1139 Lincoln Ave - Hospitality FOR SALE


Calistoga, CA 94515
$3,895,000 USD
707-738-2945
1139 Lincoln Ave, Calistoga, CA for Sale
$3,895,000 USD
Hospitality - FOR SALE
1/25
null | Request Cap Rate

1139 Lincoln Ave
Calistoga, CA 94515


HIGHLIGHTS

  • Premier location on Lincoln Avenue, a stroll to town and all the offerings of this amazing town
  • The spacious front porch, summer winter spring and fall, welcoming, heaters and comfort
  • All en suite rooms with AC, wifi, high quality linens, tv, fireplace, robes, renovated
  • Lobby space in front of the fireplace set up from the street overlooking the garden, card and wine room
  • Lower level rooms
  • Convenient location to amazing restaurants, shopping, spa, wine tastings, and shops

OVERVIEW

The Embrace Bed & Breakfast in Calistoga sits prominently on the corner of Lincoln Avenue and W. Myrtle and functions as the “Queen of Main Street” with her gracious porch. The 5-suite Inn is well-appointed and lovingly furnished. The spacious porch is perfect for leisurely breakfast or wine tastings. Just behind the Inn are 8 small apartments with 2 functioning as hospitality support and 6 rented to month-to-month tenants. The parcel behind has 13 parking spaces and a stand-alone cottage with the City of Calistoga welcoming development of more rooms for the Inn or mid-priced housing. Please reach out for financials and Offering Memorandum There are two parcels offered for sale.

FOR SALE DETAILS

PRICE

$3,895,000 USD

PRICE/SF

$1,844 USD /SF

# OF ROOMS

5

PRICE/ROOM

$779,000 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Embrace Calistoga

PROPERTY TYPE

Hospitality

ADD'L SUBTYPES

Hotel

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

1870

PARKING SPACES

27

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,276 SF

ZONING

DC-DD, Calistoga

APN/PARCEL ID

011-244-014,011-252-001

ASK ABOUT THIS PROPERTY

Stefan JezyckiEngel & VolkersMore Info
707-738-2945

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Stefan JezyckiEngel & VolkersMore Info
707-738-2945

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.