Remarks

Prime 2.95 +/- acre commercial lot with excellent I-44 exposure, situated among numerous businesses, restaurants, and retail areas, offering an exceptional redevelopment opportunity. Zoned C-2, this lot is perfect for a wide range of commercial uses, including retail, office space, dining establishments, or mixed-use developments. Please note that the existing motel on the property will not be included in the sale and must be demolished by the buyer within six months of purchase. Furthermore, no hotels, motels, or any form of lodging accommodations will be permitted on the property in the future. With its strategic location and the flexibility for various commercial projects, this property provides a unique opportunity to shape the landscape of this thriving area.

Details

MLS#: 24034025
Price: $3,500,000

Style: 2 Stories
Year Built: 1971

County: Phelps
Subdivision: Railroad Addition
Tax Fee: 34830