$950,000

1908 N Bishop Ave

Rolla MO, 65401

Description

The Budget Deluxe Motel has been in business for over 35 years and is in a prime location directly across from I-44 exit #186! This building houses 22 motel rooms on the front of the building and 13 apartments on the back side of the building providing you with additional income. The lot is 1.28 m/l acres and has plenty of parking. There is a convenience store right next door and eating establishments are within walking distance from the Motel. This is a high volume traffic area with great visibility from Bishop Avenue. The owner is offering the property as is or is willing to raze the building for a land lease or a build to suit.

Details

MLS#18066759
Listing TypeFor Sale
Sub-TypeResale
StatusPending - Show
Year1983
Days On Site520

Features

SQ Feet8,016
Story(s)2
ZoningC-1

Market Activity 65401

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Area Information

StateMO
CountyPhelps
CityRolla
Zip Code65401
AreaRolla
Listing VS Median (in 65401)
Price:
$950,000
low | high
Med:
$172,400
100% of Average
SqFt:
8,016
low | high
Med:
1,619
100% of Average
$ / SqFt:
$119
low | high
Med:
$108
58.932963030921% of Average
On Site:
520
low | high
Med:
287.5
100% of Average
Listing Updated: 01/18/2020
MLS Number: 18066759
Listing Provided By:
Michael Woessner  of  Investment Realty Inc