Description

INVESTMENT HIGHLIGHTS

foot traffic on historic downtown main street
Located in upcoming community in redevelopment area and Opportunity Zone

3 min from downtown 7 min from ocean

EXECUTIVE SUMMARY

27 room motel with new roof and partial renovations have already taken place and we are still renovating the property fully renovating 6 efficiency rooms. Its 3 Minutes from downtown Fort Pierce and 7 minutes from the beach and inlet. Property hs absentee owner and is mismanaged. LOTS OF ROOM FOR MORE POTENTIAL INCOME.

AMENITIES

High Speed Internet Access

Patio

Boutique/Lifestyle Hotel

Fully-Equipped Kitchen

ROOM MIX INFORMATION

DESCRIPTION	NO. ROOMS	DAILY RATE	SF
Guest Room	30	$65.00	-

PROPERTY TAXES

Parcel Numbers	24-09-602-0229-0000	Improvements Assessment	$516,300
Land Assessment	$53,200	Total Assessment	$569,500

H. Alan Welles

Phone +1 561-744-8900

Mobile +1 561-301-0600

Specification

General

Building Size : 7663
Lot Size : 0.5000
Sale Type : Investment
Zoning : GENERAL CO (C3)
Year of Built : 1973
Year of Remodeled : 2021
Number Of Rooms : 30

Hospitality

Parking Spaces :
Hotel Laundry Equipments :
Guest Laundry Equipments :
Swimming Pool :

Main Street Motel

# 402

SKU: 402

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