CORRECTION: Kiptopeke Inn Still for Sale

January 2, 2013

The Kiptopeke Inn is still for sale.

The Wave incorrectly reported December 29 that Robert Occhifinto, who on December 28 bought Bay Creek Marina, AQUA restaurant, and adjoining properties, earlier bought the Kiptopeke Inn. Although Occhifinto has bought other properties, including the Peacock Motel, and did make an offer on the Kiptopeke Inn, his offer on the Inn was not accepted.

The 104-room Kiptopeke Inn closed last September after going into receivership. It was built in 1963 as a Holiday Inn shortly before the Bay Bridge-Tunnel opened. Most recently it was owned by developer Nimrod Tavi.

The Kiptopeke Inn is offered for sale at $995,000, brokered by Commonwealth Commercial Partners, Inc., and Watson Realty.