400 S Main Street

  • Fort Bragg

  • $7,999,000
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Residential Income Details

Description
The motel is a recently (2016 - 2017) renovated 89-room Motel 6 franchise in the seaside resort town of Fort Bragg. It is right on State Route 1 and a must stop for travels between California and Oregon. Fort Bragg is also a popular year-round tourist destination not just because of the beautiful coastal scenery but also it is the location for the famous "Glass Beach" which is within walking distance from the town center. The property has a large footprint with many big rooms and spacious parking space, an on-site restaurant and a well-maintained indoor swimming pool. Grocery store and drug store are also a short stroll away. The business has been profitable under a very good management. It is a great opportunity for investors looking for either good and steady returns or for further upside appreciation potential with a new management. Fort Bragg is a city on California's Mendocino Coast. It's known for Glass Beach, with its shore full of colorful glass stones. The beach is part of sprawling MacKerricher State Park, which supports varied bird life and harbor seals. The Skunk Train is a steam locomotive that weaves through the redwood forests of the Noyo River Canyon. South of the center, the Mendocino Coast Botanical Gardens shelters native plants.
Essential
MLS #OC18154443
Price$7,999,000
Number of Units0
Sale TypeStandard
StatusActive
Listing BrokerageInvestorsAlly Realty
Listing AgentRalph Liu
Listing Agent BRE #01342940
Interior
CoolingCentral
HeatingCentral Furnace,Forced Air
Exterior
ParkingUnassigned
Garage Spaces0
PoolPrivate
Community
Area699 - Not Defined
CommunityUrban
Address400 S Main Street
CityFort Bragg
CountyMendocino
StateCA
ZipCode95437
School

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Based on information from California Regional Multiple Listing Service, Inc. as of Tuesday, October 16, 2018. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.