121 Main St

    Wedowee, AL 36278
    • $239,900
    • STATUS: Active
    • ON SITE: 732 days
    • MLS #: 765398
    UPDATED: 34 min ago
    $239,900
    • 0
      BEDS
    • 0.82
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,800
      SQFT
    • $41
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1956
    County:

    School Ratings & Info

    Description

    Business opportunity in growing vacation destination. With a little TLC, updating, and improvements, the only motel in town could once again be the top place to stay. The motel offers an innkeeper apartment, 5 double rooms, and 8 single rooms. The current rates for a double room are $60/night and for a single room the rates are$45/night. Recently a new roof was put on and there has been some painting done and some of the furniture and light fixtures have been updated. The current innkeeper lives onsite. According to the owner, the current yearly income is $80,000 and the utilities/expenses run from $1400-$1500 a month. The utilities/expenses include the property taxes, insurance, tv/internet, water, power, and garbage. The motel is located in downtown and is convenient to shopping and restaurants as well as beautiful Lake Wedowee.

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    © 2018 Greater Alabama Multiple Listing Service, Inc. 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. IDX content is not guaranteed accurate by the MLS or Gusty Gulas Group at Brik Realty. Data last updated: 2018-10-23T15:30:29.807.
    www.gustygulasgroup.com/homes/67424491

    121 Main St Wedowee, AL 36278

    • Price: $239,900
    • Status: Active
    • Updated: 34 min ago
    • MLS #: 765398
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.82
    Acres
    5,800
    SQFT
    $41
    $/SQFT
    1956
    Built
    Neighborhood:
    Randolph County
    County:
    Randolph
    Area:
    Randolph County
    Property Description
    Business opportunity in growing vacation destination. With a little TLC, updating, and improvements, the only motel in town could once again be the top place to stay. The motel offers an innkeeper apartment, 5 double rooms, and 8 single rooms. The current rates for a double room are $60/night and for a single room the rates are$45/night. Recently a new roof was put on and there has been some painting done and some of the furniture and light fixtures have been updated. The current innkeeper lives onsite. According to the owner, the current yearly income is $80,000 and the utilities/expenses run from $1400-$1500 a month. The utilities/expenses include the property taxes, insurance, tv/internet, water, power, and garbage. The motel is located in downtown and is convenient to shopping and restaurants as well as beautiful Lake Wedowee.
    Exterior Features

    Commercial Property Type Office Construction Concrete Block Flood Plain YN No Parking Spaces Off Street - Private Street Property Access Paved Road

    Interior Features

    Cooling Window Units Floors Partial CarpetTile/Vinyl Heating Other Interior Concrete (Int) Rooms KitchenLiving QuartersReception Area

    Property Features

    Building Name Old English Inn Financing ConventionalCash Leases None Property Includes EquipmentFixturesInventory Property To Remain MicrowaveRefrigeratorAll Window TreatmentsWasher/Dryer Sale Includes BldgBusiness & Land Sales Type As Is Sewer / Septic Connected Type Of Business Hotel/Motel Water Public Water Year Built Desc Existing Zoning Commercial

    Listing provided courtesy of Hunter Bend Realty. © 2018 Greater Alabama Multiple Listing Service, Inc.
    © 2018 Greater Alabama Multiple Listing Service, Inc. 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. IDX content is not guaranteed accurate by the MLS or Gusty Gulas Group at Brik Realty. Data last updated: 2018-10-23T15:30:29.807.
     
    Gusty Gulas Group at Brik Realty
    2901 2nd Ave S. Ste 230
    Birmingham AL, 35233