22415 Highway 299 E - Hospitality FOR SALE


Canby, CA 96015
$485,000 USD
415-945-9701
22415 Highway 299 E, Canby, CA for Sale
$485,000 USD
Hospitality - FOR SALE
1/11
null | Request Cap Rate

22415 Highway 299 E
Canby, CA 96015


OVERVIEW

Prime Real Estate Included - 9 Bedroom Hotel/ Restaurant/Bar with Hard Liquor Type 47 License RRC# 4677 Location: 22415 Hwy 299, Canby Description: 9 bedroomed Inn with 6,000 square feet of, Restaurant, Bar and 9 nicely appointed rooms. Included is the Real Estate, Business and ABC license Hard Liquor Type 47. A separate extremely valuable "Off Sale Type 21"license is available for $200,0000, one of only 4 in Modoc County. Fully equipped and located on a major Hwy in an area perfect for a comfortable country living lifestyle in Modoc County. The Seller is willing to carry a portion of the sale to well qualified Buyer's with good credit. The business is currently closed but a savvy new owner/operator could re-invent this once extremely popular Inn and enjoy a steady income and/or live in style in this beautiful location with views of National Forest Land. The town of Canby is located on a bustling tourist highway en-route to the many Lakes and National wildlife refuge and close to the Oregon border and Klamath Falls. At an elevation of 4,300 ft there are breathtaking views to enjoy while making your living in comfort and style. The main Hotel, Bar & Restaurant is 6,000 square feet with 9 nicely appointed bedrooms and includes a high value ABC type 47 hard liquor license. The bar has 12 bar stools and 30 seats and pool table with a comfortable dining room for 30. The kitchen is fully equipped with an 8ft type 1 hood with fire suppression system, 2 deep fryers, a flattop stove with burners and oven. A refrigerated worktop and ample prep tabling with microwave and undercounted dishwasher complete this very useable space. Many choices here, a business with real estate plus living accommodation or just a nice home with bags of space for the price of $485,000. To receive more information and discuss this opportunity with the broker along with the broker’s connections for a long-term SBA loan solution, please complete the ‘Non-Disclosure Agreement’ on our website and we’ll send you the name and address of this business opportunity along with full financial information, lease & comprehensive list of equipment included with the sale. We’ll also send you the Broker's direct contact information so you can discuss this opportunity in more detail. For more information please visit: https://www.restaurantrealty.com/listings/4408/ Financial Information: Monthly Revenue: Contact For Info Monthly Cash Flow: Contact For Info Annual Revenue: Contact For Info Annual Cash Flow: Contact For Info Annual Payroll: Contact for Info General Info: Ownership: Sole Proprietorship Established: 1937 Current Owner: 2008 Employees: Contact for Info Reason For Sale: Retirement Monthly Rent: Real Estate Included Facilities: Square Feet: 6,000 Seating: Contact for Info Parking: Ample Licenses: Health, Business and ABC Type 47 & Type 21 Days/Hours of Operation: Contact for Info

FOR SALE DETAILS

PRICE

$485,000 USD

PRICE/SF

$76 USD /SF

# OF ROOMS

9

PRICE/ROOM

$53,889 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Canby Hotel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1937

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,493 SF

ZONING

-

APN/PARCEL ID

017-170-008-000

ASK ABOUT THIS PROPERTY

Steve ZimmermanRestaurant RealtyMore Info
415-945-9701

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Steve ZimmermanRestaurant RealtyMore Info
415-945-9701

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