Price Reduction
Address
407 El Camino Real Arroyo Grande, CA
Price
$ 1,850,000
Property Attributes
  • MLS#PI20014215
  • TypeCommercial
  • CountySAN LUIS OBISPO
  • CityArroyo Grande
  • AreaArroyo Grande
  • Zip93420
  • StyleHotel/Motel
  • Price$ 1,850,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage6000
Listing Provided Courtesy Of:
David Glass with Auer Real Estate Inc..
Property Description

Welcome to the Abella Garden Inn! Sitting just outside the Village of Arroyo Grande is this large residential/commercial mixed-use property configured with 10 bedrooms, 8-1/2 baths, a large dining room with fireplace, a full kitchen, and a large family room with french doors opening to lush landscaped gardens. The bedrooms are large and include unique architectural and interior design features. The property itself consists of two parcels totaling nearly 1/3 of an acre. The paver-stone parking lot can accommodate up to 10 vehicles. The grounds are fully fenced and private, with lawns and mature fruit trees, a gazebo, and a 50-foot stream with waterfalls and koi ponds.   The property was used as a bed and breakfast for 23 of the last 29 years and still maintains a 3.6 diamond rating for it’s suites from the Automobile Club of Southern California. This property is well suited for use as a personal residence, Boutique Hotel, Air B&B / VRBO, Restaurant and Events Location. Other possible uses include office space, residential studios, senior care facility, cafe/beer/wine location, and more. Bring your imagination, or adopt the previous owners' creation as your own! The furnishings are negotiable too!

Price History
1/21/2020 Listed $1,900,000
10/29/2020 2% - $1,875,000
1/8/2021 2% - $1,850,000

General Features

Business Type Bed & Breakfast, Hotel/Motel, Restaurant
Current Financing None
Directions From the US-101 exit Grand Ave and head West. Turn R on Oak St, property 2 blocks on the right.
Heating Forced Air
Listagentaor Pismo Coast
Listing Agent David Glass - BRE#01889332
Listing Agent State License 01889332
MLS Area ARRG - Arroyo Grande
Price Per Square Foot 308.33
Property SubType Hotel/Motel
Property Type Commercial Sale
Source System CRMLS
Special Listing Conditions Standard
Waterfront Features Stream

Interior Features

Air Conditioning Y/N Yes
Condo Area Unit Type Square Feet
Heating Y/N Yes
Laundry Features Individual Room

Exterior Features

Building Area Total 6000.00
Lot Size Source Owner
Total Parking 10.00
Uncovered Spaces 10.00
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 93420

Price
AVG $1.8M
$1.85M
Visits
AVG 41
31
Year Built
AVG 1979
1986
Walkscore
AVG 62
63
Data Provided by Walkscore ® not using MLS data

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