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$1,500,000
Est. payment /mo
17,000 SqFt
UPDATED:
08/24/2024 04:48 AM
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 17,000 sqft
Price per Sqft $88
MLS Listing ID 4078614
Originating Board MLS United
Year Built 1960
Annual Tax Amount $12,138
Lot Size 1.570 Acres
Acres 1.57
Property Description
Prime Commercial Property - Spanish Inn Motel. Located at 915 Brookway Blvd, in the bustling heart of Brookhaven, this commercial property offers a unique investment opportunity with diverse potential. Currently operating as the Spanish Inn Motel, this establishment boasts 41 well-maintained rooms, with recent renovations including new laminate flooring and fresh paint, ensuring a turnkey operation for those looking to enter the hospitality industry. Rooms are competitively priced between $65-$75 per night, appealing to a broad range of guests.
Spanning 1.57 acres in a prime retail corridor, the property is strategically positioned between Starbucks and Wendy's, offering exceptional visibility and high traffic volume. This location is not just a thriving motel but also a promising site for redevelopment into a shopping center, standalone restaurant, or gas station, catering to both local and transient clientele.
Explore the potential to continue a profitable motel business or transform this space into a retail haven. The choice is yours at this prime Brookhaven location, where opportunity meets flexibility.
Spanning 1.57 acres in a prime retail corridor, the property is strategically positioned between Starbucks and Wendy's, offering exceptional visibility and high traffic volume. This location is not just a thriving motel but also a promising site for redevelopment into a shopping center, standalone restaurant, or gas station, catering to both local and transient clientele.
Explore the potential to continue a profitable motel business or transform this space into a retail haven. The choice is yours at this prime Brookhaven location, where opportunity meets flexibility.
Location
State MS
County Lincoln
Interior
Flooring Carpet, Laminate
Building
Level or Stories One
New Construction No
Others
Tax ID B77-14-1-049
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Information is deemed to be reliable but not guaranteed. Copyright © 2024 MLS United, LLC.
Listed by eXp Realty