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Bayfront Inn 1150-1154 Front St 16 Room Bed and Breakfast Morro Bay, CA 93442 $4,750,000 ($296,875/Room)
Executive Summary
EVERLYGROVE HOTEL BROKERS is pleased to present the opportunity to acquire the charming Bayfront Inn in Morro Bay, CA. This 16-key, 7,420-square-foot coastal asset is situated on a 0.14-acre lot in San Luis Obispo County, just steps from the Embarcadero. Originally built in 1963, the property is in good condition and offers a nostalgic beach-town experience. An on-site restaurant, currently leased to a third-party operator, provides additional rental income and enhances the guest experience. This location makes the property especially attractive to investors or owner-operators looking to tap into the vibrant tourism economy of one of California’s most beloved seaside communities.
Property Facts
| Price | $4,750,000 | Lot Size | 0.14 AC |
| Price Per Room | $296,875 | Building Size | 5,564 SF |
| Sale Type | Investment | No. Rooms | 16 |
| Sale Condition | Build to Suit | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1963/2003 |
| Property Subtype | Bed and Breakfast | Parking Ratio | 1.8/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Zoning | C1 - Commercial | ||
| Price | $4,750,000 |
| Price Per Room | $296,875 |
| Sale Type | Investment |
| Sale Condition | Build to Suit |
| Property Type | Hospitality |
| Property Subtype | Bed and Breakfast |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 5,564 SF |
| No. Rooms | 16 |
| No. Stories | 2 |
| Year Built/Renovated | 1963/2003 |
| Parking Ratio | 1.8/1,000 SF |
| Corridor | Exterior |
| Zoning | C1 - Commercial |
Amenities
- Restaurant
- High Speed Internet Access
- Patio
- Bed & Breakfast
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 16 | $224.00 | - |
1 1
Walk Score®
Very Walkable (74)
Property Taxes
| Parcel Number | 066-034-010 | Improvements Assessment | $2,557,899 |
| Land Assessment | $1,061,208 | Total Assessment | $3,619,107 |
Property Taxes
Parcel Number
066-034-010
Land Assessment
$1,061,208
Improvements Assessment
$2,557,899
Total Assessment
$3,619,107
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Bayfront Inn | 1150-1154 Front St
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