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Jenn Smart

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1142 Main St , Red Bluff, CA 96080
$995,000
Est. Payment: $2,211.11/mo
11072 Sqft
Status: active | Days on site: 18
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sha.2109 - 8655,4111
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House Description

CLASSIC INN, 29-ROOM HOTEL, SELLER FINANCING AVAILABLE Hospitality investment with owner-operator flexibility in the heart of Red Bluff! Located at 1142 Main Street, the Classic Inn offers 29 guest rooms and approximately 11,072 square feet on a 22,079-square-foot parcel zoned C-3. Improvements include new flooring throughout and five renovated guest rooms, with potential to further enhance the property through additional updates. Offered at $995,000, the property's financial analysis reports annual hotel operating income of $292,384 and net operating income of $109,956, representing an approximately 11.05% cap rate at the asking price. The 2026 pro forma projects income of $301,156 and net operating income of $118,728, equating to an approximately 11.93% pro forma cap rate. These figures reflect hotel operations; returns under the existing operator lease differ. Ownership pays property taxes and insurance. Continue with the existing lease for an income-producing investment, or explore operating the hotel directly. Per the offering memorandum, a buyer may terminate the existing lease with 30 days' written notice, subject to verification of lease terms. Seller financing is available, with terms negotiable. Seller will consider all reasonable offers. An opportunity to acquire an established Main Street hospitality property with income, renovation potential, and flexible ownership options. Buyer to verify financials, lease provisions, square footage, zoning, and permitted uses.

Highlights

Listed by Nick Kerley , 530-242-4114 and Kimberly A Moore , 530-355-2538 Realty 110, Inc. , 1 530-242-4114. Shasta Assoc of REALTORS

Property Type

Commercial Sale

Year Built

1957

County

Tehama

Area

Red Bluff NW

Listing ID

26-6480

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Interior Features

Exterior Features

Parking Features:Off Street
Principal Interest
$2,211
Taxes
$634

Home Price

$995,000

Loan Details

30 yrs
0%

Down Payment

20%
$199,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,211.11

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,211.11 $634.31 $0.00 $2,845.42
Yearly $26,533.33 $7,611.75 $0.00 $34,145.08
Total $796,000.00 $228,352.50 $0.00 $1,024,352.50
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So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Red Bluff, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Shasta Assoc of REALTORS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-14T13:10:02.000Z

© 2026 Shasta Assoc of REALTORS