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Listed by Jacqueline L Wright-Gridley Etchell W Real Estate
$ 6,900,000
Est. payment /mo
Active
178 Dry Creek RD Healdsburg, CA 95448
0.75 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
MLS Listing ID 326013974
HOA Y/N No
Year Built 1992
Lot Size 0.752 Acres
Acres 0.7521
Property Sub-Type Hotel/Motel
Property Description
A rare opportunity to create your own custom "Boutique Hotel" in lovely Healdsburg! A diamond in the ruff! Lose Travelodge franchise & create a custom brand! Add more amenities like an elevator, fully gate the property for more exclusivity, possibly add a large hot tub, ebikes & outdoor seating area with bbq! Create a wine & cheese hour in the afternoons & provide croissants & coffee in the mornings! Lose breakfast area add small gym & enlarge lobby area w/small business center. Add luxury linens, soaps, furniture, wall art images etc. Soften the colors inside & out to attract a broader audience, this could really change the look & feel of the place for a new owner! Strict development limitations, lengthy entitlement timelines, & rising construction costs have significantly restricted new hotel supply, making this offering an exceptionally scarce acquisition opportunity! Hospitality markets, supported by strong year-round tourism driven by its internationally recognized wine industry, award-winning culinary scene, & reputation as a premier leisure & wedding destination! Ceasar's Casino is coming to Alexander Valley 2027 & The Smart Train is coming in 2028! This hospitality market attracts consistent high-quality visitation, supporting stable lodging demand & long-term investment fundamentals. Ideally located just off the Dry Creek Road exit & off Hwy 101 corridor, near to downtown Healdsburg Plaza via Grove Street + it is the close neighbor to Hotel Trio! A property that benefits from strong visibility & accessibility within Sonoma County's infamous wine country region! This three-story property currently features an efficient & well-balanced guestroom mix designed to serve both leisure & extended-stay travelers. The hotel currently operates with 23 guestrooms, w/two (2) additional suite-style guestrooms presently utilized for management purposes, total physical room count to 25 guestrooms. The guestroom configuration consists of 16 King Guest Rooms, 5 Two-Queen Guest Rooms, 1 ADA-Compliant Guest Room, and 3 Suites. All guest accommodations include in-room refrigerator, microwave, workspace, Wi-Fi, & standard furnishings. Healdsburg's strong lodging fundamentals, combined w/significant replacement costs relative to new construction, create a compelling investment profile. This asset offers investors an attractive alternative to ground-up development while maintaining upside potential by operational refinement,repositioning & new branding!
Location
State CA
County Sonoma
Area Healdsburg
Zoning CITYHE
Interior
Heating Ductless, Other
Cooling Ductless, Wall Unit(s), Other
Flooring Tile
Exterior
Waterfront Description Public
Roof Type Foam,Other
Accessibility Wheelchair Access
Road Frontage City Street, Freeway Exposure
Total Parking Spaces 23
Private Pool No
Building
Sewer Public Sewer
Water Public
Level or Stories 3
Others
Tax ID 089082028000
Special Listing Condition Offer As Is
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