18725 N Highway 1 - Hospitality FOR SALE


Fort Bragg, CA 95437
$1,549,000 USD
707-206-2109
18725 N Highway 1, Fort Bragg, CA for Sale
$1,549,000 USD
Hospitality - FOR SALE
1/39
null | 9.08% Cap Rate

18725 N Highway 1
Fort Bragg, CA 95437


OVERVIEW

Exceptional Mendocino Coast Hospitality Investment: Discover Shoreline Cottages, an inviting motel property in the desirable seaside community of Fort Bragg. Set on over 1.7 acres along scenic Highway 1, this property features 11 guest rooms, including seven stand-alone cottages with kitchenettes and covered parking. A three-bedroom owner/manager residence adjoining the motel office offers attractive live-work flexibility. Guests enjoy amenities that include a hot tub, picnic areas, a fire pit, barbecue area, and ample off-street parking. Across Highway 1 is Fort Bragg Beach. Less than half a mile from the Mendocino Coast Botanical Gardens and about one mile from Noyo Harbor, this property is close to fresh seafood, multiple beaches, miles of coastal trails, Glass Beach, Jug Handle State Natural Reserve and MacKerricher State Park. Downtown Fort Bragg is 2 miles away and offers dining, galleries, shopping, North Coast Brewing, the Skunk Train and more. Founded in 1857 and recognized as a California Historical Landmark, Fort Bragg continues to attract visitors with its Pacific Ocean views, natural beauty, and memorable coastal attractions.

FOR SALE DETAILS

PRICE

$1,549,000 USD

PRICE/SF

$234 USD /SF

# OF ROOMS

11

PRICE/ROOM

$140,818 {currency}

CAP RATE

9.08%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Shoreline Cottages

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1966

PARKING SPACES

15

LAND DETAILS

LAND ACRES

1.76 AC

LAND SF

76,666 SF

ZONING

-

APN/PARCEL ID

017-140-13-00

ASK ABOUT THIS PROPERTY

Laura RichardsW CommercialMore Info
707-206-2109

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Laura RichardsW CommercialMore Info
707-206-2109

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