Historic hotel, cash flow opportunity, liquor license, Northern California

Mortgage and Lending with People's Mortgage Company NMLS #274079

Historic hotel, cash flow opportunity, liquor license, Northern California

30 S. Lassen Street
Susanville, CA 96130
Historic hotel, cash flow opportunity
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Jeff Cole
CA DRE #01389839

Office: 760-436-8773
Mobile: 760-525-7787
Website: Visit Website

Price : $1,295,000
Bedrooms : 50
Bathrooms : 50
Square Foot : 34,000
County : Lassen
Property Type : Detached
Year Built : 1926
MLS Number : 110042933

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Property Description
The Hotel Mt. Lassen is a 34,000 sq ft Historic (1926) Hotel in the heart of small town America, located at a 4500 ft elevation at the base of the Sierra Nevada Mountains. This unique, three story plus full basement, multi-purpose building was "state of the art" for the time built with 11" thick reinforced poured concrete, elevator, numerous commercial units and all 60 rooms "en-suite" at an original cost of more than $300,000. Currently the building consists of a 50 room hotel (many are now one bedroom suites), 6 commercial spaces, 3 separate banquet and meeting facilities,multiple restaurants and a bar/pub (#47 liquor license in place). Event space for banquet/meeting/wedding facilities with new tables/chairs/dance floor/all the extras. Guest demand is high for easy day trips to Lassen Volcanic National Park, Eagle Lake, etc. Property is currently under restoration and is being sold "AS IS".
Equal Housing Opportunity.
The Guiltinan Group/The Jeff Cole Group : 320 Encinitas Blvd - Encinitas Ca 92024 : 760-436-8773

Check out this option to own a piece of history. Built in 1926 this little gem of California gold country history is a true charmer. Boasting 60 rooms with 50 of them being hotel suites, several restaurants and a "47" liquor license.

This historic hotel, cash flow opportunity, liquor license is just what that retired couple or young family needs for total independence and a fun old west dream come true.

The local area close to this Historic hotel, cash flow opportunity is famous for its fishing, hunting, water sports and mountain sports actiivities with several ski basins within a couple hours drive.

This part of Northern California is extraordinarily rich with history, culture and stories from thousands of immigrant families that made this part of California what it is today.

Do not miss the opportunity to buy in to the past and enjoy a life full of fun and abundance. Call now and tour this Historic hotel, cash flow opportunity today because this one will definitely not last.

Priced right for the entrepreneur to make an immediate opportunity out of this Historic hotel, cash flow opportunity.

Historic hotel, cash flow opportunity, liquor license, Northern California

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Chris McBrearty View more properties 


Chris McBrearty, CMPS

NMLS #274079



People's Mortgage Company

7200 Parkway Drive, Suite 106

La Mesa, CA 91942



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