$1,250,000
$1,299,000
3.8%For more information regarding the value of a property, please contact us for a free consultation.
Address not disclosed Grass Valley, CA 95945
0.42 Acres Lot
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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Bought with Coldwell Banker Grass Roots Realty