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Home > Documents > LAND FOR SALE 1+ ACRE - POTENTIAL HOTEL SITE€¦ · Total households 1,470 6,427 10,644 Total...

LAND FOR SALE 1+ ACRE - POTENTIAL HOTEL SITE€¦ · Total households 1,470 6,427 10,644 Total...

Date post: 08-Feb-2021
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All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof and same is submitted to errors, omissions, change of price, rental or other conditions prior to sale, lease or financing or withdrawal without notice. No liability of any kind is to be imposed on the broker herein. Steve Relth [email protected] D 805.782.9000 x1210 CalDRE #00674642 1230 Higuera Street San Luis Obispo, CA 93401 805.782.9000 lee-associates.com/centralcoast/ SALE PRICE: $295,000 SIZE: 1.16 Ac. APN: 092-579-004 ZONING: Commercial Retail Price has been reduced for a quick sale! Seller must sell prior to the end of the year. 1.16 acres of commercial-retail, previously approved for hotel projects. Most recently approved for 71 room extended-stay hotel with a Hilton flag. Approvals have expired. Excellent opportunity to revive this project. Property is being sold as is. Many plans for neighboring properties, including commercial and residential for-sale and for-rent. Close proximity to 101 and Tefft.. PROPERTY OVERVIEW PROPERTY HIGHLIGHTS • Lender owned • Previously approved for hotel project • Located near freeway 1+ ACRE - POTENTIAL HOTEL SITE 549 Hill St., Nipomo, CA 93444 LAND FOR SALE
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  • All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof and same is submitted toerrors, omissions, change of price, rental or other conditions prior to sale, lease or financing or withdrawal without notice.No liability of any kind is to be imposed on the broker herein.

    Steve [email protected] 805.782.9000 x1210CalDRE #00674642

    1230 Higuera Street San Luis Obispo, CA 93401 805.782.9000 lee-associates.com/centralcoast/

    SALE PRICE: $295,000

    SIZE: 1.16 Ac.

    APN: 092-579-004

    ZONING: Commercial Retail

    Price has been reduced for a quick sale! Seller must sell prior to theend of the year. 1.16 acres of commercial-retail, previously approvedfor hotel projects. Most recently approved for 71 room extended-stayhotel with a Hilton flag. Approvals have expired. Excellent opportunityto revive this project.

    Property is being sold as is. Many plans for neighboring properties,including commercial and residential for-sale and for-rent. Closeproximity to 101 and Tefft..

    PROPERTY OVERVIEW

    PROPERTY HIGHLIGHTS

    • Lender owned

    • Previously approved for hotel project

    • Located near freeway

    1+ ACRE - POTENTIAL HOTEL SITE549 Hill St., Nipomo, CA 93444

    LAND FOR SALE

    https://www.linkedin.com/in/steve-relth-9a3137b/

  • All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof and same is submitted toerrors, omissions, change of price, rental or other conditions prior to sale, lease or financing or withdrawal without notice.No liability of any kind is to be imposed on the broker herein.

    Steve [email protected] 805.782.9000 x1210CalDRE #00674642

    1230 Higuera Street San Luis Obispo, CA 93401 805.782.9000 lee-associates.com/centralcoast/

    ADDITIONAL INFO:

    • Previous Approvals for an Extended stay hotel;71-83 rooms with pool; approvals have expired

    • Seller needs to close by end of year

    • Mixed use project approved to the east andnew residential being built to the west

    • Nipomo Community Services District hasremoved water restrictions and are movingforward on supplemental supply from the SantaMaria River basin.

    1 MILE 3 MILES 5 MILES

    Total population 4,406 18,770 32,569

    Median age 36.6 38.6 36.6

    Median age (male) 35.4 37.4 35.6

    Median age (female) 37.6 39.4 37.4

    1 MILE 3 MILES 5 MILES

    Total households 1,470 6,427 10,644

    Total persons per HH 3.0 2.9 3.1

    Average HH income $74,525 $76,274 $76,098

    Average house value $480,181 $509,827 $479,517

    DEMOGRAPHICS

    1+ ACRE - POTENTIAL HOTEL SITE549 Hill St., Nipomo, CA 93444

    LAND FOR SALE

    https://www.linkedin.com/in/steve-relth-9a3137b/

  • All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof and same is submitted toerrors, omissions, change of price, rental or other conditions prior to sale, lease or financing or withdrawal without notice.No liability of any kind is to be imposed on the broker herein.

    Steve [email protected] 805.782.9000 x1210CalDRE #00674642

    1230 Higuera Street San Luis Obispo, CA 93401 805.782.9000 lee-associates.com/centralcoast/

    1+ ACRE - POTENTIAL HOTEL SITE549 Hill St., Nipomo, CA 93444

    LAND FOR SALE

    https://www.linkedin.com/in/steve-relth-9a3137b/

  • All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof and same is submitted toerrors, omissions, change of price, rental or other conditions prior to sale, lease or financing or withdrawal without notice.No liability of any kind is to be imposed on the broker herein.

    Steve [email protected] 805.782.9000 x1210CalDRE #00674642

    1230 Higuera Street San Luis Obispo, CA 93401 805.782.9000 lee-associates.com/centralcoast/

    1+ ACRE - POTENTIAL HOTEL SITE549 Hill St., Nipomo, CA 93444

    LAND FOR SALE

    https://www.linkedin.com/in/steve-relth-9a3137b/

  • All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof and same is submitted toerrors, omissions, change of price, rental or other conditions prior to sale, lease or financing or withdrawal without notice.No liability of any kind is to be imposed on the broker herein.

    Steve [email protected] 805.782.9000 x1210CalDRE #00674642

    1230 Higuera Street San Luis Obispo, CA 93401 805.782.9000 lee-associates.com/centralcoast/

    1+ ACRE - POTENTIAL HOTEL SITE549 Hill St., Nipomo, CA 93444

    LAND FOR SALE

    https://www.linkedin.com/in/steve-relth-9a3137b/

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