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Price Improvement Please Inquire! 8425 Moss Landing Rd 30 Room Hotel Moss Landing, CA 95039 $19,713,307 CAD ($657,110 CAD/Room)

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EXECUTIVE SUMMARY

Mixed use with HOTEL, HIGHWAY COMMERCIAL AND RETAIL, and POSSIBLE INSTITUTIONAL USE. This is an opportunity for an owner/operator hotel or investment group to purchase this project that took almost 20 years to get approvals and build. There is a total of 30,000 sq feet separated into four buildings with wonderful views of the prestigious and world recognized Elkorn Slough National Estuarine Reserve. The hotel is three stories with 30 rooms and occupies 15,416 sq feet. Additionally, there is approximately 15,000 sq feet of retail space with lots of water credits for a 7,000 sq foot restaurant or brewery. The property is located in the coastal zone on 2 ½ acres at the center of the Monterey Bay.
There is high branding visibility fronting on Highway 1 with over 60,000 cars passing by daily. Moss Landing is known for its picturesque harbor, which serves as a hub for kayaking, sport fishing and bird watching. The area is also home to several marine research institutions, including the Moss Landing Marine Laboratories, which advances ecotourism and marine science education and research. The hotel complex is a 20 minute drive to either Monterey or Santa Cruz. Because of changes in zoning, land use and Coastal Commission requirements, this project could not be replicated.

PROPERTY FACTS

Price $19,713,307 CAD
Price Per Room $657,110 CAD
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 2.50 AC
Building Size 30,000 SF
No. Rooms 30
No. Stories 1
Year Built 2020
Parking Ratio 2.97/1,000 SF
Corridor Interior
Zoning RC(CZ) - Resource-Conservation Zoning

AMENITIES

  • Business Center
  • High Speed Internet Access
  • Public Access Wifi
  • Smoke-Free

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Guest Room 30 $213.04 CAD -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
133-221-006-000
Land Assessment
$2,065,327 CAD
Improvements Assessment
$5,608,989 CAD
Total Assessment
$7,674,316 CAD
  • Listing ID: 32248913

  • Date on Market: 2024-06-25

  • Last Updated:

  • Address: 8425 Moss Landing Rd, Moss Landing, CA 95039

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