1005 S Main St - Hospitality FOR SALE


Fort Bragg, CA 95437
$9,900,000 USD
805-557-8898
1005 S Main St, Fort Bragg, CA for Sale
$9,900,000 USD
Hospitality - FOR SALE
1/25
null | Request Cap Rate

1005 S Main St
Fort Bragg, CA 95437


HIGHLIGHTS

  • Coastal Northern California Boutique Hotel
  • 39 Suites with Ocean or Harbor Views
  • Prime location on CA Highway 1 - 3 Hours North of San Francisco
  • Absentee Family Owned Independent Hotel
  • Consistent performer with Cap Rate over 7%
  • Existing lender ready to finance new buyer

OVERVIEW

The Bowman Post Group of NewGen Advisory is pleased to offer the North Cliff Hotel, a standout 39-room boutique hotel located along California State Route 1 in Fort Bragg, CA. Just 3 hours north of San Francisco, this three-story property features all-suite accommodations with private balconies, gas fireplaces, and panoramic ocean and harbor views. Positioned in a high-barrier coastal market, the property has demonstrated strong financial performance and consistent year over year revenue.

FOR SALE DETAILS

PRICE

$9,900,000 USD

PRICE/SF

$259 USD /SF

# OF ROOMS

39

PRICE/ROOM

$253,846 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

North Cliff Hotel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

1998

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.19 AC

LAND SF

51,836 SF

ZONING

NO

APN/PARCEL ID

018-120-19-00

ASK ABOUT THIS PROPERTY

David BowmanNewGen AdvisoryMore Info
805-557-8898

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David BowmanNewGen AdvisoryMore Info
805-557-8898

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