Our wonderful, iconic hotel on the Bay is for sale for $2,850,000. I’ve always enjoyed sending out-of-town visitors here. Whether they complain (because it’s not pristine like new construction) or appreciate it for the great, quirky property it is, is a great test of character. Details HERE.
You’ll notice they reference a 25% vacancy factor. I don’t think the Eagle House has ever had full-time proactive management, but if they did I’m sure they could fill more rooms.
Here, courtesy of LoopNet, are some other properties For Sale In Humboldt:
The Ritz Building, 240 F Street, Eureka , former site of the Ritz restaurant, going for $3,300,000.
The Little Jalisco building at the foot of Humboldt Hill, for only $230,000.
The former Pierce Mortuary at 707 H Street, Eureka, going for $775, 000.
I remember one potential buyer who wanted to barge the Eagle House south to Redwood City. I think their vacancy rate is due because the Eagle House looks more like a restaurant and bar with not much of a hotel lobby along with the hotel entrance back by the parking lot. It could be like the Hotel Carter if more thought was given to the lodging end of the business.
Agreed. It’s not quite as nice as the Carter but has great character and the views can’t be best.