$6,000,000
BTC: 260.33633
ETH: 3527.08804
For Sale
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0 bds
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0 ba
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1,634 sqft
Price increase: +$1M / +20.12% (2022/05/10)
Overview
50% INTEREST OF 17,250 SQ. FT. LAND IS BEING SOLD TO BUILD A NEW CONDO OR HOTEL. CURRENTLY OPERATING FOR OVER 8 YEARS IS BIKINI HOSTEL, CAFE & BEER GARDEN. A PROFITABLE 11,200 SQ. FT. HOSTEL HOTEL WITH 35 ROOMS, OVER 200 BEDS, RESTAURANT/BAR WITH 188 CAPACITY, 90 FOOD SERVICE SEATS AND A 5AM ALCOHOL LICENSE. KEEP AS IS OR DEMOLISH & DEVELOP THE LAST GROUND UP OPPORTUNITY ALLOWED OF A NEW HOTEL OR CONDO-HOTEL ON WEST AVE. RECENT ORDINANCE RESTRICTS ANY OTHERS FROM DEVELOPMENT IN THE FUTURE. PRIOR PLANS HAD DESIGN REVIEW BOARD, VARIANCE, & ENTITLEMENT APPROVALS FOR: UP TO 6 STORIES, 34,500 SQ. FT, 66 ROOMS WITH RETAIL, RESTAURANT / LOUNGE TO 5:00AM ALCOHOL LICENSE, VENUE SPACE FOR SPECIAL EVENTS & ROOFTOP POOL & CABANAS OR IF 61 ROOMS, CAN ADD AN INDOOR NIGHT CLUB / BAR.
Facts and features
Type:
Commercial Land
Parking:
No Data
Year Built:
No Data
Lot:
0.33 Acres
Heating:
No Data
Price/sqft:
$3,672
Cooling:
No Data
HOA:
No Data
All facts and features
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Property detailsLot• Lot: 0.33 AcresOther Property Information• Parcel Number: 02-32-33-018-0090• Zoning: 40/MUL M
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Construction detailsType and style• Property Type: Commercial Land• Property Sub Type: Commercial
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Utilities / Green Energy DetailsUtility• Other Utilities Available• Other
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OtherSource details• MLS ID: A10497675Other facts• Lot Features: Corner Lot / Less Than 1 Acre• Living Area: 1634• Water Source: Municipal Water• Lot Size Dimensions: 115x150• Subdivision Name: BAY VIEW SUB
Estimate
$0
Estimated sales range: $0 - $0
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