This site offers potential for an up to a 60-65 room hotel development plus the possibility of separate retail pads and other approved uses such as office, retail, nightclubs, and bars. Prime visibility and accessibility is available from Hwy 101 with approx. 300 feet of frontage on Main Street and 445 feet of frontage along Hwy 101! Seller is motivated. Would consider exchange or trade. This site is located in the center of the wine tasting area of the Central Coast, which includes Paso Robles, Templeton, and is within close distance to the newly developed and popular Tin City, premium west Templeton wineries such as Peachy Canyon Winery, Castro Cellars, Wild Horse Winery and more. Templeton offers a small town country vibe with ranches and homes and a trendy downtown area. Templeton could serve as a destination for wine travelers coming to visit San Luis Obispo county. Nine miles north is large Paso Robles with its wine culture and downtown area as well. San Luis Obispo is 20 miles south of the location. The property is under the jurisdiction of the county of San Luis Obispo Planning and Zoning. A portion of the property is in Flood Zone A.