15432 Washington Rd - Storefront Retail/Residential FOR SALE


Washington, CA 95986
$995,000 USD
530-470-6090
15432 Washington Rd, Washington, CA for Sale
$995,000 USD
Storefront Retail/Residential - FOR SALE
1/69
null | 11.5% Cap Rate

15432 Washington Rd
Washington, CA 95986


HIGHLIGHTS

  • Type 47 liquor license conveys with the sale at no additional cost; estimated standalone market value of approximately $175,000.
  • 2025 actuals: $595,036 gross revenue and $114,648 adjusted NOI, an 11.5% cap rate at the $995,000 asking price.
  • Hotel occupancy currently operating at approximately 10% against 60%+ averages at comparable Nevada City and Grass Valley properties.
  • Direct South Yuba River frontage with a 2,172 SF, 2BD/1BA owner’s apartment occupying the full third floor.

OVERVIEW

Tucker Commercial is pleased to present the Washington Hotel, a Gold Rush–era riverfront hospitality property in the town of Washington, California. Constructed in 1865 and last renovated in 2017, the property is the commercial anchor of its community and the town’s sole gathering place. The offering comprises 8,602 square feet across three levels on a 0.51-acre parcel, including 14 guest rooms, a full-service restaurant and bar with commercial kitchen, a riverfront beer garden, and a 2,172 square foot two-bedroom, one-bath owner’s apartment on the third floor. The property fronts the South Yuba River with direct access to a regionally known swimming hole. The 2025 operating year produced $595,036 in gross revenue, with food and beverage accounting for approximately 82% of sales. A Type 47 liquor license is included in the sale at no additional cost and carries an estimated standalone value of approximately $175,000. Adjusted NOI is $114,648, an 11.5% capitalization rate on the $995,000 asking price. Apartment rent of approximately $1,800 per month is not included in that figure, as the unit is owner-occupied. Hotel occupancy is operating at approximately 10%, against 60%-plus averages at comparable properties in Nevada City and Grass Valley. The two premium rooms with private bathrooms book consistently; the balance are hostel-style rooms serving outdoor-focused visitors. An operator with OTA distribution and targeted marketing has a clear path to increased occupancy and RevPAR. The owner’s apartment is available for owner-operator use or can be converted to rental income. Washington, CA sits along the South Yuba River in the Sierra Nevada foothills, approximately 45 minutes northeast of Nevada City and Grass Valley and one hour from Truckee. The market draws outdoor recreation traffic year-round, including OHV riders, fly fishermen, and river visitors. The property has no direct competition in its trade area. The offering qualifies for SBA 7(a) and 504 financing. Financial statements and additional due diligence materials are available upon execution of a confidentiality agreement.

FOR SALE DETAILS

PRICE

$995,000 USD

PRICE/SF

$121 USD /SF

CAP RATE

11.5%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Washington Hotel

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1865

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

22,216 SF

ZONING

C-1

APN/PARCEL ID

064-060-053-000

ASK ABOUT THIS PROPERTY

Tyson TuckerTucker CommercialMore Info
530-470-6090

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

Tyson TuckerTucker CommercialMore Info
530-470-6090

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