This rare San Luis Obispo opportunity offers 4.21 acres of land strategically located along U.S. Highway 101, boasting unmatched freeway visibility and immediate access. Fully entitled for an 83-key hotel, this shovel-ready project blends rich heritage with modern development potential, as the site was once home to the iconic Motel Inn, heralded as the “World’s First Motel.” Developers are invited to capitalize on its ideal positioning between Cal Poly and downtown San Luis Obispo, a vibrant corridor frequented by students, tourists, and professionals alike. The Tourist Commercial (C-T) zoning provides significant flexibility, allowing not only hospitality development but also potential for mixed-use projects that could incorporate residential, assisted living, and compatible commercial uses. With a traffic count of 46,500 CPD, the property ensures unparalleled exposure and accessibility. The combination of historical legacy, central coastal location, and entitlement security creates a unique platform for investors or developers seeking long-term value and a prominent presence in California’s Central Coast market.