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816 W Main St
Grass Valley, CA 95945

Price Upon Request

Hotel For Sale • 5,600 SF

Property Details

Property Type Hotel
Total Building Size 5,600 SF
Lot Size 0.42 AC
Building Class C
Year Built 1940
Zoning C2

0 Transit Score

68 Walk Score

                
                    Highlights
                
                                Strong Returns | 8.17% cap rate with current management, increasing to 10.77% if self-managed.
                            
                                Operational Upside | Experienced onsite team in place, with potential for increased NOI through owner-occupancy and self-management.
                            
                                Prime Location | Just 0.25 miles from historic downtown Grass Valley and the revitalized Mill Street Plaza.
                            
                                Future Growth | Two double rooms can be converted to singles, expanding the room count to 15 keys.

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	14
Type:	Surface
Included in Rent:	Yes

816 W Main St OFF MARKET Grass Valley, CA 95945 OFF MARKET

Price Upon Request

Property Details

Highlights

Parking Details

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816 W Main St
Grass Valley, CA 95945