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Listed by Charles Thomas Thomas Realty
$ 675,000
Est. payment /mo
Active
100 5Th ST Adair, IA 50002
6,962 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 6,962 sqft
Price per Sqft $96
MLS Listing ID NOC6339231
Style Other
Year Built 1969
Annual Tax Amount $18,060
Tax Year 2024
Lot Size 1.410 Acres
Acres 1.41
Lot Dimensions 278X221
Property Description
The Budget Inn 34-unit motel, conveniently located just off Exit 75 of Interstate 80, is perfectly positioned in a high-traffic area that benefits from significant visibility and accessibility. The surrounding environment is vibrant, filled with various businesses, restaurants, and services that cater to travelers and locals alike, making it an ideal spot for a motel. ### Key Features - **Well-Maintained Property**: The motel is in excellent condition, showcasing a commitment to upkeep and cleanliness. Each unit is designed for comfort, equipped with essential amenities to ensure a pleasant stay for guests. - **Operational Ready**: The sale includes all necessary furnishings, equipment, and systems to run the motel efficiently. This means new owners can step in without the need for major investments or renovations. - **Growth Potential**: With its strategic location and the surrounding business activity, there is substantial potential for growth. Opportunities may include: - **Enhanced Marketing**: Targeting business travelers, tourists, and local events. - **Partnerships**: Collaborating with nearby businesses for referral programs or package deals. No guarantee contained information is completely accurate. Any potential buyer should verify the information contained in this description ..
Location
State IA
County Adair
Area 6962
Direction Take Exit 75 Off Interstate 80 turn north on S 5th to the property
Rooms
Basement None
Interior
Heating Baseboard
Fireplace No
Exterior
View Y/N true
Accessibility Other
Building
Story 2
Sewer City Sewer/Connected
Water Public
Architectural Style Other
Structure Type Vinyl Siding
Schools
School District 18 - Adair-Casey
Others
Energy Description Electric
Acceptable Financing NOC6339231
Listing Terms NOC6339231
NEARBY SCHOOL & BUSINESS