Retail Property For Sale - Sonora City Hotel

145 W. Washington Street, Sonora, CA, 95370

 
Arrow

Welcome to LoopNet! Check out the property below or search over 620,000 other properties.

Submit your search for Commercial Real Estate

e.g. Los Angeles, CA or 91016


Browse More Listings

Retail For Sale
Sonora, CA
California

Sonora City Hotel

 

145 W. Washington Street

Sonora, California 95370
County: Tuolumne
 
   Photos
Image 1 of 1
 
 
  For Sale Active  
Property Use Type:Investment
Type:Retail
Free Standing Bldg
Building Size:13,232 SF
Lot Size:0.17 Acres
Occupancy:90.00%
Price:N/A
Price/SF:N/A
Cap Rate:21.00%
Year Built:1900
Date Last Verified:7/27/2008
Property ID:15301241
 
  Options
View the location of this property Map
Access demographics for this location Demographics
Print a summary of this listing Print Summary
Print a summary, maps, demographics and photos Print ALL
 Additional Information 

Property Description:
The property consists of an estimated 13,232 square feet. It is a historic hotel that is now an office/retail/restaurant building on 0.17 acres. It is in the historic business district of Sonora with good visibility and significant frontage on three streets. The two story building was built over 100 years ago and has had several upgrades, eathquake retrofit, and modernization since that time.

Location Description:
"Mother Lode" California foothills location. In the middle of population shift from the Bay Area with influ of tele-commuters that live in the foothills and tele-commute from their homes to bay area offices. Additionally, retirees from all over have been moving to the foothills. Over all trends within Tuolumne County are all positive. Sales revenues are increasing annual as well as population, real estate and unemployment is holding steady. The economy is healthy and is one of the most growth oriented in the California foothill region.

No. Stories:2
TaxID/APN:001-201-01
  Financial Summary Actual  
Year:2006
Scheduled Gross Income:$136,746
Effective Gross Income:$129,909
Operating Expenses:$48,462
Net Operating Income:$81,447
 
  Major Tenant Information
Tenancy Type: Multiple
 
 
  Debt & Equity Information
No Debt & Equity Information Provided
8/22/2007


The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.