444 W MacArthur Blvd - Hospitality FOR SALE


Oakland, CA 94609- Mosswood
$8,500,000 USD
510-433-5867
444 W MacArthur Blvd, Oakland, CA for Sale
$8,500,000 USD
Hospitality - FOR SALE
1/5
null | Request Cap Rate

444 W MacArthur Blvd
Oakland, CA 94609
Mosswood


HIGHLIGHTS

  • Owner/User Opportunity on ±.48 Acres.
  • Expansive Manager’s suite & 9 storage units
  • Well-maintained building.
  • 40 guest rooms.

OVERVIEW

The property is a 40-room hospitality-oriented commercial real estate asset located at 436-444 MacArthur Blvd in Oakland, California. In addition to the guest rooms the property host a separate guest reception space, multiple storage spaces and onsite laundry room. Built in 1958, this structure spans a total building area of 14,625 square feet, sitting on a 21,175 square-foot parcel of land. Although built in 1958, the property has undergone multiple upgrades and receives programmed and regular maintenance. The property is zoned Neighborhood Commercial and is currently utilized for hospitality purposes, presenting a flexible investment opportunity with potential for redevelopment into mixed-use or government-contracted housing under its highest and best use.

FOR SALE DETAILS

PRICE

$8,500,000 USD

PRICE/SF

$581 USD /SF

# OF ROOMS

40

PRICE/ROOM

$212,500 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Travel Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1954

PARKING SPACES

21

LAND DETAILS

LAND ACRES

0.49 AC

LAND SF

21,288 SF

ZONING

CN-3

APN/PARCEL ID

012-0974-043-00,012-0974-044-01

ASK ABOUT THIS PROPERTY

Gregory HunterColliersMore Info
510-433-5867

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Gregory HunterColliersMore Info
510-433-5867

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