8041 Soquel Dr - Hospitality FOR SALE


Aptos, CA 95003
$3,900,000 USD
831-818-0181
8041 Soquel Dr, Aptos, CA for Sale
$3,900,000 USD
Hospitality - FOR SALE
1/29
null | Request Cap Rate

8041 Soquel Dr
Aptos, CA 95003


HIGHLIGHTS

  • Centered amidst the bustle of the recent Redeveopment of Aptos Village in Sunny Santa Cruz County

OVERVIEW

The Iconic Bayview is a fully-equipped Hotel with Bar and Grill on an historic setting marked by what is believed to be the largest magnolia tree anywhere on the West Coast. Long recognized as one of the significant buildings in the County, this Italianate masterpiece presides at the heart of newly-revitalized Aptos Village, surrounded by the area's hottest shops and restaurants, with views of the Monterey Bay in the distance. Upon entering the lobby, you are greeted with a sense of the history within its hallowed halls, under high ceilings of stamped metal. The towering bar has operated with a type 47 liquor license which can be separately acquired. The facility is also provided with a full commercial kitchen that has been put to good use for events both small and large. To the rear, a broad patio opens out to the remaining relics of the lush gardens that bedeck its outdoor venues and carry echoes of the many memories that have been celebrated here through the years. In all, the hotel offers 14 staterooms, most of which include en-suite baths or showers, including several suites that have been traditionally reserved for use by its operators and/or staff. This is a rare opportunity, offered on the 50-year anniversary of its dedication as a landmark on the historic registry.

FOR SALE DETAILS

PRICE

$3,900,000 USD

PRICE/SF

$399 USD /SF

# OF ROOMS

14

PRICE/ROOM

$278,571 {currency}

CAP RATE

Request Cap Rate

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bayview Hotel B&B in CHARMING APTOS VILLAGE

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1878

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.87 AC

LAND SF

38,093 SF

ZONING

C-2-L

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Datta KhalsaMain Street RealtorsMore Info
831-818-0181

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

Datta KhalsaMain Street RealtorsMore Info
831-818-0181

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