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06/2020

Ocean View Inn (Montara)

EXECUTIVE SUMMARY
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  • Location: Frontage on Coastal Highway 1, a half hour drive south from Downtown San Francisco. Five miles North of Half Moon Bay with many fine restaurants, shopping and a lovely harbor.
     
  • Guest rooms: Nine large suites. Ultra luxuriously fitted and furnished. High ceilings, great light and views.
     
  • Amenities: The hotel (originally built in the 1930s) was purchased several years ago by the present owner. The owner closed the hotel for more than two years during which time the entire structure (plumbing, electrical, floors, windows, doors, furnishings, fixtures, TVs, Phone system) was completely renovated/replaced. The large living/dining area for lobby and breakfast were remodeled as well, with a new full kitchen and powder room.
     
  • Extras: A full service restaurant, currently vacant, seats approximately 20 people and is included with the Inn. By reconfiguring the restaurant and parking lot, an addition of another 15 or more units is possible.
     
  • Description: One three story building comprising the nine suites and one bedroom Innkeeper unit and the single story restaurant.
     
  • Asking Price: $3,300,000
     
  • BONUS:
     
    IF YOU ARE LOOKING FOR A SMALL B&B STYLE HOTEL WITH RESTAURANT, FRONTAGE ON HIGHWAY 1, UNOBSTRUCTED OCEAN VIEWS LOCATED A HALF HOUR FROM SAN FRANCISCO, DEVELOPMENT POTENTIAL FOR ADDITIONAL HOTEL ROOMS, THIS IS THE FINEST OPPORTUNITY FROM THE MONTEREY PENINSULA TO THE OREGON BORDER ON THE COAST OF CALIFORNIA.
     

 
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Julian Bills: Broker, DRE # 00532752
cell/tel: (831) 212-4526 -  email@julianbills.com
Page last modified: April 24th, 2020

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