Hotel Project in Palo Alto, CA 94301 FOR SALE ; Hotel; San Mateo County

Hotel Project in Palo Alto, CA 94301 FOR SALE ; Hotel; San Mateo County


 Hotel Project in Palo Alto, CA 94301 FOR SALE ; Hotel; San Mateo County

Property Information

Hotel / Motel For Sale

Price: $26,000,000

No. Rooms: 147

Building Size: 6,000 SF

Price/Room: $176,870.75

Property Type: Hotel & Motel

Property Sub-type: Full Service

Property Use Type: Investment

Construction Status: Under Construction/Proposed

Commission Split: 2%

Lot Size: 2.50 AC

Listing ID: 17360580

Last Updated: 16 days ago

Description

Currently there is a 6,000 sq ft building with a business on 2.5+ acres, zoned service/commercial allowing for a hotel, office complex, church, automobile dealership,Medical Center. City approved plans for a hotel are already available.

High EDT count, easy access.