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763 N Main St
Fort Bragg, CA 95437
OMEO Suites Glass Beach · Hospitality Property For Sale · 15,206 SF
PROPERTY FACTS
Property Type | Hospitality | No. Stories | 2 |
Property Subtype | Hotel | Year Built | 1976 |
Building Class | C | Parking Ratio | 3.95/1,000 SF |
Lot Size | 1.01 AC | Corridor | Exterior |
Building Size | 15,206 SF |
Property Type | Hospitality |
Property Subtype | Hotel |
Building Class | C |
Lot Size | 1.01 AC |
Building Size | 15,206 SF |
No. Stories | 2 |
Year Built | 1976 |
Parking Ratio | 3.95/1,000 SF |
Corridor | Exterior |
Amenities
- High Speed Internet Access
- Public Access Wifi
About 763 N Main St , Fort Bragg, CA 95437
This two-story franchise hotel has 49 rooms and has exterior corridor. It has been maintained in an excellent condition. The new owner has conducted an over a million of dollars renovation since the acquisition in 2018. Room interiors have been completely upgraded. Room rates and occupancy rates have both increased dramatically. Since the pandemic recovery, the revenue has almost doubled. The guest rooms contain a micro-fridge combo along with free WiFi. It includes a breakfast option for guests in the morning along with ample parking for larger vehicles. Also included on this property is an on-site restaurant/cafe which has an established well-known reputation that the hotel leases to. Fort Bragg is a booming tourist location and this hotel is in the heart of the city, which is also the largest coastal city in Mendocino County. It is situated on U.S. Highway 1, which travels along the Pacific coast throughout California. The hotel is within walking distance to the popular Glass Beach. It is also in short proximity to the prestigious Mendocino Coast Botanical Gardens. Whale Watching is one of the most popular attractions during the winter and spring as it brings thousands of visitors every year, retired senior citizens and young backpackers alike.
PROPERTY TAXES
Parcel Numbers |
Multiple
|
Improvements Assessment | $1,154,616 |
Land Assessment | $1,570,772 | Total Assessment | $2,725,388 |
PROPERTY TAXES
- 008-043-18-00
- 008-043-15-00
- 008-043-19-00
zoning
Zoning Code | R4 |
R4 |
Learn More About Investing in Hospitality Properties
Listing ID: 26735740
Date on Market: 9/29/2022
Last Updated:
Address: 763 N Main St, Fort Bragg, CA 95437
The Hospitality Property at 763 N Main St, Fort Bragg, CA 95437 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.