This Hospitality Property is no longer advertised on LoopNet.com.
2-58 W 11th St
Tracy, CA 95376
Converted · Hospitality Property For Sale
·
48,500 SF

INVESTMENT HIGHLIGHTS
- Generational opportunity to reposition a landmark historic property at the entry to charming downtown Tracy
- Large land site (1.65 acres) with potential for denser redevelopment to hotel, mixed/use, residential etc.
- Under market rents and un-rented Tracy Inn lobby area offer immediate upside opportunity
- In place cash flow from existing retail tenants plus amazing value-add opportunity through monetizing the 2nd floor (currently vacant)
- Hard corner location at the signalized intersection of 11th Street and Central Avenue w/ combined traffic counts of roughly 25,000 vehicles per day
- Potential for transition to low income senior housing with/if cooperation with City is obtained.
PROPERTY FACTS
Property Type | Hospitality |
Property Subtype | Hotel |
Building Class | F |
Lot Size | 1.72 AC |
Construction Status | Converted |
Building Size | 48,500 SF |
No. Stories | 2 |
Year Built/Renovated | 1926/1965 |
Parking Ratio | 0.94/1,000 SF |
Corridor | Interior |
Cross Streets | 1035-1039 N Central Ave |
AMENITIES
- Pool
PROPERTY TAXES
Parcel Numbers |
Multiple
|
Improvements Assessment | $1,474,853 |
Land Assessment | $427,625 | Total Assessment | $1,902,478 |
ZONING
Zoning Code | CBD (Central Business District) |
Listing ID: 31536306
Date on Market: 4/17/2024
Last Updated:
Address: 2-58 W 11th St, Tracy, CA 95376
The Hospitality Property at 2-58 W 11th St, Tracy, CA 95376 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.