818-355-4906
14643 7th St, Victorville, CA for Sale
Hospitality - FOR SALE
1/13
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14643 7th St
Victorville, CA 92395


OVERVIEW

The New Corral Motel in Victorville is situated on a unique parcel of land spanning 57,935 square feet (1.33 acres) zoned MU - 2. This sizable and rare plot offers a tremendous development opportunity for various property types, from mixed-use and retail projects to exclusively residential constructions. The property's unique size and zoning (MU - 2 on 1.33 acres) provide a rare and excellent opportunity for an ambitious developer to build a high-end development projects ranging from R4 allowances, C2 allowances, or a mix of both, making it highly attractive for developers looking to maximize their investment in a prime location. The New Corral Motel is approximately 7,265 Square Feet and offers a range of accommodations, including both smoking and non-smoking rooms. It features soundproof rooms for a peaceful stay and provides ample free parking. Popular among guests for family stays, it is appreciated for its clean rooms and good service, with easy check-in procedures and no deposit required. It is also conveniently located near various attractions, making it a practical choice for travelers. Additionally, Choice Hotels is prepared to allow The Roadway Inn to be rebranded under a smaller flag. Offers (12) Single beds, (3) King bed, (7) 2 beds. Built in 1953, this investment is 100% occupied and has steady income generating a great cash flow with upside in income. This add value opportunity is perfectly situated near Costco Wholesale, All Car Dealerships, TG The Gym, Shopping Centers, 15, 18 and 395 FWY’s, and by many shops and restaurants, with extremely high traffic counts and great visibility.

FOR SALE DETAILS

PRICE

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# OF ROOMS

22

CAP RATE

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TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

New Corral Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1953

PARKING SPACES

31

LAND DETAILS

LAND ACRES

1.33 AC

LAND SF

57,935 SF

ZONING

MU - 2

APN/PARCEL ID

0477-201-34

ASK ABOUT THIS PROPERTY

Karine AslanianThe AgencyMore Info
818-355-4906

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Karine AslanianThe AgencyMore Info
818-355-4906

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