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This Hospitality Property is no longer advertised on LoopNet.ca.

256 Front St
Avila Beach, CA 93424

Inn Avila Beach · Hospitality Property For Sale · 14,860 SF

Investment Highlights

  • This 32-room hotel is averaging nearly 80% occupancy, with an average daily rate of $270.
  • Presently the only direct oceanfront hotel currently for sale in California, making this an even rarer opportunity.
  • The Inn at Avila Beach features a rooftop coffee bar with a sundeck and a three-suite owner's penthouse that can be added back to room inventory.
  • Positioned halfway between San Francisco and Los Angeles in the scenic Avila Beach/San Luis Obispo.
  • No brokers at this time. Please contact owner directly. Do not contact the hotel except through the owner.
  • To purchase 50 % ownership with first option to buy remaining 50 percent

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 0.30 AC
Building Size 14,860 SF
No. Stories 3
Year Built/Renovated 1965/2018
Parking Ratio 1.88/1,000 SF
Corridor Interior

Amenities

  • Balcony
  • High Speed Internet Access
  • Patio
  • Public Access Wifi

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
076-222-017
Land Assessment
$16,680,061
Improvements Assessment
$6,883,902
Total Assessment
$23,563,963

zoning

Zoning Code CR
CR
  • Listing ID: 21113227

  • Date on Market: 2020-10-01

  • Last Updated:

  • Address: 256 Front St, Avila Beach, CA 93424

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