15432 Washington Rd

The Washington Hotel is an 1865-built, 2017-renovated riverfront hospitality property offered at $995,000. The asset totals 8,602 square feet across three levels on 0.51 acres and includes 14 guest rooms, a full-service restaurant and bar with commercial kitchen, a riverfront beer garden fronting the South Yuba River, and a 2,172 square foot two-bedroom owner’s apartment on the third floor. 

2025 actuals show $595,036 in gross revenue, with food and beverage comprising approximately 82% of sales. Adjusted NOI is $114,648 — an 11.5% cap rate at the asking price. A Type 47 liquor license, valued at approximately $175,000 on a standalone basis, is included at no additional cost. Owner apartment rent of approximately $1,800 per month is excluded from the NOI, as the space is owner-occupied. 

The hotel component operates at approximately 10% occupancy against 60%-plus averages at comparable Nevada City and Grass Valley properties, leaving measurable room for an operator with OTA distribution and active marketing. The property is the sole hospitality and gathering venue in Washington, CA, a Sierra Nevada foothill town approximately 45 minutes from Nevada City and one hour from Truckee that draws year-round outdoor recreation traffic. 

Sale includes real estate, business, FF&E, and the Type 47 license. SBA 7(a) and 504 financing eligible. Financials available with an executed confidentiality agreement.