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Listed by Eddie Guajardo • eXp Realty of California Inc
$ 3,200,000
Est. payment | /mo
8,286 SqFt
$ 3,200,000
Est. payment | /mo
8,286 SqFt
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 8,286 sqft
Price per Sqft $386
MLS Listing ID ML82020072
HOA Y/N No
Year Built 1964
Lot Size 0.359 Acres
Property Sub-Type Comm Ind For Sale
Source Datashare MLSListings
Property Description
Now available: a rare opportunity to acquire a well-maintained 25-unit boutique motel in the heart of Salinas, California. This well-maintained, two-story motel features an on-site office with the owners' living quarters, including 2 bedrooms, 2 bathrooms, a spacious kitchen & family room combo, and a separate living room. Recent upgrades to the entire building include double-pane windows throughout, a 400-amp electrical system, updated plumbing with a water softening system, an oversized water heater with room for expansion, and ongoing regularly scheduled maintenance of each unit. The roof was serviced in 2014, and the property was fumigated both recently and historically. Additional amenities include Comcast TV/WiFi, a 15-camera security system, and an efficient booking setup, with integrations to major platforms. All guest rooms feature A/C units for added comfort. The site features 25 parking spaces, including two ADA-compliant spots and two electric charging stations. Ideal for hands-on operators or investors looking for a prime asset with strong potential. - The seller is open to carrying a portion of the purchase price for qualified buyers. Attractive terms and flexible structure may be considered.
Location
State CA
County Monterey
Interior
Fireplace No
Exterior
Handicap Access Customized Wheelchair Accessible
Building
Water Public
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Adam Shoop
Broker Associate at LPT Realty | Lic# 1782227