|
Sonora City Hotel
145 W. Washington Street
Sonora, California 95370
County: Tuolumne
|
|
|
|
|
|
|
|
|
|
| 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 |
|
|
|
|
|
|
|
|
|
|
|
|
|
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 |
|
|
|