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$2,199,000
Est. payment /mo
0.96 Acres Lot
UPDATED:
01/04/2025 01:32 AM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID SC25001828
HOA Y/N No
Lot Size 0.961 Acres
Property Description
Bridge Walk at Colony Square presents a unique opportunity to purchase a fully entitled hospitality project in California's desirable Central Coast region. Plans include for an 88-key hotel and 5 commercial retail spaces, including one pre-designated for a restaurant. Strategically located in a high-visibility, high-demand area, the project is well-positioned to deliver significant growth, ideal for investors looking to capitalize on Atascadero's burgeoning tourism, lifestyle, and economic appeal.
Easy access to Highway 101 and major regional attractions. Minutes from Downtown Paso Robles, Templeton, and wine country destinations. Positioned in a bustling mixed-use area with existing hotels, restaurants, and retail businesses.
Easy access to Highway 101 and major regional attractions. Minutes from Downtown Paso Robles, Templeton, and wine country destinations. Positioned in a bustling mixed-use area with existing hotels, restaurants, and retail businesses.
Location
State CA
County San Luis Obispo
Area Atsc - Atascadero
Zoning DC
Interior
Fireplace No
Exterior
Community Features Curbs, Storm Drain(s), Street Lights, Suburban, Sidewalks
Utilities Available Electricity Available, Sewer Available, Water Available
View Y/N Yes
View Park/Greenbelt
Present Use Unimproved
Building
Lot Description Level, Over 40 Units/Acre
Water Public
New Construction No
Others
Senior Community No
Tax ID 029361041
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Special Listing Condition Standard
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Listed by Eric Gignoux • Western Hotel Brokers, Inc • 805 452-2880