AVAILABILITY DETAILS
- Size
- 42,000 SF
- Price/SF
-
Show Pricing $
- Listing ID
- SA465401
- Notes
- minutes from I-76, located on highly trafficked Federal Blvd - great visibility
Ample parking, comfy rooms
EXECUTIVE SUMMARY
Business opportunity and land investment. Located near light rail and busy part of town. Must buy adjacent land (6201 Federal) which is rented as dealership (in business for 17years) and brings in $42K. Motel is 21-unit charming business run by same owner for many years. ADR at $80 and 80% occupancy. Motel land is .63 acres. Adjacent lot is .21 acres. SO MANY OPTIONS: Run as is with motel income PLUS the rental income from dealership ($3500/m). Convert to long-term rentals. Redevelop or renovate to suit C-5 zoning options. Can turn into full car dealership, drive-thru restaurant, small retail or build your dream business here. Make an offer! This SELLER IS MOTIVATED.
PROPERTY FACTS
Price Per Room
- Uses
- Retail
Land
This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.
Listing provided courtesy of
Martin Perkins, North federal motel