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The Washington Hotel 15432 Washington Rd 8,206 SF 100% Leased Retail Building Washington, CA 95986 $1,388,940 CAD ($169.26 CAD/SF) 8.90% Cap Rate
INVESTMENT HIGHLIGHTS
- The Washington Hotel is presented for sale with immediate yield with clear operational upside
- There is also a revenue generating bar and restaurant with a commercial kitchen on-site
- This investment sale includes a Type-47 Liquor License
- Property offers a third-floor two-bed/ one-bath apartment
EXECUTIVE SUMMARY
Historic Riverfront Hotel + Thriving Bar/Restaurant | SBA Eligible
Coldwell Banker Commercial Grass Roots Realty is pleased to present the Washington Hotel, a rare opportunity to acquire a Gold Rush-era riverfront hospitality asset in Washington, CA. Positioned directly on the South Yuba River, this iconic 8,206 SF, mixed-use property includes:
- 14 guest rooms
- A high-performing full-service restaurant & bar
- A 2BD/1BA apartment (2,172 SF) on the third floor
Currently generating approx. $533,000 in annual gross income (2024), the restaurant and bar produce ~85% of revenue, benefiting from a Type 47 liquor license (included, est. $175K value). Assuming market rent for the apartment, pro forma income reaches $555,000, with ~$88,000 in NOI, equating to an 8.9% cap rate at $995,000($121/SF).
With a well-established food & beverage business, tremendous hospitality upside, and SBA financing potential, the Washington Hotel is an exceptional opportunity to own a cash-flowing asset with deep historic charm and outdoor appeal.
Investment Highlights:
- 8,206 SF on 0.51 acres across 3 floors
- 14-room hotel with significant upside (10% occupancy)
- Bar & restaurant with riverfront beer garden and full commercial kitchen
- Immediately achievable 8.9% cap rate upon renting the apartment at market rate
- Third-floor 2BD/1BA apartment offers owner-occupant or rental flexibility
- Direct river access to one of the region’s premier swimming holes
- Constructed in 1865, renovated in 2017
Coldwell Banker Commercial Grass Roots Realty is pleased to present the Washington Hotel, a rare opportunity to acquire a Gold Rush-era riverfront hospitality asset in Washington, CA. Positioned directly on the South Yuba River, this iconic 8,206 SF, mixed-use property includes:
- 14 guest rooms
- A high-performing full-service restaurant & bar
- A 2BD/1BA apartment (2,172 SF) on the third floor
Currently generating approx. $533,000 in annual gross income (2024), the restaurant and bar produce ~85% of revenue, benefiting from a Type 47 liquor license (included, est. $175K value). Assuming market rent for the apartment, pro forma income reaches $555,000, with ~$88,000 in NOI, equating to an 8.9% cap rate at $995,000($121/SF).
With a well-established food & beverage business, tremendous hospitality upside, and SBA financing potential, the Washington Hotel is an exceptional opportunity to own a cash-flowing asset with deep historic charm and outdoor appeal.
Investment Highlights:
- 8,206 SF on 0.51 acres across 3 floors
- 14-room hotel with significant upside (10% occupancy)
- Bar & restaurant with riverfront beer garden and full commercial kitchen
- Immediately achievable 8.9% cap rate upon renting the apartment at market rate
- Third-floor 2BD/1BA apartment offers owner-occupant or rental flexibility
- Direct river access to one of the region’s premier swimming holes
- Constructed in 1865, renovated in 2017
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
8,206 SF
Building Class
C
Year Built/Renovated
1865/2017
Price
$1,388,940 CAD
Price Per SF
$169.26 CAD
Cap Rate
8.90%
NOI
$123,616 CAD
Percent Leased
100%
Building Height
3 Stories
Building FAR
0.37
Lot Size
0.51 AC
Opportunity Zone
Yes
Zoning
C-1
PROPERTY TAXES
| Parcel Number | 064-060-053-000 | Improvements Assessment | $752,633 CAD |
| Land Assessment | $244,643 CAD | Total Assessment | $997,277 CAD |
PROPERTY TAXES
Parcel Number
064-060-053-000
Land Assessment
$244,643 CAD
Improvements Assessment
$752,633 CAD
Total Assessment
$997,277 CAD
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The Washington Hotel | 15432 Washington Rd
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