Coldwell Banker Commercial G.R. is the exclusive advisor of The Sierra Mountain Inn, a 13-room boutique inn located just a short walk from historic downtown Grass Valley, a popular getaway for Bay Area and Northern California travelers. Priced at $1,850,000 ($142,308/key), the property generates approximately $420,000 in annual revenue with an ADR of ~$145 and 55% occupancy. 2025 NOI is projected at $151,200 (8.17% return) with existing management, or $199,200 (10.77% return) if self-managed.
The Inn features 12 guest rooms and one standalone cottage on 0.428 acres, with eight units equipped with kitchenettes. The cottage offers a full kitchen, living room, and bedroom, ideal for extended stays. A manager’s unit with full kitchen and living area connects to the office, providing additional flexibility. Additionally, two double rooms can be converted to singles, expanding the room count to 15 keys.
Originally built in 1940 and fully remodeled in 2004, the property has been consistently updated with modern systems and furnishings. Current ownership operates passively with a seasoned onsite team willing to remain, ensuring a smooth transition.
The property enjoys a strong reputation, with a 9.2/10 “Wonderful” rating on Expedia, stable in-place income, and clear upside potential through self-management and revenue optimization. Its combination of location, character, and performance makes it a compelling opportunity for investors or hands-on owner-operators.