An easy hour’s drive from the San Francisco Bay Area, the City of Napa sits along the banks of the Napa River and overlooks the southern-most gateway to California’s most famed wine growing region. Welcoming year-round visitors from across our Nation and around the World to explore the full length and width of Napa Valley, the City of Napa is accessed via all Wine Country highways and, therefore, presents the perfect location for wine country inns, promising future growth potential.
The City’s “First Street” exit leads to a conveniently-located, sprawling one-storey Bed and Breakfast Inn flanked by Bay Laurels and handsomely nestled under towering, ancient Oaks along Historic Napa Creek. Commanding one of the largest remaining undeveloped “urban” level parcels within the COUNTY of Napa, the Inn is surrounded by properties already annexed to the CITY of Napa. Sellers represent that their COUNTY Inn on its COUNTY parcel – termed by the CITY an “island” parcel -- now is scheduled to be annexed to the CITY. As a result, the offering presents a unique opportunity to savvy hospitality investors and/or aspiring innkeepers who understand the growth potential offered by the City of Napa and hope to gain a foothold in California’s most internationally-celebrated wine country destination, the Napa Valley.
Since Napa COUNTY inns are restricted to fewer guest rooms than those within Napa CITY limits, this COUNTY Inn currently offers five guest suites … but its neighboring inn – one of Napa’s top-rated inns and already annexed to the City --, offers eleven guest suites. The neighboring inn also enjoys a creek-side setting but sits on a smaller parcel, less-than-one-acre (36,155 sf). By contrast, the available inn sports 1.15 acres (50,094 sf) and more creek-side frontage. With a larger lot, the offered inn presents more space to add more guest rooms and accommodate more guest parking – a growth potential opportunity that will be ensured after annexation to the City.
As one of the world’s “Great Wine Capitals,” the City of Napa and immediate surroundings offer more US Michelin-star restaurants than anywhere outside of Manhattan, an ever-growing list of Zagat-rated restaurants, wine bars and tasting rooms, top quality lodging, theaters and galleries and diverse shopping. TripAdvisor travelers consistently vote Napa a top “world” destination! A 2013 University of Vermont study ranked Napa as the “happiest city in America!”
The City of Napa represents a thriving hub for wine country hospitality, fine food and luxury hotels and boasts an economy increasingly based on international tourism. Napa’s award-winning "living river" flood protection project has made the City safer while enhancing the ecosystem and providing stimulus to the economy and quality-of-life benefits. Napa is a city with a low crime rate, a high standard of living, clean air and nearly perfect weather – Napa Valley’s southern end opens up to cool Bay air in contrast to its northern region where a hot, dry climate is typical.
Do not miss this once-in-a-lifetime chance to take advantage of a well-priced property that already neighbors one of Napa’s top-rated inns but also itself offers such growth potential within a market that traditionally offers such high entry barriers. Call or email Hospitality Broker Johanna Welty for further information.
Details
- Built in 1960
- 30 years as B&B
- Last renovation in 1990
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- 5 Guest Rooms
- 5 Guest Bathrooms
- 4201 sq ft
- Lot size: 1.15 acres
- 10 Parking Spots
- Has owner's quarters
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Location
1042 Easum Drive Off First Street Napa, CA 94558
Photos (click to enlarge)
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