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Canby Hotel 22415 Highway 299 E

9 Room Bed and Breakfast Canby, CA 96015 $485,000 ($53,889/Room)

Executive Summary

Prime Real Estate Included - 9 Bedroom Hotel/ Restaurant/Bar with Hard Liquor Type 47 License
RRC# 4677
Location: 22415 Hwy 299, Canby
Description:
9 bedroomed Inn with 6,000 square feet of, Restaurant, Bar and 9 nicely appointed rooms. Included is the Real Estate, Business and ABC license Hard Liquor Type 47. A separate extremely valuable "Off Sale Type 21"license is available for $200,0000, one of only 4 in Modoc County. Fully equipped and located on a major Hwy in an area perfect for a comfortable country living lifestyle in Modoc County. The Seller is willing to carry a portion of the sale to well qualified Buyer's with good credit. The business is currently closed but a savvy new owner/operator could re-invent this once extremely popular Inn and enjoy a steady income and/or live in style in this beautiful location with views of National Forest Land. The town of Canby is located on a bustling tourist highway en-route to the many Lakes and National wildlife refuge and close to the Oregon border and Klamath Falls. At an elevation of 4,300 ft there are breathtaking views to enjoy while making your living in comfort and style. The main Hotel, Bar & Restaurant is 6,000 square feet with 9 nicely appointed bedrooms and includes a high value ABC type 47 hard liquor license. The bar has 12 bar stools and 30 seats and pool table with a comfortable dining room for 30. The kitchen is fully equipped with an 8ft type 1 hood with fire suppression system, 2 deep fryers, a flattop stove with burners and oven. A refrigerated worktop and ample prep tabling with microwave and undercounted dishwasher complete this very useable space. Many choices here, a business with real estate plus living accommodation or just a nice home with bags of space for the price of $485,000. To receive more information and discuss this opportunity with the broker along with the broker’s connections for a long-term SBA loan solution, please complete the ‘Non-Disclosure Agreement’ on our website and we’ll send you the name and address of this business opportunity along with full financial information, lease & comprehensive list of equipment included with the sale. We’ll also send you the Broker's direct contact information so you can discuss this opportunity in more detail.

For more information please visit: https://www.restaurantrealty.com/listings/4408/
Financial Information:
Monthly Revenue: Contact For Info
Monthly Cash Flow: Contact For Info
Annual Revenue: Contact For Info
Annual Cash Flow: Contact For Info
Annual Payroll: Contact for Info
General Info:
Ownership: Sole Proprietorship
Established: 1937
Current Owner: 2008
Employees: Contact for Info
Reason For Sale: Retirement
Monthly Rent: Real Estate Included
Facilities:
Square Feet: 6,000
Seating: Contact for Info
Parking: Ample
Licenses: Health, Business and ABC Type 47 & Type 21
Days/Hours of Operation: Contact for Info

Property Facts

Price $485,000
Price Per Room $53,889
Sale Type Investment
Sale Conditions Business Value Included
Property Type Hospitality
Property Subtype Bed and Breakfast
Building Class C
Lot Size 0.10 AC
Building Size 6,400 SF
No. Rooms 9
No. Stories 2
Year Built 1937
Corridor Interior
Opportunity Zone Yes

Amenities

  • Restaurant
  • On-Site Bar
  • Bed & Breakfast

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 9 $112.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
017-170-008-000
Land Assessment
$12,276
Improvements Assessment
$66,170
Total Assessment
$78,446
  • Listing ID: 15463477

  • Date on Market: 3/16/2019

  • Last Updated:

  • Address: 22415 Highway 299 E, Canby, CA 96015

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