763 N Main Street,  Fort Bragg  (95437)

$4,500,000

0 bedrooms 0   0 bathrooms 0   15206 square feet 15,206
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PROPERTY DETAILS

Address: view address
Fort Bragg, CA 95437
Map Location
Features: Multi-level
Square Feet:15,206 sq.ft.Lot Size:0.87 acres
Year Built:1976Property Type:Multi Family
County:MendocinoList Date:2019-11-18

MLS DESCRIPTION

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.






Contact Agent

PHOTO GALLERY

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Listing courtesy of: Ralph Liu of InvestorsAlly Realty (CA DRE #01342940)