Riverside Inn $735,000

Charming inn with knotty pine paneling, handmade quilts, etc. Located on bank of Downie River. 5 rooms have kitchens/another 4 have micro/ref. Four rooms plus hospitality room have propane fireplaces. Large laundry room with commercial washer/dryer new in '06. Large workshop. Sewing room. Some covered parking, more leased parking. Beautiful landscaping, outdoor areas, and BBQs. River patio. Returning guests say "our room." Built in 1947-48/opened in May '48. Many reservations already for 2010. Families come back year-after-year. Mountain bike famous; gold-rush-town lives on. Still gold panning, fishing, hiking, bird watching, snow shoeing, snow mobiling. Pacific Crest Trail nearby. AAA approved. Entire downstairs redone in 2006. All cash to seller or possible short-term second available. 85% institutional financing available. Suite or another room can be used as owner's quarters.

Details

  • Built in 1947
  • 62 years as B&B
  • Last renovation in 2006
  • 11 Guest Rooms
  • 11 Guest Bathrooms
  • 10 Parking Spots
  • Has owner's quarters
  • $735,000
  • 50% annual. occ. rate
  • $103.00 avg daily rate

Listing Agent

Dee Bulanti
334 Main Street
Downieville, CA 95936

Phone: 1.530.2893377
Cell: 1.530.2893377
email: dee@sierracountyrealty.com

Location

206 Commercial Street Downieville, CA 95936-0176

Photos (click to enlarge)

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