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763 N Main St
Fort Bragg, CA 95437

OMEO Suites Glass Beach · Hospitality Property For Sale · 15,206 SF

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.01 AC
Building Size 15,206 SF
No. Stories 2
Year Built 1976
Parking Ratio 3.95/1,000 SF
Corridor Exterior

Amenities

  • High Speed Internet Access
  • Public Access Wifi

About 763 N Main St , Fort Bragg, CA 95437

This two-story franchise hotel has 49 rooms and has exterior corridor. It has been maintained in an excellent condition. The new owner has conducted an over a million of dollars renovation since the acquisition in 2018. Room interiors have been completely upgraded. Room rates and occupancy rates have both increased dramatically. Since the pandemic recovery, the revenue has almost doubled. The guest rooms contain a micro-fridge combo along with free WiFi. It includes a breakfast option for guests in the morning along with ample parking for larger vehicles. Also included on this property is an on-site restaurant/cafe which has an established well-known reputation that the hotel leases to. Fort Bragg is a booming tourist location and this hotel is in the heart of the city, which is also the largest coastal city in Mendocino County. It is situated on U.S. Highway 1, which travels along the Pacific coast throughout California. The hotel is within walking distance to the popular Glass Beach. It is also in short proximity to the prestigious Mendocino Coast Botanical Gardens. Whale Watching is one of the most popular attractions during the winter and spring as it brings thousands of visitors every year, retired senior citizens and young backpackers alike.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 008-043-18-00
  • 008-043-15-00
  • 008-043-19-00
Land Assessment
$2,270,661
Improvements Assessment
$1,669,078
Total Assessment
$3,939,739

zoning

Zoning Code R4
R4
  • Listing ID: 26735740

  • Date on Market: 2022-09-29

  • Last Updated:

  • Address: 763 N Main St, Fort Bragg, CA 95437

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