915 W Cutting Blvd - Hospitality FOR SALE


Richmond, CA 94804
$13,490,000 USD
650-740-9875
915 W Cutting Blvd, Richmond, CA for Sale
$13,490,000 USD
Hospitality - FOR SALE
1/14
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915 W Cutting Blvd
Richmond, CA 94804


OVERVIEW

SureStay Plus by Best Western, located at 915 W Cutting Blvd, Richmond, CA, is available for sale at $13,490,000. This two-story property, built in 1967 and renovated in 2017, sits on a 3.26-acre site and features 108 rooms with amenities such as a meeting room, business center, swimming pool, and fitness center. Strategically located near the San Francisco Bay Area, the hotel offers easy access to I-580 and Richmond Parkway, connecting it to major destinations like San Francisco, Berkeley, Oakland, and Marin County. The property is ideally situated near major industrial hubs, including the Chevron Richmond Refinery just 0.77 miles away, the Phillips 66 San Francisco Refinery 9.41 miles away in Rodeo, and the PBF Energy Martinez Refinery and Marathon Martinez Renewable Fuels Refinery, located approximately 13.91 and 13.94 miles away in Martinez. This proximity to key refineries ensures steady business traveler demand. Additionally, nearby conveniences such as Chevron, Central Gas, and 7-Eleven gas stations enhance accessibility for guests. Combining its strategic location, modern amenities, and strong market potential, this property is a compelling investment opportunity.

FOR SALE DETAILS

PRICE

$13,490,000 USD

PRICE/SF

$285 USD /SF

# OF ROOMS

108

PRICE/ROOM

$124,907 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

SureStay Plus by Best Western Point Richmond

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1967

PARKING SPACES

150

LAND DETAILS

LAND ACRES

3.26 AC

LAND SF

142,006 SF

ZONING

C2

APN/PARCEL ID

550-012-006-7

ASK ABOUT THIS PROPERTY

Neville ParujanwalaHospitality FundingMore Info
650-740-9875

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Neville ParujanwalaHospitality FundingMore Info
650-740-9875

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