$9,900,000

The Hotel Mayflower, a 94-room tourist hotel in San Francisco's Nob Hill, has been family-owned since its construction in 1927. This historic property exudes character and charm, featuring a Spanish Colonial entrance with arched windows and painted beamed ceilings. A mezzanine overlooks the lobby, enhancing its grandeur. The hotel includes 82 tourist rooms and 12 residential rooms, with 5 additional rooms available for the owner's use. Each room has a private bath and kitchenette. Many rooms offer excellent San Francisco views. The lobby-level dining area and a large garage accommodating over 20 cars add convenience. A commercial space, currently a grocery store, occupies the building's western corner. The 3,300-square-foot space has high ceilings and ample light, suitable for various businesses. The property is well-maintained with upgrades like 3-Phase Electric, new wiring, copper supply lines, elevator improvements, and a sprinkler system. This asset is primed for a new owner to enhance management and increase occupancy and income