Five1Five Realty

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Locations

Webster City and surrounding areas

315 W Adams Street, Creston IA, 50801

Property Details

Listing Price: $335,000
Type: Mixed Use
Lot Size: 0.19 acres
MLS #: 6313404
Listing agent: Retta Ripperger
retta@realestateismy.name
641-782-9408

Property 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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Last Updated September 7, 2024
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