315 W Adams Street

COMMERCIAL (5+ UNITS)311 W Adams St, Creston, IA 50801, USA

311 W Adams St, Creston, IA 50801, USA

311 W Adams St, Creston, IA 50801, USA
    $335,000
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    Basics

    • Date added: Added 8 months ago
    • Category:
    • Status:
    • 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

    • 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: ,
    • Roof:

    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

    Inquire About This Property

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    This style property is located in Creston is currently and has been listed on 1st Rate Real Estate. This property is listed at $335,000. It has bedrooms, bathrooms, and is . The property was built in 1900 year.

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