763 N Main Street $4,500,000

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    763 N Main Street Fort Bragg, CA 95437

    • 0 Beds
    • 0 Baths
    • 15,206 sq. ft.
    • Multi-Family
    • MLS# NP19267205
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    Views: 7 Days On Market: 237

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    Property Details

    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.

    • General Features
      • Number Of Separate Water Meters 0
      • Number Of Separate Electric Meters 0
      • Number Of Separate Gas Meters 0
      • Number Of Units Total 1
      • Year Built 1976
      • County Or Parish Mendocino
      • Number Of Buildings 3
      • Community Features BLM/National Forest, Horse Trails, Hunting
      • Association Fee 0.00
    • Building Features
      • Entry Location 1
      • Laundry Features Common Area
    • Property Features
      • Lot Size Acres 0.87
      • Lot Features 36-40 Units/Acre
      • Pool Private Y/N 0
      • Pool Features None
      • Parking Total 0.00

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    Property History

    Date Event Price Percent Change
    -- Current Price Source New Value: $4,500,000
    11/18/2019 1:49:00 PM New in Database Source

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    Based on information from California Regional Multiple Listing Service, Inc. as of 7/13/2020 11:23:02 AM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

    Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.