Remarks

Take Advantage of a Rare Investment Opportunity! The historic 35 Unit Outrigger Motel w-83 income producing storage units is located just South of Sailboat Bridge. The project offers significant potential for redevelopment or revitalization. Each unit provides a blank canvas for future upgrades. The Motel rooms are currently gutted by fire damage. The Main Building features a functional kitchen, suitable for a restaurant with its versatile space along w-an indoor pool & retractable roof. Also included are 83 Mini Storage Units of varying size for Steady Passive Income.Bring your vision to life w-this property & explore its potential for long-term profitability in this growing lake community. This property has been a staple of fishermen visiting the area for years-Near Wolf Creek.

Details

MLS#: 24-2237
Price: $1,200,000

Style: Commercial
Sq Ft: 24846.00

County: Delaware
Subdivision: FREEMAN 2ND ADDN TO GROVE
Lot Size: 96738
Tax Fee: 5912.00

School District: Grove