Bought with Peter • Martin
$1,575,000
$1,575,000
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1 Sqft Lot
SOLD DATE : 10/20/2021
Key Details
Sold Price $1,575,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 22001426
Sold Date 10/20/21
Construction Status Exterior-Excellent,Interior-Good
HOA Y/N No
Lot Size 1 Sqft
Property Sub-Type Mixed Use
Property Description
10% CAP Rate for the past two years. #1 Rated Hotel in Fort Bragg on Expedia for the past 7 years!!! High performing motel style accommodations in the highly sought after Mendocino Coast area. 11 rooms including 7 freestanding units with kitchenetts and covered parking. Guest amenities include hot tub, fire pit, picnic areas, BBQ's and ample off street parking. Three bedroom owner/manager quarters attached to the Motel Office provides a great live work opportunity. Located on scenic Route 1 in Fort Bragg, California, this property offers close proximity to world famous beaches, trails, dining, shopping and galleries.
Location
State CA
County Mendocino
Area Coastal Mendocino
Zoning C
Exterior
Roof Type Composition
Building
Water Private, Well
Construction Status Exterior-Excellent,Interior-Good
Others
Special Listing Condition None
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