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Investment Highlights

  • Located within the MU-D-120 Mixed-Use Downtown zoning district near San Carlos’ downtown core.
  • On-site parking with a ratio of 2.52 spaces per 1,000 SF.
  • Convenient access to U.S. Highway 101, Interstate 280, and Caltrain service.
  • Two-story hotel with 10 guest rooms and interior corridor access.
  • High-speed internet and public Wi-Fi available for guests.
  • Positioned in a walkable area with nearby retail, dining, and business amenities.

Executive Summary

The San Carlos Inn at 1140 Morse Blvd offers a rare investment opportunity in the heart of San Carlos, California. This two-story, 10-room hotel is situated on a 0.11-acre lot within the MU-D-120 Mixed-Use Downtown zoning district, designed to support a pedestrian-friendly environment near the city’s vibrant downtown core. The property spans approximately 3,171 square feet and features interior corridor access, on-site parking, and connectivity amenities such as high-speed internet and public Wi-Fi.
Positioned in a highly accessible location, the property benefits from proximity to major transportation routes, including U.S. Highway 101 and Interstate 280, as well as the San Carlos Caltrain station, providing convenient regional connectivity. The surrounding area offers a mix of retail, dining, and business services, enhancing guest appeal and supporting strong occupancy potential.

Property Facts

Price $3,762,000 CAD
Price Per Room $376,200 CAD
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 0.11 AC
Building Size 3,171 SF
No. Rooms 10
No. Stories 2
Year Built 1960
Tenancy Single
Parking Ratio 2.52/1,000 SF
Corridor Interior
Zoning MU-D-120 - Mixed-Use Downtown. This district is intended to maintain the pedestrian-oriented environment around the downtown core.

Amenities

  • High Speed Internet Access
  • Public Access Wifi

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 10 $177.84 CAD -
Moderately walkable
60/100
Very drivable
80/100
Some public transit
50/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
051-358-230
Land Assessment
$666,069 CAD
Improvements Assessment
$586,595 CAD
Total Assessment
$1,252,664 CAD
  • Listing ID: 39878810

  • Date on Market: 2026-03-23

  • Last Updated:

  • Address: 1140 Morse Blvd, San Carlos, CA 94070

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