50 Washington Ave - Hospitality FOR SALE


Richmond, CA 94801
$2,400,000 USD
510-237-3908
50 Washington Ave, Richmond, CA for Sale
$2,400,000 USD
Hospitality - FOR SALE
1/40
null | Request Cap Rate

50 Washington Ave
Richmond, CA 94801


HIGHLIGHTS

  • Four properties in one price!
  • All four properties are to be sold and closed concurrently to a single purchaser.

OVERVIEW

The Mac Hotel. Four properties in one price. The historic and famous hotel was originally constructed in 1911 as the Colonial Hotel and renamed The Hotel Mac in the 1930's when purchased by M.V. McFee, a former manager of the Claremont Hotel. Impeccably restored and retrofitted in 1978 with an eye for maintaining vintage character and charm in its 7 suites, the main level popular restaurant and bar, Biancoverde, offers selections with an Italian flare. The hotel has 2 parking lots. Selling as a package, also included are "The Carriage House" at 30 Railroad Ave and "The Annex" at 36 Railroad Ave offering an additional 8 suites with a contemporary flare suitable for a night or an extended stay. All four properties are to be sold and closed concurrently to a single purchaser. For more info, please visit Salepackagehotelmac.com

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$197 USD /SF

# OF ROOMS

14

PRICE/ROOM

$171,429 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hotel Mac

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1911

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

8,000 SF

ZONING

C2CD

APN/PARCEL ID

558-132-013-1

ASK ABOUT THIS PROPERTY

Jerry FeagleyFeagley RealtorsMore Info
510-237-3908

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Jerry FeagleyFeagley RealtorsMore Info
510-237-3908

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