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Travel Inn 444 W MacArthur Blvd 40 Room Hotel Oakland, CA 94609 $11,865,320 CAD ($296,633 CAD/Room)

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INVESTMENT HIGHLIGHTS

  • Owner/User Opportunity on ±.48 Acres.
  • Well-maintained building.
  • Expansive Manager’s suite & 9 storage units
  • 40 guest rooms.

EXECUTIVE SUMMARY

The property is a 40-room hospitality-oriented commercial real estate asset located at 436-444 MacArthur Blvd in Oakland, California. In addition to the guest rooms the property host a separate guest reception space, multiple storage spaces and onsite laundry room. Built in 1958, this structure spans a total building area of 14,625 square feet, sitting on a 21,175 square-foot parcel of land. Although built in 1958, the property has undergone multiple upgrades and receives programmed and regular maintenance. The property is zoned Neighborhood Commercial and is currently utilized for hospitality purposes, presenting a flexible investment opportunity with potential for redevelopment into mixed-use or government-contracted housing under its highest and best use.

ATTACHMENTS

Brochure

PROPERTY FACTS

Price $11,865,320 CAD
Price Per Room $296,633 CAD
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 0.49 AC
Building Size 14,625 SF
No. Rooms 40
No. Stories 2
Year Built 1954
Tenancy Single
Parking Ratio 0.53/1,000 SF
Corridor Exterior
Zoning CN-3 - Neighborhood Commercial

AMENITIES

  • High Speed Internet Access
  • Public Access Wifi

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Guest Room 40 $226.14 CAD -
Walk Score®
Walker's Paradise (90)
Transit Score®
Excellent Transit (73)
Bike Score®
Biker's Paradise (98)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 012-0974-044-01
  • 012-0974-043-00
Land Assessment
$1,541,459 CAD
Improvements Assessment
$3,853,650 CAD
Total Assessment
$5,598,294 CAD
  • Listing ID: 32122518

  • Date on Market: 2024-06-13

  • Last Updated:

  • Address: 444 W MacArthur Blvd, Oakland, CA 94609

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