DescriptionMarcus & Millichap is pleased to present R.K. Hostel, a unique hostel located in the Little Italy neighborhood of downtown San Diego. This 4,148 SF building was renovated in 2006 and turned into a bed & breakfast with a ground floor restaurant and bar, including outdoor patio seating. It currently operates as a 44-bed hostel without the restaurant and bar, and brings in many visitors nationally and from around the world each year.
The first floor guest living area comprises one large dorm room that can accommodate up to ten occupants, while the second floor comprises twelve individual rooms, three of which have large private restrooms. The former commercial kitchen is available for guests use, as well as the outdoor patio area which offers beautiful ocean and bay views.
The zoning in this location allows for many uses, including office, retail, hotel/hospitality, as well as multifamily, which will grant an investor wide-open possibilities for future uses. Additionally, tourists are drawn by the central location to all of San Diego's most famous attractions, as well as the local shops, restaurants, and downtown nightlife.
Financial SummaryRoom Mix Information