4221 Siskiyou Ave - Hospitality FOR SALE


Dunsmuir, CA 96025
$659,000 USD
415-810-0500
4221 Siskiyou Ave, Dunsmuir, CA for Sale
$659,000 USD
Hospitality - FOR SALE
1/29
null | Request Cap Rate

4221 Siskiyou Ave
Dunsmuir, CA 96025


OVERVIEW

Re-Zoning Complete! Prime Location off Interstate 5! Priced to Sell! The subject parcel benefits from Fantastic Interstate 5 Visibility at a dedicated Off Ramp, with Majestic and Priceless Views of Mount Shasta from all over the parcel. The location has been a Crown Jewel stop Strategically between San Francisco Bay Area and Portland Oregon. In addition to a famed travel stop, it is the Gateway to the Pacific Crest Trail, Mountain, Forest, and other Outdoor Recreation Destinations. A Zoning change for this 1.5 +/- Acre has just been completed. The new MU-3 – Central Mixed Use Zoning allows for many varied uses. This opportunity could involve redevelopment of past use with potential expansion, or a completely new concept. The past use was an Iconic Inn with Restaurant, Lounge, Bowling Alley, and Pool. The rezoning opens up opportunities for new development that can include potential for Convenience businesses with proximity to Interstate, varied types of Housing, a combination of both, and so much more. Create your major development with new zoning already in place! ( Buyer to perform all due diligence and not rely on any marketing information, as Seller, Berkshire Hathaway / Broker do not accept any liability for any error or omission )

FOR SALE DETAILS

PRICE

$659,000 USD

PRICE/SF

$25 USD /SF

# OF ROOMS

30

PRICE/ROOM

$21,967 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

I-5 Mt. Shasta View Development Opportunity

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1950

PARKING SPACES

37

LAND DETAILS

LAND ACRES

1.5 AC

LAND SF

65,340 SF

ZONING

MU 3

APN/PARCEL ID

059-030-010

ASK ABOUT THIS PROPERTY

Jack MurrayBerkshire Hathaway Home ServicesMore Info
415-810-0500

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Jack MurrayBerkshire Hathaway Home ServicesMore Info
415-810-0500

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