Historical Hotel for Lease

San Francisco, CA

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Asking Price

For Lease

Gross Income

N/A

Cash Flow

N/A

Lease

Amount

$35,000

This historical hotel was built in 1907 and was designed by a renowned architect as a luxury hotel and apartments after the 1906 earthquake. The hotel is situated in the heart of San Francisco and is steps away from City Hall, the Public Library, Chinatown, the Wharf, Union Square, the Embarcadero, and the most popular attractions of the City. This hotel residence has 42 rooms and the manager's quarters. Ten of these rooms are protected under the Mayor's Office of Housing for low-income. The hotel was renovated and was recently upgraded, including interior paint, new doors, new showers, stunning tiled floors in the common areas. The building offers wide hallways and high ceilings. This gem offers endless possibilities. Perfect home for students, hi-tech and Bio companies to provide corporate housing. Additionally, 11 rooms for tourists and generate extra revenue. Two retail spaces on the first floor are not included. Eleven rooms are being added for nightly rentals.