grass valley

Historic California Hotel Closing Monday

One of the oldest hotels in California is set to close. The Holbrooke Hotel in Grass Valley, California has been for sale for a while but has not been able to find a buyer. The hotel was built in 1851 and has been been visited by four U.S. presidents and famous guests like Mark Twain and Clint Eastwood. The Golden Gate Saloon is known as the oldest continuously operating saloon west of the Mississippi and the bar was brought over from Italy in 1851. The 28-room hotel is in a landmark building and is even said to have a few ghosts. Around 40 employees will lose their jobs when the hotel closes. The hotel was listed for around $2.5 million which, even if it sold at that rate, would still leave the owners upside down.

Gallery: Hotels and Inns for Sale