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$4,650,000
Est. payment /mo
71,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 71,000 sqft
Price per Sqft $65
MLS Listing ID 625911
HOA Y/N No
Year Built 1990
Lot Size 4 Sqft
Property Sub-Type Commercial
Property Description
Non-operating 126 key hotel with great visibility and potential. Hotel does not have flag. Hotel is on a ground lease that expires in 2065. Lease rate is $35,000 per month. The hotel will require landlord required repair/upgrade, likely around $5,000,000 in improvements.
Location
State CA
County Stanislaus
Interior
Cooling Central Heat/Cool, Window Unit(s)
Exterior
Parking Features Over 21 Spaces, Assigned
Roof Type Tile
Building
Lot Description Mall/Strip Mall, Major Arteries, Frontage, Total Parcel Only
Story 2
Foundation Concrete Perimeter
Water Public
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Listed by Carlos D Fierro REI Group