304 Main St, Alturas, CA 96101-4049

This exceptional investment opportunity presents a historic three-story hotel in Alturas, California. Located at 304 S. Main St., this 26,000 square foot property sits on a 0.7-acre lot and boasts a rich history, dating back to 1908. Currently operating as a multi-faceted business, it includes a Starbucks coffee shop, a restaurant (Niles Roadhouse), a saloon (Niles Saloon), and an events venue (JE Niles Events Room and Catering). The hotel itself comprises 37 guest rooms across the second and third floors, including a bridal suite, a two-room suite with kitchenette, and rooms frequently used to house firefighters. The second floor features 13 nicely decorated guest rooms, each uniquely designed. The third floor offers 24 rooms (2 single and 22 double occupancy), along with shared bathrooms and a laundry area. The property also includes a functional kitchen used for catering events and daily restaurant operations. Heating is provided by a wood pellet boiler, wood stoves, and electric heaters in guest rooms. All equipment is included in the sale, and the liquor license is transferable. This corporation-owned property offers significant potential for growth and expansion within a supportive community. The asking price is $1,200,000, with a price per square foot of $46.15. Don't miss this chance to own a piece of Alturas history.