1213 Foothill Blvd
Calistoga, CA 94515
Approved Development Opportunity · Hospitality Property For Sale
·
3,332 SF
Investment Highlights
- Outstanding opportunity to bring a unique landmark luxury boutique hotel to the market in the Napa Valley
- Building permit ready plans available: architectural, civil engineering, structural engineering, geotechnical, etc.
- Project will include commercial kitchen, dining room and outdoor dining
- Fully approved project with all entitlements in place
- Lodging - project will have 13 luxury suites (potentially up to 20)
- Project will include luxury spa
Property Facts
Amenities
- Balcony
- High Speed Internet Access
- Bed & Breakfast
- Public Access Wifi
- Smoke-Free
About 1213 FOOTHILL BLVD , CALISTOGA, CA 94515
Unique opportunity to bring a landmark luxury boutique hotel to the market. Offering includes 2 parcels with existing successful B&B, cottage and approved build ready plans to be developed into a preeminent luxury hotel with 13 large suites (potentially up to 20), commercial kitchen, restaurant and luxury spa. Three distinct complementary lines of business combine for an exceptional investment return potential. Perhaps design around well known chef or wine label General Overview of Existing Property ·Main House: ·Built in 1912, complete renovation and modernization in 2007 - 3,332 +/- sf with 6 bedrooms 6 baths. ·Currently operating as a successful high end B&B with $400,000 +/- annual gross revenue, occupancy consistently in the 75%-80% range and gross ADR’s approaching $300 per night ·Trip Advisor Hall of Fame for winning Certificate of Excellence every year since inception in 2011 · Strong client database of 10,000 past guests ·City Sewer & Water The Craftsman Inn ·Cottage: ·Built in 1940 - 700+/- sf with 2 bedrooms 1 bath ·Currently operating as a profitable long term rental unit ·City Sewer & Water
Property Taxes
| Parcel Number | 011-310-005 | Improvements Assessment | $733,300 |
| Land Assessment | $501,802 | Total Assessment | $1,235,102 |
Property Taxes
