Nearly 100-year-old hotel is on the market with a listing price of over $12 million
by Blake Frino of Atascadero News
Atascadero — The historic Carlton Hotel on Traffic Way in downtown Atascadero is for sale. The 52-room, three-story boutique hotel is listed for $12.25 million.
Perfectly established between Los Angeles and San Francisco, it opened its doors in 1929 to offer a complete and luxurious stay to its customers. Radio and TV personalities frequented the hotel, including Bette Davis, Jack Benny and Fred MacMurray.
However, the hotel eventually became a senior housing complex and then sat vacant until the current owners purchased the hotel in 1999. The owners then began a major renovation and restoration, to which it has reopened in 2005. , reflecting its history with modern conveniences. The clock tower which was installed in 1952 remains a landmark of the city to this day.
The nearly 100-year-old hotel recently housed the Nautical Cowboy Restaurant and Back Porch Bakery, with a Tuscan-style courtyard on the third floor.
According to LoopNet, the three-story building includes approximately 2,500 square feet of meeting space, a fitness room, and a business center.
The retail space offers many options when it comes to future tenants, all of which could coincide with what is relevant to the region – a wine tasting room from a local vineyard, a pizzeria or a bar and a living room.
The Carlton Hotel is located near wineries, breweries, and retail, not to mention the Sunken Gardens, which are within walking distance and allow foreigners to come and stay while enjoying what downtown has to offer. to offer. .