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Published on: Thursday, July 25, 2024
Updated on: Thursday, July 25, 2024
About the Lister
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Name: Rick Lahkar
Company: Sperry CRE
Office Phone: 916.821.8886
Cell Phone: 916.821.8886
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Financing  Business  Material

  Hotel Sutter

51 Main St Sutter Creek California , 95685
51 Main St Sutter Creek California , 95685  Sperry CRE
Listing ID: CL-California-11100 Full Service Hotel/Lodging and Hospitality

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): Contact Lister
Net Operating Income: Contact Lister
Quick Glance
Listing ID: CL-California-11100
Status: Accepting Offers
Financing: Third Party Financing
Occupancy: N/A
Year Build: 1958
Building Size: 14,820.00 SqFt
Lot Size: 14,820.00 SqFt.
No of Stories: 3
No of Parking: 13
Offer to Millionaire Club: No
Business Available for Sale: No
Is Net Lease Investment: No
Property On Ground Lease: No
Building Status: Existing
Listing Summary
A historic hotel with a strong emphasis on fine dining is ready for a new buyer.
Complete Details
Year Build: 1958
Building Size: 14,820 SqFt.
No of Stories: 3
Total Lot Area: 14820 SqFt.
No of Parking: 13
No of Total Units: 21
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Not Specified
Building Class: B
Property on Ground Lease?: No
Net Lease Investment?: No
Business Price Included?: No
Roofing: Not Specified
Occupancy: 0%
Full Description
A historic hotel with a strong emphasis on fine dining is ready for a new buyer. Originally built in 1858, the current owners have done substantial renovations and upgrades to the property. With 21 rooms and a fine dining restaurant and full bar and banquet facilities, the overall revenues are very strong. An ideal buyer would be operators of smaller boutique hotels with food & beverage component.
Additional Properties
Property Highlights
  • Renovate the 3 studio apartments and add them to hotel room inventory
  • Install electronic smart locks to enable contact-less check-in & after-hours check-in
  • Better room revenue management by using dynamic revenue management
  • More hands-on owner operation & management
Features
  • Added bathrooms to all rooms on the third floor
  • Elevator installed
  • Generator installed
  • 25 camera security system
  • Fire suppression system
  • Misting system in balcony and street level patio
  • Two ADA compliant guest rooms and 3 ADA accessible public bathrooms
  • Carpeting removed to expose old Douglas Fir wood flooring
  • Sheetrock removed to expose original brick wall
  • Numerous improvements and equipment upgrades in the kitchen area
  • Lobby and restaurant area reconfigured and remodeled and lobby bar added
Listing Location
Lister's other Properties
Title: Grizzly Plaza Office Space Available
Address: 2704 Highway 4 , Arnold California 95223
Listing ID: CL-California-11102
Listing Type: Commercial +Lease
Category: Office - Office Building
Status: Price not Disclosed
Created On: 7/25/2024
Modified On: 7/25/2024
2704 Highway 4 , Arnold California 95223
Title: Strawberry Inn
Address: 31880 Highway 108 , Strawberry California 95375
Listing ID: CL-California-11101
Listing Type: Commercial
Category: Lodging and Hospitality - Full Service Hotel
Status: Accepting Offers
Created On: 7/25/2024
Modified On: 7/25/2024
31880 Highway 108 , Strawberry California 95375
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