31880 State Highway 108 - Hospitality FOR SALE


Strawberry, CA 95375
$2,999,000 USD
562-900-5118
31880 State Highway 108, Strawberry, CA for Sale
$2,999,000 USD
Hospitality - FOR SALE
1/46
null | Request Cap Rate

31880 State Highway 108
Strawberry, CA 95375


OVERVIEW

Introducing the captivating Strawberry Inn in Strawberry, CA, a historic gem with immense potential. Built in 1939, this charming property boasts 15 rooms on 1.94 acres of land, offering a unique investment opportunity. With a prime location on State Highway 108, the inn is set to impress with a total of 4,787 SF, featuring a parking ratio of 1.27 per room and zoning types C-S & O-1. The picturesque surroundings and vintage appeal create an inviting atmosphere for guests. Priced at $2,999,000, the Strawberry Inn presents a favorable price per key at $866,600, making it an attractive prospect for investors. The property's potential for growth is further enhanced by its close proximity to a burgeoning demographic. Don't miss out on this incredible opportunity to own a piece of history while reaping the rewards of a thriving hospitality business. Contact us today to explore the endless possibilities that await at the Strawberry Inn.

FOR SALE DETAILS

PRICE

$2,999,000 USD

PRICE/SF

$209 USD /SF

# OF ROOMS

15

PRICE/ROOM

$199,933 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Strawberry Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1939

PARKING SPACES

19

LAND DETAILS

LAND ACRES

1.94 AC

LAND SF

84,506 SF

ZONING

C-S & O-1

APN/PARCEL ID

024-390-002-000

ASK ABOUT THIS PROPERTY

Silvestre Madrigal JrC21 AllStars, Commercial & Investment GroupMore Info
562-900-5118

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Silvestre Madrigal JrC21 AllStars, Commercial & Investment GroupMore Info
562-900-5118

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