Log In/Sign Up
Your email has been sent.
The Washington Hotel 15432 Washington Rd 8,206 SF 100% Leased Retail Building Washington, CA 95986 $995,000 ($121.25/SF) 11.50% Cap Rate
Investment Highlights
- Type 47 liquor license conveys with the sale at no additional cost; estimated standalone market value of approximately $175,000.
- Hotel occupancy currently operating at approximately 10% against 60%+ averages at comparable Nevada City and Grass Valley properties.
- 2025 actuals: $595,036 gross revenue and $114,648 adjusted NOI, an 11.5% cap rate at the $995,000 asking price.
- Direct South Yuba River frontage with a 2,172 SF, 2BD/1BA owner’s apartment occupying the full third floor.
Executive Summary
Tucker Commercial is pleased to present the Washington Hotel, a Gold Rush–era riverfront hospitality property in the town of Washington, California. Constructed in 1865 and last renovated in 2017, the property is the commercial anchor of its community and the town’s sole gathering place.
The offering comprises 8,602 square feet across three levels on a 0.51-acre parcel, including 14 guest rooms, a full-service restaurant and bar with commercial kitchen, a riverfront beer garden, and a 2,172 square foot two-bedroom, one-bath owner’s apartment on the third floor. The property fronts the South Yuba River with direct access to a regionally known swimming hole.
The 2025 operating year produced $595,036 in gross revenue, with food and beverage accounting for approximately 82% of sales. A Type 47 liquor license is included in the sale at no additional cost and carries an estimated standalone value of approximately $175,000. Adjusted NOI is $114,648, an 11.5% capitalization rate on the $995,000 asking price. Apartment rent of approximately $1,800 per month is not included in that figure, as the unit is owner-occupied.
Hotel occupancy is operating at approximately 10%, against 60%-plus averages at comparable properties in Nevada City and Grass Valley. The two premium rooms with private bathrooms book consistently; the balance are hostel-style rooms serving outdoor-focused visitors. An operator with OTA distribution and targeted marketing has a clear path to increased occupancy and RevPAR. The owner’s apartment is available for owner-operator use or can be converted to rental income.
Washington, CA sits along the South Yuba River in the Sierra Nevada foothills, approximately 45 minutes northeast of Nevada City and Grass Valley and one hour from Truckee. The market draws outdoor recreation traffic year-round, including OHV riders, fly fishermen, and river visitors. The property has no direct competition in its trade area.
The offering qualifies for SBA 7(a) and 504 financing. Financial statements and additional due diligence materials are available upon execution of a confidentiality agreement.
The offering comprises 8,602 square feet across three levels on a 0.51-acre parcel, including 14 guest rooms, a full-service restaurant and bar with commercial kitchen, a riverfront beer garden, and a 2,172 square foot two-bedroom, one-bath owner’s apartment on the third floor. The property fronts the South Yuba River with direct access to a regionally known swimming hole.
The 2025 operating year produced $595,036 in gross revenue, with food and beverage accounting for approximately 82% of sales. A Type 47 liquor license is included in the sale at no additional cost and carries an estimated standalone value of approximately $175,000. Adjusted NOI is $114,648, an 11.5% capitalization rate on the $995,000 asking price. Apartment rent of approximately $1,800 per month is not included in that figure, as the unit is owner-occupied.
Hotel occupancy is operating at approximately 10%, against 60%-plus averages at comparable properties in Nevada City and Grass Valley. The two premium rooms with private bathrooms book consistently; the balance are hostel-style rooms serving outdoor-focused visitors. An operator with OTA distribution and targeted marketing has a clear path to increased occupancy and RevPAR. The owner’s apartment is available for owner-operator use or can be converted to rental income.
Washington, CA sits along the South Yuba River in the Sierra Nevada foothills, approximately 45 minutes northeast of Nevada City and Grass Valley and one hour from Truckee. The market draws outdoor recreation traffic year-round, including OHV riders, fly fishermen, and river visitors. The property has no direct competition in its trade area.
The offering qualifies for SBA 7(a) and 504 financing. Financial statements and additional due diligence materials are available upon execution of a confidentiality agreement.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
8,206 SF
Building Class
C
Year Built/Renovated
1865/2017
Price
$995,000
Price Per SF
$121.25
Cap Rate
11.50%
NOI
$114,425
Percent Leased
100%
Building Height
3 Stories
Building FAR
0.37
Lot Size
0.51 AC
Opportunity Zone
Yes
Zoning
C-1
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 064-060-053-000 | Improvements Assessment | $544,126 |
| Land Assessment | $177,566 | Total Assessment | $721,692 |
Property Taxes
Parcel Number
064-060-053-000
Land Assessment
$177,566
Improvements Assessment
$544,126
Total Assessment
$721,692
1 of 70
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
The Washington Hotel | 15432 Washington Rd