4427 SW State Road 47
Lake City, FL 32024

Description

Price reduction - Motel = Great location for Rehab center - Great investment with a good cash flow, located just minutes off Interstate 75 in Lake city on U.S. Highway 47 a highly trafficked road (3.38acs of commercial property). Well established motel consisting of 25 rooms with a phone system, separate laundry building with 2 commercial washers and 1 commercial dryer, of which 17 rooms are fully functional. A (1448 sq ft) brick home is included featuring 3 bedroom, 2 bath home behind the motel featuring all new piping, newer AC on .84 acres. Motel receives extra income by owners running a Subways and a Stop N Go convenience store paying owner over $5,000/yr for use of motel's water. Wonderful opportunity for a housing complex, restaurant, office building, medical complex or other commercial entity besides motel use. Very motivated owner

Details

MLS#408711
TypeIndustrial
Sub-TypeResale
StatusActive
Days On Site238

Features

SQ Feet6,150
Story(s)1

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Area Information

StateFL
CountyColumbia
CityLake City
Zip Code32024
Listing VS Median (in 32024)
Price:
$290,000
low | high
Med:
$152,500
97.413793103448% of Average
SqFt:
6,150
low | high
Med:
1,199
100% of Average
$ / SqFt:
$47
low | high
Med:
$127
100% of Average
On Site:
238
low | high
Med:
78
100% of Average
Listing Updated: 05/22/2018
MLS Number: 408711
Listing Provided By:
Clara O Leary  of  RE MAX Professionals
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