149 Cayucos Dr new Save Request In-Person Tour Request Virtual Tour
Cayucos,CA 93430
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,299 sqft
Price per Sqft $2,023
MLS Listing ID 25503671
Style Victorian
Bedrooms 6
Construction Status Updated/Remodeled
Year Built 1876
Lot Size 0.683 Acres
Acres 0.6825
Property Sub-Type Multi-Family
Property Description
A Landmark Investment Opportunity: The Historic Cass House. A turnkey opportunity to own a charming Bed & Breakfast, Artisanal Bakery, stylish Bar & Grill, and versatile Wedding & Event Venue. Own a piece of Cayucos history with this exceptional investment opportunity. This historically significant estate, encompassing two combined lots includes 222 N. Ocean Avenue, Cayucos, CA. The Iconic Cass House, established in 1875 by town founder Captain Cass, is a landmark property located in the heart of downtown Cayucos, just one block from the ocean and a short drive from Morro Bay and the Madonna Inn. This estate, approximately 30,000 sq ft (0.68 acres) is zoned for commercial, offering opportunities for hospitality or private residential purposes. This property offers a unique blend of existing improvements and diverse development potential. The property boasts four distinct structures, including the renowned Bijou Bakery. The meticulously restored 1876 main residence exudes historic grandeur in a Victorian architectural style. Each bedroom has its own ensuite bathroom, and there are various amenities such as a reception area, banquet room, formal dining room, and a commercial-grade kitchen perfect for its previous operation as The Cass House Bed & Breakfast and Wedding Venue. A picturesque wedding arbor and expansive lawn provide an idyllic setting for events. Currently used as a private residence, this grand estate awaits its next chapter as a premier destination. Complementing the main residence is a guest house, ideal for on-site management, additional guest accommodations, or a bridal suite. Further enhancing the property are a cold storage unit designed to seamlessly blend with the historic aesthetic, a dry storage area, public restrooms, on-site parking, and established vegetable and herb gardens, offering exciting farm-to-table possibilities. The fully equipped restaurant space, formerly the Cass House Bar & Grill, is primed for reopening. Featuring multiple beer and wine taps, a wood-fired oven and Argentina grill, a professional-grade bar and kitchen, and an inviting alfresco dining pavilion with retractable covers, ample seating, and elegant chandeliers, this space is perfectly suited for a thriving restaurant and wine events. The Bijou Bakery currently operates under a month-to-month lease, providing the new owner with flexibility to renegotiate terms, secure a long-term lease, or explore alternative arrangements. This highly visible property enjoys a prime location, attracting both locals and tourists. Its unique combination of historical significance, proximity to the ocean, versatile zoning, existing infrastructure, and potential for expansion makes this a truly compelling investment in a thriving coastal community. See the link above for the video illustrating the property's immense potential. Financials and pro forma details available upon request. Contact our team today for more information or to schedule a private showing.
Location
State CA
County San Luis Obispo
Area Cayucos
Zoning CR
Rooms
Other Rooms Accessory Bldgs, Other
Interior
Heating Central
Cooling Central
Flooring Hardwood, Mixed, Stone Tile
Equipment Built-Ins, Dishwasher, Dryer, Network Wire, Water Line to Refrigerator, Washer, Vented Exhaust Fan, Refrigerator, Range/Oven, Freezer, Garbage Disposal
Exterior
Parking Features Driveway - Combination
Garage Spaces 20.0
View Y/N Yes
View Coastline, Ocean, Walk Street, Landmark, Pier
Building
Lot Description Lawn, Fenced, Corners Established
Story 2
Architectural Style Victorian
Level or Stories Two
Construction Status Updated/Remodeled
Others
Special Listing Condition Standard