131 Metropole Ave - Hospitality FOR SALE
Avalon, CA 90704 |
131 Metropole Ave
Avalon, CA 90704
HIGHLIGHTS
- The largest mixed use fee simple commercially zoned hospitality & multifamily property in Avalon not owned by the Island Company/ Wrigley
- Property consists of 1/2 a block centrally located in the heart of Avalon few min walk to the beach, downtown & all the island attractions
- Currently producing positive cash flow with both the hotel & apartments operations
- Potential added value to build/add new multifamily apartments or new condos on site to meet the high housing demand in central Avalon
FOR SALE DETAILS
PRICE
-
# OF ROOMS
-
CAP RATE
-
BUILDING DETAILS
PROPERTY NAME
Hermosa Hotel
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
19842
STORIES
3
ROOM ENTRANCE
Interior
BUILDING CLASS
B
YEAR BUILT
1896
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
AVC1*
APN/PARCEL ID
7480-018-009
