Specializing in the Sale of California Hotels, Motels, Inns, B&B's, and Resorts
Groveland Hotel
18767 Main Street
Groveland, CA
Offered at:
$3,850,000
Guestrooms:
18
SOLD! Lodging Brokers Network is proud to be the exclusive listing broker of the Groveland Hotel in Groveland, California. The historic and newly renovated Groveland Hotel is the oldest hotel in the Yosemite area, and features 18 beautifully appointed guestrooms, wrap-around porches, and a delightful tiered patio. Located on Highway 120, the most direct route, from San Francisco/Sacramento to Yosemite National Park, a year-round international travel destination. Over half a million vehicles pass in front of the hotel each year heading to Yosemite with limited lodging options. Ideal location for Tuolumne River whitewater expeditions, hiking, biking, horseback riding, fishing, golf and a private airport only 5 miles away. The property is comprised of two 2-story buildings totaling 8,100 SF on approximately 1.39 acres, which includes an onsite store and taproom/bourbon bar. The food menu has simple items that any staff can easily prepare regardless of food service background including meat and cheese boards, salads and paninis. The full commercial kitchen could support a more extensive menu and restaurant if desired. Outdoor restaurant space accommodates over 100 people socially distanced. This completely renovated boutique hotel is being offered at an 11% cap rate. Contact Kathryn Proctor at 415-606-4587 for more information. Do NOT contact manager or employees. Appointments made through Listing Broker ONLY.
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