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Listed by Jitu Choudhury • KW Advisors
$ 4,888,888
Est. payment | /mo
6,774 SqFt
$ 4,888,888
Est. payment | /mo
6,774 SqFt
Key Details
Property Type Commercial
Sub Type 5 or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 6,774 sqft
Price per Sqft $721
MLS Listing ID 41052860
HOA Y/N No
Originating Board BAY EAST
Year Built 1946
Lot Size 7,000 Sqft
Property Description
The SRO hotel in South San Francisco is a 29-room establishment located strategically near the downtown area, offering convenience to guests seeking local attractions and transportation. Its prime location ensures consistent occupancy rates and revenue streams, appealing to both business and leisure travelers. With the city's growing tourism industry and well-maintained facilities, investing in this hotel promises financial rewards and participation in a thriving hospitality market. Positioned just a block away from the bustling downtown of South San Francisco, the SRO hotel presents an attractive investment opportunity. Its 29 rooms benefit from high foot traffic and accessibility to local attractions, ensuring a steady flow of guests throughout the year. Renowned for its affordability and comfort, the hotel appeals to both business and leisure travelers, offering investors a stable income source. Moreover, with South San Francisco's flourishing tourism sector and meticulously maintained facilities, investing in this property guarantees not only financial gains but also involvement in a vibrant hospitality market.
Location
State CA
County San Mateo
Interior
Heating Natural Gas, Space Heater, Other
Cooling Wall/Window Unit(s), Other
Flooring Laminate, Linoleum, Partial Carpeting, Vinyl, Carpet, Other
Fireplace No
Appliance Dryer, Washer, Gas Water Heater
Building
Lot Description Corner Lot, Sloped Up
Water Public
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Vander Meulen Real Estate Group
Broker, REALTOR® | Lic# 00842213 | Lic# 02150745