$28.02 Per Sq Foot $1,798 est/mo Sourced by Back At You

315 W Adams Street,Creston, IA 50801

Creston IA, 50801

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Description

10 large hotel rooms with full baths. Flooring is a little dated but otherwise are ready to rent. Four pairs have connecting doors. Some beds/bed frames, multiple apartment refrigerators, dressers, small round tables/ chairs. Multiple water heaters. Motel rooms are scarce in Creston. $100 per night X 10 rooms X 30 days X 12 months = $360,000. $335,000 asking price - building paid for!! What you do with the main floor can pay the operating expenses. Fabulous opportunity to start a restaurant with equipment in place. Includes 2 hot buffet tables, 1 cold buffet, ice cream cabinet, pop dispenser, rice steamers, grill with sprinklers, commercial dishwasher and stainless steel sinks required. Meat slicer and stainless work tables, shelving. Walk-in cooler. Separate open party room plus large meeting room/convention space with separate entrance. Open a gym - plenty of exercise equipment in the basement.

Details

MLS#6313404
Listing TypeFor Sale
StatusActive
Year1900
Days On Site179
Listing Provided ByR Realty | Retta Ripperger

Features

BasementY
Property ViewZero Lot Line

Market Activity 50801

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Iowa Association of Realtors.

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Listings Checked: 2 minutes ago
StateIA
CountyUnion
CityCreston
Zip Code50801
AreaUnion
Community NameIA
School District1503 - Creston
Listing VS Median (in IA)
Price:
$335,000
low | high
Med:
$179,500
96.417910447761% of Average
On Site:
179
low | high
Med:
64
100% of Average
Sourced by Back At You
Listing Updated: May 20, 2024 at 10:31:53 PM PDT