$430,000
$600,000
28.3%For more information regarding the value of a property, please contact us for a free consultation.
1408 E Wabash Street Frankfort, IN 46041
0.53 Acres Lot
Key Details
Sold Price $430,000
Property Type Commercial
Sub Type Hotel & Motel
Listing Status Sold
Purchase Type For Sale
Subdivision None
MLS Listing ID 202249440
Sold Date 03/24/23
Year Built 1959
Annual Tax Amount $10,593
Tax Year 2022
Lot Size 0.530 Acres
Property Sub-Type Hotel & Motel
Property Description
Rare Opportunity!! Investors, here is your opportunity to own a 22 unit hotel/motel as well as a 2 bedroom one bath house 1500 E Wabash St. (being sold together) in total over .6 acres on one of the busiest, if not the busiest road in Clinton County. The hotel offers several units that have been completely remodeled and some that still need some work, each unit is a one bedroom one bath and some have a small kitchenette. 2 units offer a small dining area as well. These can be rented out any number of ways including daily, weekly or monthly. The 2 bedroom house has been completely remodeled on the inside and is in very nice shape inside. Way too many amenties to list so come by and check this out before this opportunity is missed!
Location
State IN
Area Clinton County
Direction Heading East on St Rd 28 make jog on E Wabash, Motel is on the Left side of the road.
Interior
Flooring Carpet, Ceramic Tile, Vinyl Tile
Appliance Building, Land
Laundry , 22
Exterior
Roof Type Asphalt,Shingle
Total Parking Spaces 22
Building
Story 1
New Construction No
Others
Financing Cash,Conventional
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IDX information provided by the Indiana Regional MLS
Bought with Other Other • LPS