4427 SW State Road 47, Lake City, FL$300,000
Coldwell Banker M.M. Parrish
Phone: (352) 335-4999

Listing Provided By:
Clara O Leary  of  RE MAX Professionals
SQ Feet:6,150
Office SQ Ft:0

Price reduction - Motel = Great investment with a good cash flow, located just minutes off Interstate 75 in Lake city on U.S. Highway 47 a highly trafficked road (3.38acs of commercial property). Well established motel consisting of 25 rooms with a phone system, separate laundry building with 2 commercial washers and 1 commercial dryer, of which 17 rooms are fully functional. A (1448 sq ft) brick home is included featuring 3 bedroom, 2 bath home behind the motel featuring all new piping, newer AC on .84 acres. Motel receives extra income by owners running a Subways and a Stop N Go convenience store paying owner over $5,000/yr for use of motel's water. Wonderful opportunity for a rehab center, restaurant, office building, medical complex or other commercial entity besides motel use. Be sold AS IS. Very motivated owner

Updated: 05/19/2018
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