Bayview Hotel B&B in CHARMING APTOS VILLAGE 8041 Soquel Dr 14 Room Bed and Breakfast Aptos, CA 95003 $3,900,000 ($278,571/Room)



INVESTMENT HIGHLIGHTS
- Centered amidst the bustle of the recent Redeveopment of Aptos Village in Sunny Santa Cruz County
EXECUTIVE SUMMARY
The Iconic Bayview is a fully-equipped Hotel with Bar and Grill on an historic setting marked by what is believed to be the largest magnolia tree anywhere on the West Coast. Long recognized as one of the significant buildings in the County, this Italianate masterpiece presides at the heart of newly-revitalized Aptos Village, surrounded by the area's hottest shops and restaurants, with views of the Monterey Bay in the distance. Upon entering the lobby, you are greeted with a sense of the history within its hallowed halls, under high ceilings of stamped metal. The towering bar has operated with a type 47 liquor license which can be separately acquired. The facility is also provided with a full commercial kitchen that has been put to good use for events both small and large. To the rear, a broad patio opens out to the remaining relics of the lush gardens that bedeck its outdoor venues and carry echoes of the many memories that have been celebrated here through the years. In all, the hotel offers 14 staterooms, most of which include en-suite baths or showers, including several suites that have been traditionally reserved for use by its operators and/or staff. This is a rare opportunity, offered on the 50-year anniversary of its dedication as a landmark on the historic registry.
PROPERTY FACTS Under Contract
Price | $3,900,000 |
Price Per Room | $278,571 |
Sale Type | Investment |
Sale Condition | Business Value Included |
Property Type | Hospitality |
Property Subtype | Bed and Breakfast |
Building Class | B |
Lot Size | 0.87 AC |
Building Size | 9,785 SF |
No. Rooms | 14 |
No. Stories | 3 |
Year Built/Renovated | 1878/2020 |
Parking Ratio | 2.04/1,000 SF |
Corridor | Interior |
AMENITIES
- High Speed Internet Access
- Bed & Breakfast
- Public Access Wifi
ABOUT 8041 SOQUEL DR , APTOS, CA 95003
Built in 1878. Between the ocean and the mountains in Aptos, Ca.
ROOM MIX INFORMATION
DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
---|---|---|---|
Suite | 2 | $239.00 | - |
Guest Room | 12 | $159.00 | - |
1 of 1
PROPERTY TAXES
Parcel Number | 041-011-55 | Improvements Assessment | $1,113,683 |
Land Assessment | $1,020,945 | Total Assessment | $2,134,628 |
ZONING
Zoning Code | C-2-L (Community Commercial) |