1025 Laurel Street

    Santa Cruz, CA 95060
    • $3,900,000
    • STATUS: Active
    • ON SITE: 102 days
    • MLS #: 474257
    UPDATED: 186 min ago
    $3,900,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,000
      SQFT
    • $975
      $/SQFT
    Neighborhood:
    Type:
    Business Opportunity
    Built:
    1982
    County:
    Area:

    School Ratings & Info

    Description

    This is a great investment in an already established hospitality asset, located in a high barrier to entry market. There is a lot of potential for a focused or on-site owner to increase revenues substantially and reduce costs. The Babbling Brook Inn is one of the more unique and beautiful assets that can pay dividends to an owner who gives it a little care and attention.

    Monthly Payment Calculator



    © 2018 San Francisco Association of REALTORS® Multiple Listing Service. All rights reserved. Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS®, but is not warranted. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams San Francisco. Data last updated 2018-11-18T00:19:56.58.
    www.sfhothomes.com/homes/86346215

    1025 Laurel Street Santa Cruz, CA 95060

    • Price: $3,900,000
    • Status: Active
    • Updated: 186 min ago
    • MLS #: 474257
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    4,000
    SQFT
    $975
    $/SQFT
    1982
    Built
    Neighborhood:
    Santa Cruz
    County:
    Santa Cruz
    Area:
    Santa Cruz
    Property Description
    This is a great investment in an already established hospitality asset, located in a high barrier to entry market. There is a lot of potential for a focused or on-site owner to increase revenues substantially and reduce costs. The Babbling Brook Inn is one of the more unique and beautiful assets that can pay dividends to an owner who gives it a little care and attention.
    Exterior Features

    Exterior Wood Lot Dimensions 22441Sqft Lot Square Footage 0.00 Parking Garage Private Lot Roof ShingleTile

    Interior Features

    Floors WoodCarpeted Heating Cooling Electric

    Property Features

    Annual License Fee 0.00 Annual Taxes 0.00 Business Name Babbling Brook Inn Close To ShoppingBus LineFreewayRestaurant Condition Good Cross Street Address California Street District Santa Cruz Est Gross Annual Inc 700000.00 Est Net Income 350000.00 Est Total Annual Exp 350000.00 Facility Description Fenced YardSecurity SystemLandscapingReception RoomRest Room(S)-PrivateCarpetingKitchenLiving QuartersSmoke Detector(S)Fire AlarmFire Sprinkler(S)Handicapped FeaturesWheelchair Access Hours Open Over 10 Hours/Day Includes LandBuildingFictitious Nm Or DbaExisting SignsEquipmentInventoryAccounts ReceivableGoodwill Licenses Business Location Downtown Commercial Miscellaneous Owner Will Train Possession Close Of Escrow Probate Sale No Sale Incl Real Estate Yes Square Footage Source Not Available Type Two Hotel/Motel Utilities Water-PublicHot WaterGasElectricSewer-PublicGarbage CollectionCable Tv Year Established 1982 Years On Option 0 Years Owned 0 Years Remaining On Lease 0 Zoning Commercial

    Listing provided courtesy of David Nelson of Marcus & Millichap.


    © 2018 San Francisco Association of REALTORS® Multiple Listing Service. All rights reserved. Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS®, but is not warranted. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams San Francisco. Data last updated 2018-11-18T00:19:56.58.
     
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