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711 Center Street, Shelbina, MO 63468
$699,000 -$51,000 (-6.8%) Price Reduced
711 Center Street, Shelbina, MO 63468View this property at 711 Center Street, Shelbina, MO 63468
711 Center StreetShelbinaMO63468
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Property Description
This well-maintained hotel is the only hotel in the Shelbina area! Simple Rewards Inn has great online reviews! A total of 20 rooms. 19 are available for use, 2 are for the owner's private use (has a full kitchen). There are 7 rooms with king size beds & 11 with 2 queen size beds. 2 adjoining units for family stays. Nice common area for breakfast & snacks. Plenty of parking! Even for semi-trucks. Most everything will convey. Some equipment at the front desk is negotiable. Built in 2004. Comes with a sprinkler system, industrial washer, all furniture, etc. to walk in and take over. They still use keys for the units & a key machine will convey. 2023 YTD ADR $66. There is a relationship with the local nursing home for traveling medical personnel. Many possibilities for other business ideas! Over 2500 cars per day pass this address on a YTD average. Highly visible from the road. Seller has low % rate loan that is assumable for part of the purchase price for qualified buyers..
Full Property Details
Full Property Details for 711 Center St
General
- Price: $699,000
- Taxes: $4,025 (2022)
- Status: Active
- Type: Commercial
- MLS ID: 24010028
- Updated: 5/17/2024
- Added to Site: 88 day(s) ago
Additional Information
- Other Features: Building Sign, Exterior Lighting, Kitchen Facilities, Outside Storage, Smoke Alarm/Detec, Sprinkler System, Wheelchair Access
Parking
- Parking Features: Concrete, Gravel, Parking Lot
Location
- Area: Shelby County R-4
- County: Shelby
- Township: Shelbina
- Subdivision: none
- Driving Directions: Turn North off Highway 36 at Shelbina. Property is on the right.
Heating & Cooling
- Cooling Type: Electric, Other
- Heating Type: Individual Unit, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Available, Electricity Available, Gas to Site, Water Available, Sewer Available, Phone Available
Structural Information
- Roof: Asphalt, Pitched
- Square Feet: 7,596
- Current Bldg. Use: One Story, Motel/Hotel
- Year Built: 2004
Lot Features
- Lot Size (Acres): 1.15
- Lot Size (Sq. Ft.): 50,094
- Lot Size Source: County Records
- Lot Dimensions: irregular
- Frontage: City Street, State Road
- Zoning: Commercial
Financial Considerations
- Price Per Sq. Ft.: $92.02
- Tax Amount: $4,025
- Tax Year: 2022
- Terms: Cash Only, Conventional
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
- Special Conditions: Some Accessible Features, None
- Documents Avail.: Aerial Photos
- Inclusions: Building & Business, Building & Land, Some Equipment, Some Fixtures, Some Inventory
- Disclosures/Reports: Unknown, Sellers Discl. Avail
- Property ID: 21100932001010201
Listed by Hannibal Realty LLC
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Schools
Schools serving 711 Center St
School District:Shelby County R-Iv School District
Rating | Name | Grades | Distance |
---|---|---|---|
4154 Highway 36, Shelbina, MO 63468 | 9-12 | 3.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 711 Center St
Date
Details
Price
Change
Source
5/17/2024
Price Reduced
$699,000
-6.8%
MLS
2/20/2024
Listed
$750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 711 Center St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$4,741
18%
$57,184
—
2022
$4,025
—
$57,184
—
2021
$4,024
—
$57,184
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 711 Center St
711 Center Street, Shelbina, MO 63468 (MLS# 24010028) is a Commercial property. 711 Center Street is currently listed for $699,000 and was received on February 20, 2024. Want to learn more about 711 Center Street? Do you have questions about finding other Commercial real estate for sale in Shelbina? You can browse all Shelbina real estate or contact a Coldwell Banker agent to request more information.