Property Address: 1938 First Street
Napa, CA 94559
Contact: Matt Connolly & Brian Dodd, Brokers
Strong & Hayden Commercial Real Estate
433 Soscol Ave. A110
Napa, California 94559
Contact Email: firstname.lastname@example.org
Contact Telephone: (707) 226-2661
Contact Toll-free: n/a
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Property URL: https://www.1938first.com/
Date Business Established: 01/01/2001
Trade Association Affiliations: n/a
Financials Verified: Yes
Area Description: Napa is one of the most strategically located visitor destinations in the U.S. It is the leading wine region worldwide and home to over 750 acclaimed wineries, a premiere collection of resorts, chef-driven restaurants, cultural and entertainment venues, events and amenities that distinguishes it among other world-class destinations.
All year round, the region attracts visitors eager to sample Napa’s wine country lifestyle. Attracting increasing numbers of aspiring professionals and younger wine enthusiasts, Napa Valley is the destination of choice for Bay Area weekenders from all over California and multi-night visitors from across the U.S. and globe.
- The Napa-Sonoma region welcomes approximately 6.5 million regional, national and international visitors per year with most overnight guests staying three nights.
- Average Visitor Household Income is $192,000.
- 67% of all visitor to Napa Valley visit the city of Napa during their trip.
Site Description: The property is in downtown Napa and about 1/3 of a mile to the downtown core. The inn is in a neighborhood of buildings like itself, beautiful and historic.
The property is well-parked and has a peaceful outdoor patio. There are two structures: the main house and carriage house, each with 5 rooms. Each bedroom has it’s own bathroom and climate control. The inn also has an innkeepers quarters.
Structural Description: The historic building was built in 1905 and was converted into a bed and breakfast, with the carriage house addition, in 2001. The property was purchased and remodeled by the current owners in 2006. After Napa’s earthquake, there was no significant structural damage but the foundation needed replacement. So now the foundation is brand new. The entire inn undergoes annual maintenance too.
Offering: The asking price is REDUCED TO $4,600,000
$5,200,000. Financials and tours are available upon execution of Confidentiality Agreement. Please click the link below to view the document:
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