Remarks

Over 9 acres in the heart of Lake Ozark with an amazing Lake view. Opportunity for expansion or take the property in a new direction. Property was previously used as a 26 room motel, and current owner has been renting individual rooms out as either nightly, weekly, or monthly to low income tenants. Has been grossing $17,500 per month since purchased; stays full all the time. Current owner had private well dug and installed which is a HUGE savings. Electric runs $3000 per month. Motel could be fixed up and re-opened or with 8 acres in this location the uses are endless. Property includes a separate building that was the motel office but could easily be turned back into a home or owner's quarters for the motel. This could be a great spot for several multi-level office buildings or even a restaurant or winery. Great visibility and easy access from Business 54.

Details

MLS#: 3560589
Price: $1,750,000

Style: Office

County: Miller
Tax Fee: 7900