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$4,500,000

763 N Main Street
Fort Bragg, CA 95437

For Sale|Multi-Family|Active
Subdivision:
County:
Mendocino

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(619) 353-5888
763 N Main Street763 N Main Street763 N Main Street763 N Main Street
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This two-story franchise hotel has 49 rooms and has exterior corridor. It has been maintained in an excellent condition. The new owner has committed to a $2,000,000 renovation budget since the acquisition. The renovation project is currently on going. Room interiors have been upgraded. According to the owner, upon completion the room rate can increase at least $20 per night. The guest rooms contain a micro-fridge combo along with free WiFi. It includes a breakfast option for guests in the morning along wi This two-story franchise hotel has 49 rooms and has exterior corridor. It has been maintained in an excellent condition. The new owner has committed to a $2,000,000 renovation budget since the acquisition. The renovation project is currently on going. Room interiors have been upgraded. According to the owner, upon completion the room rate can increase at least $20 per night. The guest rooms contain a micro-fridge combo along with free WiFi. It includes a breakfast option for guests in the morning along with ample parking for larger vehicles. Also included on this property is an on-site restaurant/cafe that has an established well-known reputation. Fort Bragg is a booming tourist location and this hotel is in the heart of the city, which is also the largest coastal city in Mendocino County. It is situated on U.S. Highway 1, which travels along the Pacific coast throughout California. The hotel is within walking distance to the popular Glass Beach. It is also in short proximity to the prestigious Mendocino Coast Botanical Gardens. Whale Watching is one of the most popular attractions during the winter and spring as it brings thousands of visitors every year, retired senior citizens and young backpackers alike.

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Listing Snapshot
Price
$4,500,000
Days Online
371 Days
Bedrooms
N/A
Inside Area (SqFt)
N/A
Total Baths
N/A
Partial Baths
N/A
Lot Size
0.8745 Acres
Year Built
1976
MLS Number
NP19267205
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
4 days agoListing updated with changes from the MLS
a year agoListing first seen online
General Features
Terms
ConventionalLand Contract
Stories
2 Story
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Exterior Features
Water
Meter on Property
Pool
N/K
Community Features
Building Amenities
Horse Trails
Schools
School District
Unknown
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of InvestorsAlly Realty

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Copyright © 2018-present San Diego MLS®.
Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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