For Sale
$1,200,000

304 Main StAlturas, CA 96101

Thriving Hotel, Restaurant, & More!

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a historic three-story hotel in Alturas, California. Located at 304 S. Main St., this 26,000 square foot property sits on a 0.7-acre lot and boasts a rich history, dating back to 1908. Currently operating as a multi-faceted business, it includes a Starbucks coffee shop, a restaurant (Niles Roadhouse), a saloon (Niles Saloon), and an events venue (JE Niles Events Room and Catering). The hotel itself comprises 37 guest rooms across the second and third floors, including a bridal suite, a two-room suite with kitchenette, and rooms frequently used to house firefighters. The second floor features 13 nicely decorated guest rooms, each uniquely designed. The third floor offers 24 rooms (2 single and 22 double occupancy), along with shared bathrooms and a laundry area. The property also includes a functional kitchen used for catering events and daily restaurant operations. Heating is provided by a wood pellet boiler, wood stoves, and electric heaters in guest rooms. All equipment is included in the sale, and the liquor license is transferable. This corporation-owned property offers significant potential for growth and expansion within a supportive community. The asking price is $1,200,000, with a price per square foot of $46.15. Don't miss this chance to own a piece of Alturas history.

Highlights

  • Modoc County location.
  • Alturas, CA, Northeastern CA location.
  • Historic hotel, built in 1908.
  • Multi-faceted business including hotel, Starbucks, restaurant, saloon, and events venue.
  • 37 hotel rooms, including suites and rooms for firefighters.
  • Events venue with catering kitchen.

Property Details for 304 Main St

Property type
Retail properties, Hospitality properties
Square Feet
26,000 SF
Year Built
1908
Stories
3
Lot Size (sq. ft)
30,492 SF

Location Insight

City
Alturas
County
Summit
State
California
Latitude
41.4824816
Longitude
-120.5420885
304 Main St, Alturas, California

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304 Main St
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