Specialty Real Estate
31880 California 108 Strawberry, CA 95375
Details & Description
Price: $2,450,000
    DescriptionFully operational cash-flowing 14,362 SF 15-Room Established Water Front Hotel With Restaurant/Bar Lounge and Event Space, situated on year-round Stanislaus River. Strawberry Inn Hotel offers spacious rooms, while being the closest lodging to nearby destinations such as Dodge Ridge Ski Park, Leland High Sierra Snowplay, and Long Barn Lodge Ice Rink. Operated by single operator since 2002, this #1 rated Hotel has beautifully furnished guest suites with a Genuine mountain-experience with heating and private bathroom in each room. There are 2 gazebos that you can dine is as well or have a private party or wedding/corporate event. Strawberry Inn is the #1 choice for Weddings, as well as on-location filming accommodations, reunions, anniversaries, birthdays, retreats, and small business conferences. Gazebo overlooks the Stanislaus River and provides a world class venue for any important occasion. The Strawberry Inn and its surrounding grounds provide the perfect location for a small party or large gathering. Property includes year-round highway access to CA-108.Inn Business Overview:Consists of everything as a Turn-Key deal including: 3-story main building with 15 guest rooms, a full bar with liquor license, very busy restaurant, 2 gazebos, wedding and banquet areas and a separate 4 bedroom 3 bath home with garage. it also includes the domain name, operational website, business assets, and online reservation system. 12 KW propane backup generator, satellite TV, wireless internet, two 500 gallon propane tanks, metal roof. Amenities include an expansive deck, and a modern galley kitchen. Reservation system utilizes website for availability and reservations. Perfect opportunity for a family run business. Would be best as an owner-operator with restaurant experience, someone who enjoys the mountains and the outdoors. This unique property has been a strong performer and has many benefits of ownership that are not usually seen within the hotel business. Steadily increasing clientele continue to add a tour of the Sierras to their trips to the Bay Area, LA, San Diego, San Francisco, Death Valley and Las Vegas, and has become popular with European and Asian travel agencies.Revenue Expansion Overview:As the #1 rated lodging in the Sierra Nevada Mountains on TripAdvisor and Booking.com, gross revenue has increased over the years and has weathered the recent major fires over the past 2 years. 2018 and 2019 gross revenues were $836K, $1 Million, respectively. The good-will produced from this well-established business has benefited from the excellent reputation, accepting drive-by reservations, aggressive online marketing, expansion of existing social media and marketing. This unique property has been a strong performer and has many benefits of ownership that are not usually seen within the hotel business.
    Listing Agents
    Jared Ennis

    O: 559-705-1000
    M: 559-705-1000
    jared@centralcacommercial.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    31880 California 108

    Strawberry, CA 95375

    Listing ID: 191455
    31880 California 108 Strawberry, CA 95375 | for Sale | Photo 1
    Building Size: 14,362 SF
    Lot Size: 1.940 AC
    Land Size: 84,506 SF
    Building $/SF: $170.59
    Land $/SF: $28.99
    Price
    $2,450,000
    Description

    Description

    Fully operational cash-flowing 14,362 SF 15-Room Established Water Front Hotel With Restaurant/Bar Lounge and Event Space, situated on year-round Stanislaus River. Strawberry Inn Hotel offers spacious rooms, while being the closest lodging to nearby destinations such as Dodge Ridge Ski Park, Leland High Sierra Snowplay, and Long Barn Lodge Ice Rink. Operated by single operator since 2002, this #1 rated Hotel has beautifully furnished guest suites with a Genuine mountain-experience with heating and private bathroom in each room. There are 2 gazebos that you can dine is as well or have a private party or wedding/corporate event. Strawberry Inn is the #1 choice for Weddings, as well as on-location filming accommodations, reunions, anniversaries, birthdays, retreats, and small business conferences. Gazebo overlooks the Stanislaus River and provides a world class venue for any important occasion. The Strawberry Inn and its surrounding grounds provide the perfect location for a small party or large gathering. Property includes year-round highway access to CA-108.

