The historic Carlton Hotel is a 52-room boutique hotel located on the east corner of El Camino Real and Traffic Way, in the charming city of Atascadero, California and is exclusively offered for sale to a distinctive buyer. The property consists of one, interior-corridor, three-story building of concrete and masonry construction. The hotel originally opened in 1929 as a full-service, luxury hotel. The current owners purchased the hotel in 1999 and began a major renovation/restoration, fundamentally tearing down and rebuilding the property. The Carlton Hotel re-opened in 2004 with essentially new construction, with good quality furnishings that reflect an old-world historical style. The 52 rooms are elegant and spacious with luxurious accents, uniquely decorated with modern conveniences. The hotel's amenities include approximately 2,500 square feet of meeting space, a fitness room, and a business center. The improvements also include a 4,200 square foot retail space leased to Back Porch Bakery and approximately 7,500 square feet of restaurant/lounge space and a Tuscany style courtyard on the third floor. Recently, the Nautical Cowboy was in the restaurant portion of the building and the possibilities are endless of what could be the next venture for this spacious area of the hotel; an established winery with wine tasting, an upscale beer or champagne bar, or even a pizza parlor . . . so many options for this great space. This unique offering is established in a growing and now updated area of downtown Atascadero with many prospects of growth and opportunity. Conveniently located to all Atascadero has to offer and there are over 300 wineries and breweries to choose from close by, which puts you in the heart of wine country. This historic boutique hotel is ideally situated for exploring the famed wine regions of Edna Valley and Paso Robles and the rich coastal communities of Pismo Beach, Cambria, Morro Bay and Cayucos in Central California. This magnificent property is placed midway between San Francisco and Los Angeles. Location, location, location!!! Wonderful opportunity to own a piece of property on the desired Central Coast.
This commercial property located at 6005 El Camino Real, Atascadero, CA 93422 is currently listed for sale with an asking price of $12,250,000. Search Atascadero real estate on www.farrellsmyth.com today.
Agency Name: RE/MAX Parkside Real Estate
Agent Name: Shawna Weyrich
Agency Phone: 805-239-3310
Agency Title: Farrell Smyth, Inc.