Reduced Price. Lender REO. Currently Closed, Strong Historic Cash Flow. Great Opportunity.
The Joshua Grindle Inn was a very well known Inn with an excellent reputation and strong historic cash flow. In 2012 it produced a gross revenue of approximately $369,000.
The property features ten guestrooms, over 1.5 acres, and detached and spacious owner's quarters. The guestrooms are located within the 1870's Victorian House, the Saltbox Cottage and a three story Water Tower. Six of the rooms include fireplaces, 3 include whirlpool tubs. Other features include a two car garage, private gardens, a massage studio, and an additional room for the owner's guests. All guestrooms and guest area's are furnished, and all furnishings are included in the offering.
Mendocino is an unincorporated community in Mendocino County. The town' s scenic location on a headland surrounded by the Pacific Ocean has made it very popular as an artist colony and with vacationers. The Mendocino Coast was listed as one of the top three places to visit out of 52 to visit in 2014 by the New York Times.
- 10 Guest Rooms
- Lot size: 1.40 acres
- Has owner's quarters
Kathryn Seo, Lodging Brokers Network, Inc.
1443 Main Street
Napa, CA 94559
44800 Little Lake Road Mendocino, CA 95460