Courtesy of: Jacqueline L Wright-Gridley Etchell, W Real Estate, j.etchell@wrealestate.net
Courtesy of: Jacqueline L Wright-Gridley Etchell, W Real Estate, j.etchell@wrealestate.net
$6,900,000
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Lot: 0.75 Acres
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Other
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$6,900,000
178 Dry Creek Road A rare opportunity to create your own custom "Luxury Boutique Hotel" in quaint Healdsburg! A diamond in the ruff! Remove Travelodge franchise & create your own custom brand! Google Francis House in Calistoga for inspiring luxury ideas! Important amenities needed like an elevator, create more exclusivity, gate the entire property! Outdoors, add a swim spa, small gym, ebikes & a outdoor seating area with bbq! Offer Wine & cheese hour in the afternoons + coffee & croissants in the mornings! Enlarging the lobby area w/small business center + TV, sharing local events! Luxury linens, soaps, furniture, wall art images + soften the colors inside & out to attract a broader audience. These changes will enhance the look & feel of the place and make it so much more attractive, desirable & competitive! Strict development limitations, lengthy entitlement timelines, & rising construction costs have significantly restricted new hotel supply, making this offering an exceptionally scarce acquisition opportunity! Hospitality markets, supported by strong year-round tourism driven by its internationally recognized wine industry, award-winning culinary scene, & reputation as a premier leisure & wedding destination! Note: Ceasar's of Vegas has partenered with River Rock Casino & is coming to Alexander Valley 2027 + The Smart Train is coming in 2028! The hospitality market in this region attracts consistent high-quality visitation, supporting stable lodging demand & long-term investment fundamentals. Ideally located just off the Dry Creek exit.this three-story property currently features an efficient & well-balanced guestroom mix designed to serve both leisure & extended-stay travelers. The hotel currently operates with 23 guestrooms, w/two (2) additional suite-style guestrooms presently utilized for management purposes. Total physical room count to 25 guestrooms. The guestroom configuration consists of 16 King Guest Rooms, 5 Two-Queen Guest Rooms, 1 ADA-Compliant Guest Room, and 3 Suites. All guest accommodations currently include in-room refrigerator, microwave, workspace, Wi-Fi, & standard furnishings. Healdsburg's strong lodging fundamentals, combined w/significant replacement costs relative to new construction create a compelling investment profile. This asset offers investors an attractive alternative to ground-up development while maintaining upside potential by operational refinement, repositioning & new branding! Cannot replace at this price!
Courtesy of: Jacqueline L Wright-Gridley Etchell, W Real Estate, j.etchell@wrealestate.net
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