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Property Detail

1 Davenport Ave, Davenport, CA 95017, USA
Busy tourist destination
$3,900,000

Description

INVESTMENT HIGHLIGHTS

  • 14,700 cars per day peak month pass property on Pacific Coast Highway, Highway 1
  •  
  • Iconic building, Inn, Restaurant and Saloon
  •  
  • Rich seasoned and age wood interior adds true Roadhouse style atmosphere
  • Busy tourist destination
  •  
  • Across the street from glass beach
  •  
  • Restaurants and bakery walk to

EXECUTIVE SUMMARY

Davenport, CA a Historic and small quaint town known as a popular tourist destination year around. All of the guest rooms are completely new from the studs out including furniture and fixtures et al in late Summer 2023. The roof is brand new as of (8/23). All of the public space restaurant and saloon are in equally new condition. The location offers Monterey Bay views and public beach access directly across the street. The sale includes both the real estate, structures and the business, includes 9 room Inn and easy potential for 3 more. A full service restaurant, Saloon, indoor & outdoor dining and event seating. The outdoor venue for weddings and events is supported with ample parking. Growth of the business and structures with development of the contiguous half acre zoned C-1 lot or, investigate a residential mixed use opportunity. This offering includes that contiguous vacant and valuable half acre lot APN 058-082-09 Zoned C-1. Vacant lot may be sold separately. CALTRANS Traffic Stats: Cars per day in peak month 14,700. Enjoy neighboring restaurants, bakery, attractions like 1914 Jail, 1914 concrete church and Abalone farm. OWNER WILL TRAIN/TRANSITION BUYER for a period. The recent price adjustment reflects the more than $1.5M of renovation and updating of the overall property since current owners purchase.
See our off market opportunities at; californialandbank.com
 

AMENITIES

  • Balcony
  • Restaurant
  • On-Site Retail
  • High Speed Internet Access
  • Patio
  • On-Site Bar
  • Public Access Wifi
  • Smoke-Free

ROOM MIX INFORMATION

DESCRIPTIONNO. ROOMSDAILY RATESF
Guest Room9$145.00

 

PROPERTY TAXES

 

Paul Zech

+1 831-247-3007

Specification

General

  • 8865
  • 0.8700
  • Investment
  • C-1 (C-1 Commercial and Commercial Neighborhood)
  • 1977
  • 2022
  • 9

Hospitality

Davenport Roadhouse-Saloon-Restaurant-Inn

Listing ID : 00175

SKU: 175

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