2990 Burton Drive

    CAMBRIA, CA 93428
    • $1,450,000
    • STATUS: Active
    • ID#: 40866037
    Price Reduced
    UPDATED: 130 min ago
    $1,450,000
    • 0
      BEDS
    • 0.26
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Business Opportunity
    Built:
    1980
    County:

    School Ratings & Info

    Description

    PRICE REDUCED The inn comprises of two immaculately maintained buildings. The front building includes a reception area, breakfast area, commercial kitchen and an upstairs two bedroom innkeepers unit with living room. The rear building includes seven charmingly appointed guest rooms and a garden for guests to lounge around and enjoy the peaceful surroundings. The inn will be delivered turnkey and with zero capital expenditure for a new owner as the current owners have spent approximately $600,000 dollars in improvements to the Inn since they took over in 2014.

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    © 2019 Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2019-08-23T17:45:44.25.

    www.armariovenemahomes.com/homes/94891951

    2990 Burton Drive CAMBRIA, CA 93428

    • Price: $1,450,000
    • Status: Active
    • Updated: 130 min ago
    • ID#: 40866037
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.26
    Acres
    1980
    Built
    Neighborhood:
    All Other Counties/States
    County:
    San Luis Obispo
    Area:
    All Other Counties/States
    Property Description
    PRICE REDUCED The inn comprises of two immaculately maintained buildings. The front building includes a reception area, breakfast area, commercial kitchen and an upstairs two bedroom innkeepers unit with living room. The rear building includes seven charmingly appointed guest rooms and a garden for guests to lounge around and enjoy the peaceful surroundings. The inn will be delivered turnkey and with zero capital expenditure for a new owner as the current owners have spent approximately $600,000 dollars in improvements to the Inn since they took over in 2014.
    Exterior Features

    Exterior Wood FrameSiding - Wood Garage Or Parking 6 - 10 Spaces Location Other Parking Spaces Total 8 Roof Other Tot Bldg Sq Ft 3967

    Interior Features

    Bus Sq Ft Of Bldg 3967 Cooling None Floors Hardwood Floors Heating Gas

    Property Features

    Annual Act Gross Inc 309819 Annual Insurance Expense 8911 Annual License Expense 31 Annual Misc Inc 5059 Annual Taxes 21911 Annual Utility Expense 19602 Business Name J Patrick House Business Type Hospitality Employees 6 To 10 Existing License And Permits Business LicenseRestrictions Facilities RestroomsWheelchair Access Financial Data Source Provided By Owner Form Of Ownership Other Gross Oper Actual Inc 314879 Lease Type Negotiable Net Oper Income 89717 Other Annual Expense 194308 Sale Includes Fixtures And EquipmentGoodwillInventoryReal EstateTelephone System Special Information None Tenant Expense Common Area MaintenanceElectricExterior MaintenanceFire InsuranceGasHVAC MaintenanceInterior MaintenanceJanitorialLiability InsuranceRoof MaintenanceSite MaintenanceTaxesWaterTrash Terms Conventional Total Annual Operating Expenses 225162 Utilities 220 VoltGasHot WaterPublic SewerPublic Water Year Business Started 2014 Zoning C

    Listing courtesy of David Nelson of Marcus & Millichap.


    © 2019 Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2019-08-23T17:45:44.25.

     
    Armario Venema Homes Real Estate Team at Keller Williams Tri-Valley Realty
    459 Main Street
    Pleasanton CA, 94566