Fort Bragg, CA 95437,18725 N Highway 1
Listed by Patrick J Reda • Palma Properties, Inc
Bought with Peter • Martin
$1,575,000
$1,575,000
Est.Price: ?

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1 Sqft Lot

18725 N Highway 1 Fort Bragg, CA 95437

Est. payment /mo
SOLD DATE : 10/20/2021

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Key Details

Sold Price $1,575,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 22001426

Sold Date 10/20/21

HOA Y/N No

Lot Size 1 Sqft

Property Description

10% CAP Rate for the past two years. #1 Rated Hotel in Fort Bragg on Expedia for the past 7 years!!! High performing motel style accommodations in the highly sought after Mendocino Coast area. 11 rooms including 7 freestanding units with kitchenetts and covered parking. Guest amenities include hot tub, fire pit, picnic areas, BBQ's and ample off street parking. Three bedroom owner/manager quarters attached to the Motel Office provides a great live work opportunity. Located on scenic Route 1 in Fort Bragg, California, this property offers close proximity to world famous beaches, trails, dining, shopping and galleries.

Location

State CA

County Mendocino

Area Coastal Mendocino

Zoning C

Exterior

Roof Type Composition

Building

Water Private, Well

Others

Special Listing Condition None

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