Hospitality | Affordable Housing Conversion Opportunity
Income and Conversion Opportunity
Marketing description
Offering exceptional versatility, the Super 8 Motel in Corning represents a premier investment opportunity. The property currently operates under a 20-year franchise agreement with Super 8 Worldwide Inc. (through July 2043) with a termination right in place, offering a buyer immediate cash flow from a recognized hospitality brand. Beyond its current hospitality use, the property’s layout, ample parking, and CH-CBDZ zoning make it an ideal, high-potential candidate for conversion into affordable housing. Whether continuing as a stable hospitality asset or repositioning for community housing needs, this property delivers incredible long term value and flexibility.
Perfectly positioned at 2165 Solano Street, the property enjoys a highly visible and easily accessible location right off Interstate 5 in Corning, California. Corning serves as a vital agricultural hub and a frequent, convenient stop for travelers journeying between Sacramento and the Pacific Northwest. Situated along Corning's primary commercial and retail artery, the property is positioned just minutes from local dining, shopping, and essential business centers.
Investment highlights
Strategic Interstate 5 Corridor Placement: Perfectly positioned right off Interstate 5, Corning serves as a frequent, highly convenient stop and rest destination for travelers journeying between Sacramento and the Pacific Northwest.
Proximity to Rolling Hills Casino and Resort: Located just minutes away along the I-5 corridor, this major regional draw features gaming, dining, live entertainment, an 18-hole championship golf course, and an equestrian center, ensuring a steady influx of visitors to the area.
"The Olive Capital" Agricultural Hub: As a vital agricultural center famed for its olive production, Corning maintains a stable local economy and attracts agro-tourism through local specialty shopping, tasting rooms, and manufacturing.
Centrally Located Commercial Artery: Properties situated on Solano Street benefit from being on Corning's primary commercial and retail strip, providing immediate walkability and access to local dining, shopping, and essential business centers.
Strong Potential for Community Housing: The area's existing infrastructure, zoning flexibility, and local amenities support growing community needs, making it an excellent environment for successful affordable housing or senior living conversions.
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Zoning
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
