109 Bath St - Hospitality FOR SALE


Santa Barbara, CA 93101- West Beach
$24,500,000 USD
805-705-1149
109 Bath St, Santa Barbara, CA for Sale
$24,500,000 USD
Hospitality - FOR SALE
1/5
null | Request Cap Rate

109 Bath St
Santa Barbara, CA 93101
West Beach


HIGHLIGHTS

  • New interior/exterior paint throughout; removed all wallpaper & drywall.
  • New kitchenettes & flooring throughout.
  • New televisions, wifi, website, & phone systems.
  • Swimming pool & jacuzzi upgrades.

OVERVIEW

The Franciscan Inn & Suites is a well-established boutique hotel, nestled in Santa Barbara’s famed West Beach. Just over a block from the sand and surrounded by lush palm trees, the location is walkable to both West and East beaches, Santa Barbara Harbor, Stearns Wharf, State Street, and the bustling Funk Zone. Boasting 53 rooms, this asset is incredibly rare and primed for generational or investor ownership. This California mission style property has been well kept by a multigenerational family, and with further investment in guest experience, higher occupancy and ADR are achievable. Do not disturb hotel operation, call Listing Agents for details.

FOR SALE DETAILS

PRICE

$24,500,000 USD

PRICE/SF

$1,147 USD /SF

# OF ROOMS

53

PRICE/ROOM

$462,264 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Franciscan Inn & Suites

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

1976

PARKING SPACES

51

LAND DETAILS

LAND ACRES

1.16 AC

LAND SF

50,486 SF

ZONING

R-4/S-D-3

APN/PARCEL ID

033-061-004,033-061-005,033-061-006

ASK ABOUT THIS PROPERTY

Austin HerlihyRadius Commercial Real Estate & InvestmentsMore Info
805-705-1149

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Austin HerlihyRadius Commercial Real Estate & InvestmentsMore Info
805-705-1149

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