$325,000
$350,000
7.1%For more information regarding the value of a property, please contact us for a free consultation.
1128 N Main St El Dorado, KS 67042
0.7 Acres Lot
Key Details
Sold Price $325,000
Property Type Commercial
Sub Type Motel/Hotel
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SCK633836
Sold Date 10/01/24
Originating Board sckansas
Year Built 1966
Annual Tax Amount $2,646
Tax Year 2023
Lot Size 0.700 Acres
Acres 0.7
Property Sub-Type Motel/Hotel
Property Description
FOR SALE - 9 motel suites, large 4 bed 3 bath living quarters with a basement, and a front office! Great value-add opportunity to operate as a motel or possibility to re-position as office spaces or occupy the living headquarters and operate as you wish! Great location off of a main corridor boasting 5,780 VPD and conveniently located near the highway 77/I-35 exchange and close to Walmart, Dillon's, the YMCA, Butler Community College, El Dorado lake, many different restaurants, parks, and gas stations. Additional 8,723 SF lot located to the South that could be used for expansion purposes. The buildings consist of 7 single bed units and 2 double bed units with room rates ranging from $45-$65 per night. Reach out for more information or to set up a visit! Property can be sold as a package deal with 1127 N Main St, El Dorado, KS 67042. Properties to be sold As-is. Seller will make no repairs.
Location
State KS
County Butler
Area 5900
Zoning See Remarks
Direction From hwy 254- Turn North onto Hwy 77 (Main St). Property is located on the east side of the road.
Interior
Heating Forced Air, Gas
Cooling Central Air, Electric, Window Unit(s)
Flooring Carpet, Other - See Remarks
Fireplace No
Heat Source Forced Air, Gas
Exterior
Garage Description Parking Lot
Utilities Available Gas, Electric, City Water, City Sewer
View Y/N Yes
Roof Type Composition
Present Use Hotel
Street Surface City Arterial
Building
Story 1
Structure Type Brick Full,Concrete Block
Others
Acceptable Financing No Lease
Listing Terms No Lease
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