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Bed & breakfasts
CA
Calistoga
94515
1139 Lincoln Ave

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FOR SALE

Bed & breakfasts

1139 Lincoln Ave Calistoga, CA 94515

2,112 SF 0.19 ac lot Built 1995

Individually Owned 15-yr Hold Free & Clear

Property ID

US09-1605526

$3,000,000 2,112 SF

1139 Lincoln Ave, Calistoga, CA 94515
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This exceptional Calistoga property, located at 1139 Lincoln Avenue, presents a unique investment opportunity. The prominent corner location at Lincoln Avenue and W. Myrtle boasts a well-established 5-suite bed and breakfast, affectionately known as "The Embrace Bed & Breakfast," featuring a spacious porch ideal for guest enjoyment. Each of the five suites is thoughtfully appointed and furnished to a high standard. Adding to the income potential are eight additional small apartments situated on the property. Two of these apartments currently support the inn's operations, while the remaining six are rented on a month-to-month basis. A significant advantage is the inclusion of thirteen parking spaces located on a separate parcel behind the main buildings. Further enhancing the property's value is a stand-alone cottage, offering potential for expansion. The City of Calistoga has expressed support for developing additional rooms for the inn or creating mid-priced housing units within this existing structure. Detailed financial information, an offering memorandum, and a list of furniture, fixtures, and equipment (FF&E) included in the sale are available upon request. This property offers a blend of established income streams and significant development potential in a desirable location. The 0.19-acre lot provides ample space for future expansion or enhancement of the existing structures. This is a rare opportunity to acquire a thriving business with substantial upside.