785 Port Rd - Hospitality FOR SALE


Point Arena, CA 95468
$5,200,000 USD
818-357-5156
785 Port Rd, Point Arena, CA for Sale
$5,200,000 USD
Hospitality - FOR SALE
1/6
null | Request Cap Rate

785 Port Rd
Point Arena, CA 95468


HIGHLIGHTS

  • Coastal Boutique Hotel with Panoramic Pacific Ocean Views
  • 25 Rooms
  • Prime Location: 140 Miles from San Francisco
  • 2024 NOI: $481,000 | 9.3% Cap Rate
  • Fully Renovated, Turnkey Property

OVERVIEW

Wharf Master's Inn is a 25-room boutique waterfront hotel in Point Arena, CA, overlooking Arena Cove and the Pacific Ocean. The property comprises six well-maintained and recently renovated buildings, including thoughtfully updated guest rooms and suites. Accommodations feature private balconies with ocean or courtyard views, oversized jetted spa tubs, fireplaces, and boutique-style interiors. The Inn’s amenities include a courtyard with fountains and fire pits, the 40-seat Wave Lounge with beer, wine, and limited food permits, a new catering kitchen with premium appliances, and a Zen Studio with a state-of-the-art Wellness Cocoon, zero-gravity massage chair, and Cocoon Fitness Pod sauna. Additional upgrades include an EV charger, upgraded phone system, new weatherproof aluminum signage, and a 150kVa generator — the only hotel in the area with backup power. Guests also enjoy private access to coastal bluff trails leading to the Point Arena Lighthouse. With full event and venue rental potential — ideal for weddings, retreats, and private gatherings — the property is perfectly positioned to capitalize on strong ADR and revenue growth opportunities in the high-demand coastal Mendocino County market. Wharf Master's Inn represents a turn-key investment with ADR over $200 and a 2024 NOI of $481,100 (9.3% Cap Rate), offering a rare opportunity to own a premier boutique coastal property with significant upside in room rates, food & beverage, and event revenue.

FOR SALE DETAILS

PRICE

$5,200,000 USD

PRICE/SF

$217 USD /SF

# OF ROOMS

25

PRICE/ROOM

$208,000 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Wharf Masters Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

1865

PARKING SPACES

24

LAND DETAILS

LAND ACRES

2.42 AC

LAND SF

105,415 SF

ZONING

MH

APN/PARCEL ID

027-041-48-00

ASK ABOUT THIS PROPERTY

Eric WoldAmber Hotel CompanyMore Info
818-357-5156

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Eric WoldAmber Hotel CompanyMore Info
818-357-5156

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