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

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