$2,999,000
For Sale

640 State Highway 12

Rio Vista, CA 94571
Listing Office5 Star Real Estate
Browse 59 photos
Type:Purchase
Structure:Commercial
Zone:Commercial

Description

A remodeled mid-century-style motel featuring 15 rentable units and an expansive 1,200-square-foot lobby and office quarters, Rio Grove Motel creates a welcoming atmosphere. With an impressive daily traffic count of 80,000 cars, it stands out as a unique boutique-style accommodation option. The double-sized suites are equipped with kitchenettes and quartz countertops, bartops, sinks, hotplates, and microwaves. Units include wall-to-wall polished tile and modern amenities. The oversized lobby features office space, an additional bedroom, a shower for staff, and a public bathroom. Modern conveniences include touchless faucets, energy-efficient Amana heating/air units, and fire sprinklers. Freshly paved parking lot with 16 spaces and sidewalks. and truncated walkways for accessibility. It is one of only two motels in a 25-mile span of Highway 12 and close to the planned ‘California Forever’ development.

  • Property Details
      • Property SubtypeCommercialSale
      • Original List Price$3,500,000
      • Property TypePurchase
      • MLS #41073256
      • MLS #41073256
      • Cost2999000
      • CountySolano
      • Acres0.44
      • Year Built1954
      • Taxes Annual$0

Location

Augie MendozaReal Estate Group
$
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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