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Property profile & analytics
OFF-MARKET
Hotels

700 Main St Fort Bragg, CA 95437

0.14 ac lot
Individually Owned 8-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-3288259
Property summary
AI-generated overview

This exceptional property at 700 Main Street, Fort Bragg, CA 95437, presents a unique investment opportunity on the scenic North Mendocino Coast. Currently operating as a bed and breakfast on a month-to-month occupancy basis, this Victorian-era building boasts ten tastefully appointed guest rooms, each with private off-street parking. The property features multiple entrances ensuring guest privacy, inviting dining areas, and beautifully landscaped gardens. A private innkeeper's unit is included, adding to the property's functionality. The timeless beauty of the redwood interior is showcased throughout the inn. The property enjoys a desirable southern exposure and benefits from numerous recent upgrades. Comprising two parcels, this property is serviced by city utilities and is ready for a new owner to realize its full potential. The expansive grounds and exterior are particularly noteworthy. This is a rare chance to acquire a well-established business with significant upside potential in a highly desirable coastal location. The asking price is $1,250,000. The property is classified as Special Purpose, Industrial, and Land, with a subtype of Manufacturing, Commercial, and Other.

Property profile
Verified
Property type Hotels
Use group HOTEL/MOTEL
Lot 0.14 ac (6,052 SF)
APN 008-044-09-00
UPID US09-3288259
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Atrium Garden Inn Bed & Breakfast Restaurant
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Beth K Hanson · 8 yrs held
Beth K Hanson
since 2018
7 recorded transactions
2018
$800,000
2002
$375,000
2002
Price N/A
1997
$178,200
1997
$37,342
1991
$413,500
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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