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227 N Main St

Wapello, IA 52653
  • $112,000
  • STATUS: Active
  • ON SITE: 167 Days
  • MLS #: 202102835
$112,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,841
    SQFT
  • $29
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1853
County:

School Information

Elementary School:
Middle School:
High School:

Description

Live in one and rent the other, Own this historic hotel situated in the heart of downtown Wapello. Walking distance to waterfront, shops and restaurants. The rates are affordable and your stay will be memorable. Featuring 16 rooms, and private living quarters of 1674 sq. ft. The living quarters include an updated modern kitchen with cherry cabinets, fireplace-warmed family room, and oak floors. Several of the rooms have long time tenants. This building is zoned to be a bed and breakfast, you can turn all the rooms into apartments or condos, the possibilities are endless! 1 bed rooms rent for $60-$65, double rooms $60-$70, sleeping rooms $125 per week , suite $70-$80 per night, each uniquely styled & spacious. Apartments $600 per month long term, $800 per month short term. Own a piece of history! It's a great opportunity!

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© 2021 Iowa City Area Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Lepic Elite Home Team | Lepic-Kroeger, Realtors. Data last updated: 2021-10-23T00:25:52.653
www.lepicelite.com/homes/116936912
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227 N Main St Wapello, IA 52653

  • Price: $112,000
  • Status: Active
  • MLS #: 202102835
0
Beds
0
Baths
0
½ Baths
0.16
Acres
3,841
SQFT
$29
$/SQFT
1853
Built
Neighborhood:
Washington Area
County:
Louisa
Area:
Washington Area
Elementary School:
Wapello
Middle School:
Wapello
High School:
Wapello
Property Description
Live in one and rent the other, Own this historic hotel situated in the heart of downtown Wapello. Walking distance to waterfront, shops and restaurants. The rates are affordable and your stay will be memorable. Featuring 16 rooms, and private living quarters of 1674 sq. ft. The living quarters include an updated modern kitchen with cherry cabinets, fireplace-warmed family room, and oak floors. Several of the rooms have long time tenants. This building is zoned to be a bed and breakfast, you can turn all the rooms into apartments or condos, the possibilities are endless! 1 bed rooms rent for $60-$65, double rooms $60-$70, sleeping rooms $125 per week , suite $70-$80 per night, each uniquely styled & spacious. Apartments $600 per month long term, $800 per month short term. Own a piece of history! It's a great opportunity!
Exterior Features

Additional Square Feet 2000-5000 Sqft Construct Cm BrickOther Road Frontage County/City Road Roof Type Composition

Interior Features

Cooling Other Floor Type CarpetOtherWood Heating Steam/Hotwtr

Property Features

Bank Owned NO Business Hotel/MotelLive/WorkOther Ci Features Fixtures/FurnitureOtherSecurity System Gross Taxcounty And City 1952 Insurance Exp Per Sqft 0 Internet Yes Lease Price 0 Location Business ParkCorner LotFreestandingOther Lot Dimensions 0X0 Ownership Type Business Opportunity Possible Financing CashConventionalOtherOwner Financing Sale Includes Building/Bus/LandEquipment Incl Sale Lease For Sale Special Features Historical Type Of Lease None Utilities Available SewerWater-City Zoning Commercial

Listing information © 2021 Iowa City Area Association of Realtors.
Listing provided courtesy of Wendy Fountain of Sellers & Seekers Real Estate.



© 2021 Iowa City Area Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Lepic Elite Home Team | Lepic-Kroeger, Realtors. Data last updated: 2021-10-23T00:25:52.653
 
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