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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

6005 Atascadero, CA 93422

5,000 SF 0.45 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Total area 5,000 SF
Lot 0.45 ac (19,602 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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