Wapello, IA 52653,227 N Main St

$100,000

$100,000

Est.Price: ?

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Est. payment /mo

3,841 Sqft Lot


SOLD DATE : 05/31/2023

Key Details

Sold Price $100,000

Property Type Commercial

Sub Type Business

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 202302524

Sold Date 05/31/23

Year Built 1853

Annual Tax Amount $1,876

Tax Year 2021

Lot Size 3,841 Sqft

Acres 0.17

Property Sub-Type Business

Property Description

CALL AGENT FOR ALL SHOWINGS! Live in one and rent the other, Own this historic hotel situated in the heart of downtown Wapello. Walking distance to waterfront, shops and restaurants. The rates are affordable and your stay will be memorable. Featuring 16 rooms, and private living quarters of 1674 sq. ft. The living quarters include an updated modern kitchen with cherry cabinets, fireplace-warmed family room, and oak floors. This building is zoned to be a bed and breakfast, you can turn all the rooms into apartments or condos, the possibilities are endless! 1 bed rooms have rented for $60-$65, double rooms $60-$70, sleeping rooms $125 per week , suite $70-$80 per night, each uniquely styled & spacious. Apartments had received $600 per month long term, $800 per month short term. Own a piece of history! It's a great opportunity! SOLD AS IS.

Location

State IA

County Louisa

Zoning commercial

Direction Come into Wapello, Van Buren Street to Main Street, Hotel is on the south side.

Interior

Heating Steam

Cooling Other

Flooring Carpet, Wood, Other

Exterior

Utilities Available Sewer Available, City Water

Roof Type Composition

Building

Lot Size Range Less Than Half Acre

Structure Type Brick,Other

Schools

Elementary Schools Wapello

Middle Schools Wapello

High Schools Wapello

Others

Tax ID 0827401003

Acceptable Financing Cash

Listing Terms Cash

Financing Cash,Conventional,Owner Financing,Other

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Listed by Sellers & Seekers Real Estate
Bought with NONMEMBER
agent-avatar

+1(319) 480-3875

tony@luekenre.com

4515 N River Blvd NE, Cedar Rapids, IA, 52411, USA

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