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Hotel-Motel

The San Remo Hotel

2237 Mason St, San Francisco, CA 94133

Listing Price: $15,000,000

Cap Rate
7.80%
Number of Rooms
65
Gross SF
15,783
Price/Room
$230,769
Price/Gross SF
$950.39
Year Built
1907

Investment Overview

The San Remo Hotel is a 65 unit fee simple hotel located in the heart of fisherman’s Wharf. This is the first time the property has been on the market in 53 years and offers an investor a unique opportunity in the top hospitality market in the country. The San Remo hotel has 65 tourist rooms and has the famed Fior dItalia restaurant in the ground floor. The property is three floors and over 16000 sq feet with a strong historical occupancy and ADR. Located on historic Mason St, the San Remo Hotel borders the famed North Beach area as well as Fisher-man’s Wharf. The property is walking distance to a variety of dining options as well as some of San Fran-cisco’s most famed tourist attractions. Fisherman’s Wharf is San Francisco’s leading visitor attraction, hosting more than 18 million visitors. Encompassing one mile stretching from Aquatic Park to Pier 39, Fisherman’s Wharf occupies an ideal location on the northern waterfront of the San Francisco Peninsula. San Francisco generates a diversified base of lodging demand including convention and large group business from Moscone Center, leisure demand centered in Fisherman’s Wharf and Union Square in addition to well-established corporate base in the technology, biotech and financial sectors. San Francisco is consistently ranked among the top performing hospitality markets in the nation.

Investment Highlights

  • Fisherman's Wharf Asset
  • 65 Unit Tourist Hotel
  • Famed Fior d'Italia in the ground floor
  • Significant Upside in Renovations

Exclusively Listed By

Listing Price: $15,000,000

Cap Rate
7.80%
Number of Rooms
65
Gross SF
15,783
Price/Room
$230,769
Price/Gross SF
$950.39
Year Built
1907

Investment Highlights

  • Fisherman's Wharf Asset
  • 65 Unit Tourist Hotel
  • Famed Fior d'Italia in the ground floor
  • Significant Upside in Renovations

Investment Overview

The San Remo Hotel is a 65 unit fee simple hotel located in the heart of fisherman’s Wharf. This is the first time the property has been on the market in 53 years and offers an investor a unique opportunity in the top hospitality market in the country. The San Remo hotel has 65 tourist rooms and has the famed Fior dItalia restaurant in the ground floor. The property is three floors and over 16000 sq feet with a strong historical occupancy and ADR. Located on historic Mason St, the San Remo Hotel borders the famed North Beach area as well as Fisher-man’s Wharf. The property is walking distance to a variety of dining options as well as some of San Fran-cisco’s most famed tourist attractions. Fisherman’s Wharf is San Francisco’s leading visitor attraction, hosting more than 18 million visitors. Encompassing one mile stretching from Aquatic Park to Pier 39, Fisherman’s Wharf occupies an ideal location on the northern waterfront of the San Francisco Peninsula. San Francisco generates a diversified base of lodging demand including convention and large group business from Moscone Center, leisure demand centered in Fisherman’s Wharf and Union Square in addition to well-established corporate base in the technology, biotech and financial sectors. San Francisco is consistently ranked among the top performing hospitality markets in the nation.

Exclusively Listed By

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