178 Dry Creek Rd, Healdsburg, CA 95448

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List Price
$6,275,000
Status
ACTIVE
Days on Market
261
Price Change
▼ $625,000 1794261523
MLS#
326013974
Subtype
Commercial Sale
Year Built
1992
Lot Size
32,761
Acres
0.75
Neighborhood
Healdsburg
MLS Area Major
Healdsburg

Property Description

A rare opportunity to create your own custom "Luxury Boutique Hotel" in quaint Healdsburg! A diamond in the ruff! Remove Travelodge franchise & create your own custom brand!Sits next door to Hotel Trio! Google Francis House in Calistoga for inspiring luxury ideas! Important amenities needed like an elevator, gate the entire property for privacy & security. Outdoors area, perhaps add a swim spa, small gym, ebikes & dress up outdoor seating area with bbq! Offer Wine & cheese hour in the afternoons + coffee & croissants in the mornings! Enlarging lobby area w/small business center + TV, sharing local events! Add luxury linens, soaps, furniture, wall art + soften the colors inside & out to attract a broader audience. These changes will enhance the look & feel of the place and make it so much more attractive, desirable & competitive in market place. Strict development limitations, lengthy entitlement timelines, & rising construction costs have significantly restricted new hotel supply, making this offering an exceptionally scarce acquisition opportunity! Hospitality markets, supported by strong year-round tourism driven by its internationally recognized wine industry, award-winning culinary scene, & reputation as a premier leisure & wedding destination! Note: Ceasar's of Vegas has partenered with River Rock Casino & is coming to Alexander Valley 2027 + The Smart Train is coming in 2028! The hospitality market in this region attracts consistent high-quality visitation, supporting stable lodging demand. This property is ideally located just off the Dry Creek exit. This three-story property currently features an efficient & well-balanced guestroom mix designed to serve both leisure & extended-stay travelers. The hotel currently operates with 23 guestrooms, w/two (2) additional suite-style guestrooms presently utilized for management purposes. Total physical room count to 25 guestrooms. The guestroom configuration consists of 16 King Guest Rooms, 5 Two-Queen Guest Rooms, 1 ADA-Compliant Guest Room, and 3 Suites. All guest accommodations currently include in-room refrigerator, microwave, workspace, Wi-Fi, & standard furnishings. Healdsburg's strong lodging fundamentals, combined w/significant replacement costs relative to new construction create a compelling investment profile. This hospitality asset offers investors a attractive alternative to ground-up development while maintaining upside potential by operational refinement,repositioning & new branding!

Additional Information

Zoning
CITYHE
Flooring
Tile
Heating
Ductless, Other
Air Conditioning
Ductless, Window/Wall, Other
Stories
3
Levels
Three Or More
Roof
Foam, Other

Listing courtesy of Jacqueline L Wright-Gridley Etchell from W Real Estate

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