This landmark 7-story, 140,000-square-foot hotel, constructed in 1984, stands as the tallest building in its submarket at 75 feet. With its commanding presence, attached 270-space parking garage, and strong mix of income streams, the property represents a rare opportunity for investors seeking both stability and upside.
The hotel offers 145 guestrooms, including 50 king rooms, 90 double-queen rooms, and 5 suites, spread evenly across floors 3 through 7. This balanced room mix appeals to business travelers, families, and groups alike, ensuring steady occupancy. Complementing its hospitality operations, the property’s five ground-floor retail spaces are fully leased to long-term tenants, generating consistent income and reducing operational risk.
One of the hotel’s most unique features is its rooftop bar and lounge, operating under a Type 47 liquor license. With panoramic views, it has become a distinctive draw for guests and locals, offering further potential as an event venue. In addition, a 5,500-square-foot restaurant space on the first floor is currently vacant, presenting immediate opportunity for an owner-operator or new tenant to activate a strong food-and-beverage component.
With its scale, central location, and diverse income profile, this asset offers multiple paths to growth. Investors benefit from the security of existing retail leases while unlocking upside through repositioned hospitality, food and beverage, and events programming. As the tallest building in the area, the hotel enjoys unmatched visibility, making it an ideal candidate for rebranding or strategic repositioning.
In short, this property combines stability, scale, and upside—a true rarity in today’s market.
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