    Inn Business Overview:

    Consists of everything as a Turn-Key deal including: 3-story main building with 15 guest rooms, a full bar with liquor license, very busy restaurant, 2 gazebos, wedding and banquet areas and a separate 4 bedroom 3 bath home with garage. it also includes the domain name, operational website, business assets, and online reservation system. 12 KW propane backup generator, satellite TV, wireless internet, two 500 gallon propane tanks, metal roof. Amenities include an expansive deck, and a modern galley kitchen. Reservation system utilizes website for availability and reservations. Perfect opportunity for a family run business. Would be best as an owner-operator with restaurant experience, someone who enjoys the mountains and the outdoors. This unique property has been a strong performer and has many benefits of ownership that are not usually seen within the hotel business. Steadily increasing clientele continue to add a tour of the Sierras to their trips to the Bay Area, LA, San Diego, San Francisco, Death Valley and Las Vegas, and has become popular with European and Asian travel agencies.

    Revenue Expansion Overview:

    As the #1 rated lodging in the Sierra Nevada Mountains on TripAdvisor and Booking.com, gross revenue has increased over the years and has weathered the recent major fires over the past 2 years. 2018 and 2019 gross revenues were $836K, $1 Million, respectively. The good-will produced from this well-established business has benefited from the excellent reputation, accepting drive-by reservations, aggressive online marketing, expansion of existing social media and marketing. This unique property has been a strong performer and has many benefits of ownership that are not usually seen within the hotel business.

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    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     

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    Strawberry Area Market Trends

    Listing Demographics for 31880 California 108 Strawberry, CA 95375

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population22072
    Population Median Age274546
    Population by Age0-9 Yrs0 (0%)0 (0%)3 (4%)
    10-19 Yrs0 (0%)4 (20%)12 (16%)
    20-29 Yrs0 (0%)1 (5%)4 (5%)
    30-39 Yrs0 (0%)0 (0%)4 (5%)
    40-49 Yrs0 (0%)1 (5%)5 (6%)
    50-59 Yrs1 (50%)10 (50%)29 (40%)
    60-69 Yrs0 (0%)1 (5%)7 (9%)
    70+ Yrs0 (0%)2 (10%)8 (11%)
    Median HH Income$44,182$44,186$50,004
    Total Household Income< 24K0 (0%)2 (25%)8 (25%)
    25-49K0 (0%)2 (25%)8 (25%)
    50-74K0 (0%)3 (37%)11 (35%)
    75-99K0 (0%)0 (0%)2 (6%)
    100-199K0 (0%)0 (0%)1 (3%)
    200K+0 (0%)0 (0%)1 (3%)
    Highest Education LevelNo Diploma003
    Diploma or GED1518
    Some College1517
    Assoc. Degree002
    Bachelors Degree1513
    Higher Degree001
    Total Housing Units12107284
    --Owner-Occupied0112
    --Renter-Occupied1719
    Owner-Occupied Values< 100K000
    100-199K002
    200-299K005
    300-399K014
    400-499K000
    500K+000
    Total Working Age Population22067
    In Work Force1831
    Not In Work Force11236
    Workforce Employed1627
    Workforce Unemployed014
    Civlian Workforce1831
    Military Workforce000
    Total Households1831
    Family Households0416
    Non-Family Households0415
    Married Couple0414
    Other Family002
    Married w/Child014
    Single Male w/Child000
    Single Female w/Child001

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    California33,871,648+1037,253,956+940,467,295+843,631,295
    Tuolumne County54,501+255,365-552,771+253,681

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 31880 California 108 in Strawberry?
    The asking price for 31880 California 108 is $2,450,000
    What is the building size of this Specialty property in Strawberry, CA?
    The size of the building/unit at 31880 California 108 in Strawberry is 14,362 square feet
    How much land does the Strawberry, CA property at 31880 California 108 include?
    31880 California 108 in Strawberry includes 1.940 acres of land
    What kind of Specialty is the propery at 31880 California 108?
    The property at 31880 California 108 Strawberry, CA 95375 is listed as a Hotel/Motel/Resort Specialty property
    What is the population within 1 mile of 31880 California 108 in Strawberry?
    The population within 1 mile of 31880 California 108 Strawberry, CA 95375 is 2 people.
    Who do I contact for questions about 31880 California 108?
    You should contact the listing agent, Jared Ennis, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Reno Tahoe International Airport (RNO) 91
    Sacramento International Airport (SMF) 92
    Norman Y. Mineta San Jose International Airport (SJC) 120