parking in downtown Atascadero, with convenient access to Highway 101 and proximity to other local businesses, hotels, and attractions. Importantly, room service is not a tenant responsibility. This presents a unique chance to establish a thriving culinary and nightlife destination within a vibrant and growing community. The historical charm blended with modern amenities creates an unparalleled setting for a successful restaurant venture.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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