4 S Main St - Hospitality FOR SALE


Lodi, CA 95240
$800,000 USD
209-905-4119
4 S Main St, Lodi, CA for Sale
$800,000 USD
Hospitality - FOR SALE
1/25
null | 18% Cap Rate

4 S Main St
Lodi, CA 95240


OVERVIEW

Sellers are willing to do seller financing and help with any work needed for the property for the right buyer. Call to inquire. The property is an old Hotel that is not in operation. However, it does have a business license and is zoned for short or long-term rental. This can be used for transitional housing, VA housing, or sober living. The bottom floor used to be a bar and can be used for retail, laundry facility, convenience store, etc. The owners currently live there and want to downsize. There is deferred maintenance but this property has HUUGGEE potential. The City of Lodi has elected to completely rehabilitate the entirety of Main Street. The city purchased the Hotel two doors down and is almost done remodeling it which will up the value of this hotel.

FOR SALE DETAILS

PRICE

$800,000 USD

PRICE/SF

$103 USD /SF

# OF ROOMS

27

PRICE/ROOM

$29,630 {currency}

CAP RATE

18%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Main Hotel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1925

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

Commercial

APN/PARCEL ID

043-072-02

ASK ABOUT THIS PROPERTY

Erick SmithGlenn Charles InvestmentsMore Info
209-905-4119

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Erick SmithGlenn Charles InvestmentsMore Info
209-905-4119

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