1005 S Main St - Hospitality FOR SALE


Fort Bragg, CA 95437
$9,250,000 USD
805-557-8857
1005 S Main St, Fort Bragg, CA for Sale
$9,250,000 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, all with ocean or harbor views
  • Prime location on CA Highway One – 3 hours north of San Francisco
  • Absentee family owned independent hotel
  • Consistent performer with a cap rate typically over 7%
  • Existing bank lender ready to finance a new buyer

OVERVIEW

David Bowman and Johanna Cuevas are 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. With its premier location, upscale amenities, and proximity to Northern California’s top tourism markets, the North Cliff Hotel presents a compelling investment opportunity for investors looking for a prime location with consistent revenues.

FOR SALE DETAILS

PRICE

$9,250,000 USD

PRICE/SF

$242 USD /SF

# OF ROOMS

39

PRICE/ROOM

$237,179 {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

Kenneth CaroBowman Post GroupMore Info
805-557-8857

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Kenneth CaroBowman Post GroupMore Info
805-557-8857

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