I-5 Mt. Shasta View Development Opportunity | 4221 Siskiyou Ave
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I-5 Mt. Shasta View Development Opportunity 4221 Siskiyou Ave
30 Room Hotel Dunsmuir, CA 96025 $934,113 CAD ($31,137 CAD/Room)
Executive Summary
Re-Zoning Complete! Prime Location off Interstate 5! Priced to Sell!
The subject parcel benefits from Fantastic Interstate 5 Visibility at a dedicated Off Ramp, with Majestic and Priceless Views of Mount Shasta from all over the parcel. The location has been a Crown Jewel stop Strategically between San Francisco Bay Area and Portland Oregon. In addition to a famed travel stop, it is the Gateway to the Pacific Crest Trail, Mountain, Forest, and other Outdoor Recreation Destinations. A Zoning change for this 1.5 +/- Acre has just been completed. The new MU-3 – Central Mixed Use Zoning allows for many varied uses. This opportunity could involve redevelopment of past use with potential expansion, or a completely new concept. The past use was an Iconic Inn with Restaurant, Lounge, Bowling Alley, and Pool. The rezoning opens up opportunities for new development that can include potential for Convenience businesses with proximity to Interstate, varied types of Housing, a combination of both, and so much more. Create your major development with new zoning already in place! ( Buyer to perform all due diligence and not rely on any marketing information, as Seller, Berkshire Hathaway / Broker do not accept any liability for any error or omission )
The subject parcel benefits from Fantastic Interstate 5 Visibility at a dedicated Off Ramp, with Majestic and Priceless Views of Mount Shasta from all over the parcel. The location has been a Crown Jewel stop Strategically between San Francisco Bay Area and Portland Oregon. In addition to a famed travel stop, it is the Gateway to the Pacific Crest Trail, Mountain, Forest, and other Outdoor Recreation Destinations. A Zoning change for this 1.5 +/- Acre has just been completed. The new MU-3 – Central Mixed Use Zoning allows for many varied uses. This opportunity could involve redevelopment of past use with potential expansion, or a completely new concept. The past use was an Iconic Inn with Restaurant, Lounge, Bowling Alley, and Pool. The rezoning opens up opportunities for new development that can include potential for Convenience businesses with proximity to Interstate, varied types of Housing, a combination of both, and so much more. Create your major development with new zoning already in place! ( Buyer to perform all due diligence and not rely on any marketing information, as Seller, Berkshire Hathaway / Broker do not accept any liability for any error or omission )
Property Facts
| Price | $934,113 CAD | Lot Size | 1.50 AC |
| Price Per Room | $31,137 CAD | Building Size | 26,538 SF |
| Sale Type | Investment | No. Rooms | 30 |
| Sale Conditions | Redevelopment Project | No. Stories | 1 |
| Property Type | Hospitality | Year Built | 1950 |
| Property Subtype | Hotel | Parking Ratio | 1.39/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Price | $934,113 CAD |
| Price Per Room | $31,137 CAD |
| Sale Type | Investment |
| Sale Conditions | Redevelopment Project |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.50 AC |
| Building Size | 26,538 SF |
| No. Rooms | 30 |
| No. Stories | 1 |
| Year Built | 1950 |
| Parking Ratio | 1.39/1,000 SF |
| Corridor | Exterior |
Amenities
- Restaurant
- Destination Resort
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 30 | $77.96 CAD | - |
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PROPERTY TAXES
| Parcel Number | 059-030-010 | Improvements Assessment | $351,172 CAD |
| Land Assessment | $146,322 CAD | Total Assessment | $497,494 CAD |
PROPERTY TAXES
Parcel Number
059-030-010
Land Assessment
$146,322 CAD
Improvements Assessment
$351,172 CAD
Total Assessment
$497,494 CAD
zoning
| Zoning Code | MU 3 (CENTRAL MIXED USE, MU-3) |
| MU 3 (CENTRAL MIXED USE, MU-3) |
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I-5 Mt. Shasta View Development Opportunity | 4221 Siskiyou Ave
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