Anderson Inn Morro Bay

$ 4.650.000
897 Embarcadero,
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sold

Overview

  • Updated On:
  • March 2, 2021

Property Description

Western Hotel Brokers, as sole exclusive agent, offers for sale this turn-key 8 unit inn with 2 triple-net commercial lease-holds. Along with the Anderson Inn sit two strong long time tenants: The Galley Seafood Grill & Bar, a Morro Bay destination for both frequent guests, tourists and locals, and the unique boutique By the Bay Gallery.

The Anderson Inn is a contemporary boutique waterfront hotel in the seaside village of Morro Bay, California. Simply inspired by the natural elements of sand, sea, and sky, the Anderson Inn is beautifully unpretentious, a reflection of guest’s sophistication, good taste and lifestyle. Guests feel the distinction, the subtleties and casual style the moment they enter one of the eight elegantly appointed rooms. Each room has a private deck overlooking the harbor.

The Anderson Inn property has two unique and quality driven tenants, with rental income that provides additional revenue for the Anderson Inn property. Whether purchased as family run B&B or as a managed boutique asset, Anderson Inn is a gorgeous property with strong financials with operational upside for a marketing savvy owner-operator.

MORE ABOUT 895-899 EMBARCADERO , MORRO BAY, CA 93442

The coastal setting is reflected in the décor of each of the 8 Rooms spacious rooms – whitewashed wood ceilings, vibrant colors on smooth walls, lush fabrics and textured carpets. The ocean’s trade winds brought indoors. Each room is beautifully appointed with fine furnishings, granite vanities, tiled bathrooms, queen beds, soft linens, cozy comforters and plush robes. Rooms enjoy a private balcony with a view of the bay and Morro Rock. Fireplaces and soaking tubs enhance the harbor front rooms. All rooms are equipped with high-speed Internet and a flat screen television. After a day of adventure on the Central Coast or exploring Morro Bay’s historic Embarcadero, guests appreciate returning to the relaxed, warm and welcoming atmosphere of the Anderson Inn.

Address: 897 Embarcadero
City:
State/County:
Zip: 93442
Country: United States
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Property Id : 1277
Price: $ 4.650.000
Property Lot Size: 11,000.00 ft2
Rooms: 8
Other Features
balcony
fireplace
ocean view
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