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

  • MLS# 408711
  • Type Industrial
  • Sub-Type Resale
  • Status Active
  • Days On Site 235
SQ Feet 6,150
Story(s) 1
Listing Provided By:
Clara O Leary  of  RE MAX Professionals
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
this listing $300,000
96.72%
$152,500 in 32024
this listing 6,150 SqFt
412.93%
1,199 SqFt in 32024
this listing $49 $/SqFt
61.65%
$127 $/SqFt in 32024
this listing 235 on site
213.33%
75 on site in 32024

Location

State FL
County Columbia
City Lake City
Zip Code 32024

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