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[Address not provided], Salem, MO 65560

$1,950,000

  • For Sale
  • Active
  • Commercial
[Address not provided], Salem, MO 65560View this property at [Address not provided], Salem, MO 65560
[Address not provided]SalemMO65560

Property Description

The Ranch Motel is a successful family owned business in a popular tourist destination where visitors come year after year to enjoy the beautiful Ozark National Scenic Riverways, the Mark Twain National Forest and Montauk & Echo Bluff State Parks. There are 9 buildings located on this 5.09 m/l acre lot which include a 30-room motel with an outdoor pool, 16 efficiency apartments, 21 one bedroom apartments and 2 two bedroom apartments and a garage for storage. This is a profitable turn-key business with an excellent income history and occupancy rate.

Full Property Details for MLS# 17071997

General

  • Price: $1,950,000
  • Taxes: $12,424 (2016)
  • Status: Active
  • Type: Commercial
  • MLS ID: 17071997
  • Updated: 1/24/2018
  • Added: 164 day(s) ago

Property History

  • MLS# 17071997, Salem, MO
  • Listed at $1,950,000 on 9/8/17

Additional Information

  • Other Features: 2+ Lavatories, Pole Sign

Parking

  • Parking Features: Paved Asphalt
  • Parking: Paved Asphalt

Location

  • Area: Salem
  • County: Dent
  • Subdivision: None
  • Driving Directions: Directly on Hwy 32 - Currently doing business as the Ranch Motel.

Heating & Cooling

  • Cooling Type: Wall Unit(s), 1 Window
  • Heating Type: Individual Unit
  • Heating Fuel: Electric

Utilities

  • Sewer: Public
  • Water: Public
  • Utility Description: Cable, Electric, Water, Sewer, Telephone

Structural Information

  • # Buildings: 9
  • Structure Type: 1 Story, 2 Stories, Apartment, Other Building Type
  • Construction: Conventional
  • Exterior Const.: Brick, Combination, Wood
  • Roof: Composition
  • Current Bldg. Use: Motel/Hotel
  • Potential Bldg. Use: Motel/Hotel
  • Year Built: 1946

Unit Information

  • Unit Location: City, High Traffic, Hwy/Interstate Frntg

Lot Features

  • Lot Size (Acres): 5.09
  • Lot Size (Sq. Ft.): 221,720
  • Lot Size Source: County Records
  • Frontage: Interstate/US Highway
  • Frontage Feet: 475
  • Lot Access: Interstate/US Hwy.
  • Zoning: Commercial/Multi-Family

Financial Considerations

  • Operating Expenses: Common Area Mtce, Electricity, Heat/Cooling, Maintenance, Property Insurance, Real Estate Tax, Water & Sewer
  • Tax Amount: $12,424
  • Tax Year: 2016
  • Terms: Cash, Conventional

Disclosures and Reports

  • Special Conditions: Unknown, Other
  • Documents Avail.: Aerial Photo, Profit & Loss Stmts
  • Legal Description: PT NW1/4 NW1/4 SEC 24 T34 R6
  • Inclusions: Building & Business, Building & Land, Some Equipment, Some Fixtures, Some Inventory
  • Disclosures/Reports: City, Flood Plain No, Sellers Discl. Avail
  • APN: 08-6.0-24-2-05-009.000

Listed by Investment Realty, Inc.

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Community Info

Community Infofor MLS# 17071997

MLS# 17071997, Salem, MO 65560 (MLS# 17071997) is a Commercial property. MLS# 17071997 is currently listed for $1,950,000 and was received on September 08, 2017. Want to learn more about MLS# 17071997? Do you have questions about finding other Commercial real estate for sale in Salem? You can browse all Salem real estate or contact a Coldwell Banker agent to request more information.

Listed by Investment Realty, Inc.