$1,000,000
$1,200,000
16.7%For more information regarding the value of a property, please contact us for a free consultation.
72,000 SqFt
SOLD DATE : 09/15/2021
Key Details
Sold Price $1,000,000
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Sold
Purchase Type For Sale
Square Footage 72,000 sqft
Price per Sqft $13
MLS Listing ID O5940748
Sold Date 09/15/21
Construction Status Financing,Other Contract Contingencies
HOA Y/N No
Year Built 1957
Annual Tax Amount $5,440
Lot Size 1.650 Acres
Acres 1.65
Property Description
Location, location, location! Prime developmental opportunity in the hub of High Springs. This 28 room motel on 1.65 acres enjoys a great reputation
and steady clientele in the springs area of High Springs, but the property offers prime location in downtown High Springs and accessible from two exits on I-75 (399 and
404). Located near the Ichetucknee Springs, Poe Springs, Ginnie Springs and O Leno State Park areas, this property enjoys steady round the year visitors. Well
maintained property. New metal roof from 2016, and no deferred maintenance. 28 rooms, 30 parking spaces, owners quarters that may be converted to breakfast area. In
-room amenities include a refrigerator, bed, dining table/study table, microwave and television. However, the opportunity is ripe for a hospitality property that will harness
the huge potential of the incoming traffic in this area, or for any other business that would like to be located in High Springs. Ask listing broker for an area Trade Analysis
Report, for a list of possible businesses that can be located in this area. Financials available upon signing of NDA and proof and disclosure of financing.
Location
State FL
County Alachua
Interior
Cooling Wall/Window Unit(s)
Appliance Dryer, Microwave, Refrigerator, Washer
Exterior
Parking Features 19 to 30 Spaces, Ground Level, Over 30 Spaces
Utilities Available BB/HS Internet Capable, Electricity Available, Phone Available, Public, Water Connected
Roof Type Metal
Building
Story 2
Entry Level Two
Foundation Slab
Lot Size Range 1 to less than 2
Sewer Public Sewer
Water Public
Structure Type Block,Brick,Concrete
New Construction false
Construction Status Financing,Other Contract Contingencies
Others
Ownership Other
Special Listing Condition None
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