47540 Highway 1 - Restaurant FOR SALE


Big Sur, CA 93920
$8,950,000 USD
831-238-3592
47540 Highway 1, Big Sur, CA for Sale
$8,950,000 USD
Restaurant - FOR SALE
1/26
null | Request Cap Rate

47540 Highway 1
Big Sur, CA 93920


HIGHLIGHTS

  • Iconic Big Sur Commercial Property
  • Former Site of the Big Sur Bakery
  • Shell Gas Station and Wedding Venue Businesses Included

OVERVIEW

Mahoney and Associates is pleased to present to the market the iconic Loma Vista Inn & Gardens, located at 47540 Highway One in Big Sur, California. For decades, the Big Sur Bakery resided on the property, but that building was burned down in 2024. That structure was removed and a gravel pad remains today. In addition to its redevelopment potential, Loma Vista is being offered with existing, income-producing businesses, including a well-established wedding venue, the historic Shell gas station, and five retail spaces, three of which will be delivered vacant, providing immediate leasing and repositioning upside. This is a rare chance to steward a legacy property while shaping the next chapter of Big Sur hospitality. Opportunities of this scale and pedigree are nonexistent in Big Sur. Loma Vista is one of only approximately 14 commercially zoned properties along this stretch of Highway One, which attracts more than 7 million visitors annually. Its continuous commercial use and established footprint position it uniquely within a regulatory environment where new development is exceptionally constrained. Preliminary engagement with County and Coastal Commission staff indicates support for visitor-serving redevelopment, subject to formal approvals, making this one of the only viable pathways to new hospitality in the region.

FOR SALE DETAILS

PRICE

$8,950,000 USD

PRICE/SF

$2,983 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Legendary Big Sur Bakery Property

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Restaurant, Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1948

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.17 AC

LAND SF

181,561 SF

ZONING

CGC-D(CZ)

APN/PARCEL ID

419-311-020-000

ASK ABOUT THIS PROPERTY

Patrick StaffordMahoney & AssociatesMore Info
831-238-3592

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Patrick StaffordMahoney & AssociatesMore Info
831-238-3592

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.