The 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 Carlton Hotel was remodeled 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 event or meeting space, a fitness room, and a business center. 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 with two historic walls remaining. 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 second 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, which puts you in the heart of wine country. There are also many restaurants, shopping and local activities close by. 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.