Grass Valley, CA 95945,Address not disclosed

$1,250,000

Est. payment /mo

$1,299,000

3.8%
Est.Price: ?

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Address not disclosed Grass Valley, CA 95945

0.42 Acres Lot

SOLD DATE : 01/31/2021

Key Details

Sold Price $1,250,000

Property Type Commercial

Sub Type Office

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 16603115

Sold Date 01/31/21

HOA Y/N No

Year Built 1940

Lot Size 0.420 Acres

Acres 0.42

Property Sub-Type Office

Source MLS Metrolist

Property Description

The Sierra Mountain Inn is the second oldest continually operating lodging facility in the historic gold mining town of Grass Valley, second only to the Holbrooke Hotel. Historic records show the first four guest rooms were built approximately in 1933 on land that was then a dairy farm. In 2002, current owners bought the Inn and embarked on a ground up restoration with the vision of adding The Sierra Mountain Inn to the new trend of restored 1930s and 1940s boutique motels throughout the country. After the renovation, the Inn was reopened in 2004 and has enjoyed great success ever since. The Inn has been one of the top rated hotels by TripAdvisor and many other online reservation booking and rating companies. There are currently 12 rooms two are 2-bedroom, 2-bath suites, three are 2-bedroom, 1-bath suites, the rest are 1-bedroom, 1-bath guestrooms. There is also a stand alone cottage and a 1-bedroom, 1-bath unit for a manager which has an attic. (Fin. & O.M. available upon req.)

Location

State CA

County Nevada

Area 13105

Direction Located on West Main within short walking distance of Historic Downtown Grass Valley

Interior

Heating MultiUnits

Cooling MultiUnits

Flooring Carpet, Marble, Tile

Exterior

Water Access Desc Public

Roof Type Composition

Building

Story 1

Sewer Public Sewer

Water Public

Others

Senior Community No

Tax ID 08-300-58-000

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MetroList® Services, Inc
Listed by Coldwell Banker Grass Roots Realty
Bought with Coldwell Banker Grass Roots Realty
agent
Colby Paul Druckenmiller

Agent | License ID: 02175857

+1(916) 918-9594 | colbysellshouses@gmail.com

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