Commercial center of South Monterey County town up for sale at $1.1M – Monterey Herald

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LOCKWOOD — The heart of a small South Monterey County community is for sale and looking for a new owner to pump some life into it.

“It’s in the community of Lockwood, … the commercial epicenter of the town,” said Aaron Young, listing agent for the property at 67997 Jolon Road with an asking price of $1.1 million.

Young describes it as a “unique opportunity to own the biggest commercial zoning in a small California town.” The lot is situated at the corner of Jolone and Interlake roads in Lockwood about 85 miles southeast of Monterey and about 40 miles northwest of the San Luis Obispo County city of Paso Robles.

It may not be the whole community of Lockwood for sale, but “everybody I’ve talked to wants to see it come back to what it was, … the heartbeat of the community and a resource,” said Young who is with Compass Real Estate out of San Luis Obispo.

The previous owner and her husband bought the place in 2005. They ran it together until he passed away at which time she took it over, and continued to operate the restaurant and store until she died earlier this year. Her heir is not interested in running the business and has put the property up for sale. A small boutique winery leases space to operate a tasting room on the property and is currently the only business running there.

The property has a variety of structures that provide many options for commercial uses including a fully equipped general store with coolers and freezers, as well as shelving for products. The store comes with an off-site liquor sales license.

The stage area where “Lock-Woodstock” was held on the 1.22-acre commercial heart of the south Monterey County community of Lockwood, which is for sale for $1.1 million dollars. (Aaron Young/Compass Realty)

Adjacent to the store is a fully equipped restaurant with a seating area, bar and commercial-grade kitchen. A small stage and event center is located next to the restaurant where “Lock-Woodstock” was once held and could be used for private or public events.

On the opposite side of the general store is another small retail space that was once used as the post office, which has since moved down the road, and is currently being used as a wine tasting room for Marin’s Vineyard.

Behind the main commercial structures is a small shop that could be used for automotive, storage or a variety of other uses. The property also includes a three-bedroom, two-bath house.

The community of Lockwood has a population of about 350 people and sits on 6,981 acres. The property for sale is 1.22 acres with four structures totaling 5,100 square feet. The small community consists of mostly farms, ranches and vineyards surrounded by open space and coastal mountains.

Young said the property has garnered some interest from people from Monterey County and the city of Paso Robles, but there have been no offers so far.

“Price-point-wise, it’s hard to comp something like that out here,” said Young, who added that it would mostly be based on the revenue streams the property could bring in. “The community of Lockwood would like to see it come back to its heyday when you could have a beer and a sandwich.”

Young said the interesting part of where the property is situated is the fact that there are million-dollar homes popping up in the area along with more vineyards since San Luis Obispo and Monterey counties are huge wine-producing regions in the state.

It is also a place where people passing through to nearby Mission San Antonio de Padua, and Nacimiento and San Antonio lakes, stop by interested in a place to rest and find some refreshment. Hopefully, that will be remedied soon, he said.

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