327 Franklin StFort Bragg, CA 95437

Property Details for 327 Franklin St

Lot size

0.12 AC

Property type

Other commercial real estate

APN

008-152-15-00

APU

81521500

Description

This exceptional investment opportunity presents a 7-unit motel located at 327 South Franklin Street, Fort Bragg, CA 95437. The property, built in 1940, boasts a total of 6,156 square feet situated on a generous 1.17-acre lot comprised of four separate Assessor's Parcel Numbers (APN: 0081730700). The asking price is $1,695,000, translating to a land value of $275.34 per square foot. Included in the sale are two residential properties: a three-bedroom, two-bathroom home, potentially ideal for an owner or manager's residence, and an additional two-bedroom, one-bathroom house situated on its own corner lot. The motel itself offers significant potential for renovation, repurposing, or expansion. The property is zoned GC, and a substantial portion of the land remains undeveloped, presenting further development opportunities. This coastal California property offers a unique blend of hospitality and residential real estate, making it an attractive investment prospect. The property's location in Fort Bragg provides access to the area's thriving tourism industry. This is a rare chance to acquire a substantial property with multiple income streams and significant upside potential.

• Alternative Use

  Use

  Valuation

  Residential

  $1,662,136

  Hospitality

  $1,522,507

  Educational

  $1,266,708

  Medical

  $1,310,272

  Retail

  $1,970,435

Location Insight

City

Fort Bragg

County

Mendocino

State

California

Latitude

39.4448

Longitude

-123.805

CBSA code

46380

CBSA name

UKIAH, CA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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