583-585 Eddy St - Hospitality FOR SALE


San Francisco, CA 94109- Civic Center
$11,900,000 USD
415-225-5176
583-585 Eddy St, San Francisco, CA for Sale
$11,900,000 USD
Hospitality - FOR SALE
1/10
null | 9.67% Cap Rate

583-585 Eddy St
San Francisco, CA 94109
Civic Center


HIGHLIGHTS

  • 68 Room Motel 6 Hotel plus Three Commercial spaces located in the Civic Center / Mid-Market Area of San Francisco
  • Hotel consists of newly renovated 48 Tourist Room & 20 Residential Rooms
  • All Rooms have private baths and are in excellent condition
  • Ground Floor large common area and lobby. Potential commercial use in one of the Busiest Areas of the City

OVERVIEW

This offering consists of the purchase of the Motel 6, in a prime location. The property is a 68-room hotel over three commercial spaces located in the heart of San Francisco’s rapidly growing Civic Center / Mid - Market Districts. The 68-room hotel consisting of 48 Tourist Rooms and 20 Residential Rooms. The hotel rooms are all in incredibly good condition and each room has its own private bath and shower facility. There is a large lobby area and community space for guests to mingle. All hotel rooms and common areas have undergone a multi-million-dollar renovation in the last 24 months. The building consists of a six story plus basement concrete structure of 29,171 square feet on a 5,031 square foot lot. This is a great opportunity for a hotel operator to purchase a hotel in one of the strongest hospitality markets in the country and specifically in a neighborhood that has been experiencing rapid growth in business, rents and real estate values. The upside potential is substantial in operating a nightly and or monthly hospitality business in a dynamic area of high-tech companies, governmental agencies and performing arts and museum location in San Francisco.

FOR SALE DETAILS

PRICE

$11,900,000 USD

PRICE/SF

$523 USD /SF

# OF ROOMS

68

PRICE/ROOM

$175,000 {currency}

CAP RATE

9.67%

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Motel 6 San Francisco, CA - Civic Center

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

6

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1925

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

RC-4, San Francisco

APN/PARCEL ID

0336-014A

ASK ABOUT THIS PROPERTY

Richard EhmerThe Ehmer GroupMore Info
415-225-5176

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Richard EhmerThe Ehmer GroupMore Info
415-225-5176

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