311 W Adams St, Creston, IA 50801, USA
311 W Adams St, Creston, IA 50801, USABasics
- Date added: Added 1 year ago
- Category: COMMERCIAL (5+ UNITS)
- Status: Active
- Floors: Carpet,Vinyl/Linoleum
- Lot size: 8276.4 sq ft
- Year built: 1900
- County: Union
- Acres: 0.19 acres
- Price Per SQFT: $28.02
- Current Use: Food Service,Hotel/Motel,Restaurant
- DOM: 1
- MLS ID: 6313404
Description
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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.
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Location
- Lot Description: Zero Lot Line
- Location: Downtown
Building Details
- Garage Stalls: 0
- Water: City Water/Connected
- Construction Materials: Block,Brick
- Walls: Drywall
- Construction Status Desc: Previously Owned
- Basement: Full, Partial Finished
- Roof: Rubber
Amenities & Features
- Available Utilities: Electric Separate,Heating Separate,Hot Water Separate
- Style: Mixed Use
- Air Conditioning: Central,Ductless Mini-Split
- Appliances: Indoor Grill,Exhaust Fan/Hood,Dishwasher,Refrigerator,Freezer,Washer,Dryer
- Parking Characteristics: Uncovered/Open
- Exterior: Stucco
- Heating: Forced Air
- Sewer: City Sewer/Connected
- Window Features: Blinds,Drapes
Miscellaneous
- Association: WCIR
- Yearly/Seasonal: Yearly
- Contingency: None
- Accessible: Wheelchair Ramp
- Road Responsibility: Public Maintained Road
- Fuel: Natural Gas
Fees & Taxes
- Tax Year: 2021
- Net Taxes: $3,700