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1598 El Camino Real
Grover Beach, CA 93433 Arroyo Grande/Nipomo

Price Upon Request

Hotel For Sale  •  52,500 SF

Property Details

  • Property Type Hotel
  • Total Building Size 52,500 SF
  • Lot Size 7.29 AC
  • Building Class B
  • Year Built 2028
  • Zoning RC & OS
0 Transit Score
65 Walk Score

Highlights

Elite Coastal Location: Situated less than 2 miles from downtown Pismo Beach, the Pismo Pier, Oceano Dunes, and beach access.
Fully Entitled & Shovel-Ready: A rare ±7.29-acre site with active entitlements, environmental permits, and a Vesting Tentative Tract Map.
Dual-Hotel Strategy: Entitled for two separate hotels totaling up to 186 units for maximized operational synergy and multi-segment market capture.
High-Barrier Market: Capitalizes on the permanent scarcity of lodging supply and the notoriously difficult, multi-year approval process.
Aggressive Development Incentives: Significant financial support via negotiated key money, deferred DIFs, and TOT reimbursements.
Built-in Liquidity: Includes seven single-family residential lots that can be developed, converted or sold separately to generate early ROI.

Property Flyers

Amenities

  • Business Center
  • Controlled Access
  • Fitness Center
  • Pool
  • Spa
  • Wheelchair Accessible
  • On-Site Bar
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free
  • Fiber Optic Internet
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
6 min - 2.2 mi
AirportDriveWalkDistance
San Luis County Regional 17 min - 9.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Darshan Patel 805-619-8504 Darshan Patel
Darshan Patel 805-619-8504 Darshan Patel