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    26985 Ca-1 Tomales, CA 94971

    For Sale
    $1,750,000

    Charming Inn, 11 Keys, Recently Renovated

    Property size:
    5,577 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This historic 11-key hotel, built in 1879 and extensively renovated in 2023, presents a unique investment opportunity. Located in Tomales, Marin County, California, at 26985 CA-1, zip code 94971, this property boasts 5,577 square feet on a 0.13-acre lot (APN 102-074-02). The three-story building is zoned for commercial use and offers multiple revenue streams. The asking price is $1,750,000, translating to $313.79 per square foot. Situated in a high barrier-to-entry Northern California coastal market near Tomales Bay and Point Reyes National Seashore, this inn benefits from a desirable location and strong potential for return on investment. The property's recent renovation ensures modern amenities and operational efficiency. This represents a compelling acquisition opportunity in a sought-after coastal location. The property consists of one building and is situated in a prime location within Marin County, offering significant potential for growth and profitability. This is a rare chance to own a piece of California's rich history and vibrant hospitality industry.

    Property Features for 26985 Ca-1

    General Information

    Property type
    Hotels
    Square Feet
    5,577 SF
    Lot Size
    5,663 SF

    Building Details

    Year Built/Renovated
    1879/2023
    Buildings
    1
    Stories
    3
    Property Profile Location Intelligence

    Current Use by Public Records

    Hotels

    Map

    City
    Tomales
    County
    Marin
    State
    California
    Longitude
    -122.905195
    Latitude
    38.246175

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Hotel - Charming Inn, 11 Keys, Recently Renovated
    Where is this hotel located?
    The property is located at 26985 Ca-1 Tomales, CA.
    What is the asking price?
    The asking price for this property is $1,750,000.
    Request Owner's contact information
    26985 Ca-1 Tomales, CA 94971
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    Tomales, CA 94971
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    26985 Ca-1 Tomales, CA 94971
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