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28 S Lassen St
Susanville, CA 96130
Northern California Redevelopment Opportunity · Hospitality Property For Sale
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60 Rooms
Investment Highlights
- Strategic redevelopment opportunity located in a designated Opportunity Zone, providing significant tax benefits for investors and owners.
- First floor includes seven commercial spaces consisting of 11,500 sq ft, with two locations previous restaurant's
- Vacant property with solid concrete, brick, and steel structure, with 9-foot high ceilings in each unit and 6 foot wide large interior hallways
- Features 50 units located on the third and fourth levels with a mix of singles/one bedrooms with large laundry room located on third floor
- Lower level also consist of 11,500 sqft of catering and event spaces great for hosting weddings and special events adding to the ROI
- Great investment opportunity for mixed-use projects, located at one of the busiest intersections, offering high traffic and visibility
Property Facts
| Property Type | Hospitality | No. Rooms | 60 |
| Property Subtype | Hotel | No. Stories | 3 |
| Building Class | C | Year Built/Renovated | 1924/2000 |
| Lot Size | 0.37 AC | Corridor | Interior |
| Building Size | 46,176 SF | ||
| Zoning | Commercial - Located within an Opportunity Zone, this property allows for significant tax benefits, including potential deferrals and reductions on capital gains | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.37 AC |
| Building Size | 46,176 SF |
| No. Rooms | 60 |
| No. Stories | 3 |
| Year Built/Renovated | 1924/2000 |
| Corridor | Interior |
| Zoning | Commercial - Located within an Opportunity Zone, this property allows for significant tax benefits, including potential deferrals and reductions on capital gains |
Amenities
- Restaurant
- On-Site Bar
Property Taxes
| Parcel Number | 103-303-007-000 | Improvements Assessment | $387,894 |
| Land Assessment | $166,235 | Total Assessment | $554,129 |
Property Taxes
Parcel Number
103-303-007-000
Land Assessment
$166,235
Improvements Assessment
$387,894
Total Assessment
$554,129
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