Special offer

Motel on the River

By
Services for Real Estate Pros with Homes Plus Realty, llc, 3095874

COMMERCIAL AND ON THE RIVER - 18 unit motel on the inter coastal water way with attached restaurant building and separate motel office building. Separate laundry facility, two permitted road signs, and private well and septic. Older facility in good condition offering aprox 1.5 acres and 130+ foot frontage on US Route #1 and INDIAN RIVER with a 100+ foot long dock. Current zoning is TU-1, but subject to change with city water and sewer on the way. Great income property. Adjacent home .89 acre zoned commercial also available. Excellent potential to redevelop into condotel, condos, major restaurant facility. Offered at $860,000.

Bob Calistri, Broker
Real Estate Auctions, llc

www.realestateauctionsllc.com

bob@realestateauctionsllc.com

 

Comments(1)

Jane Page Thompson
Aiken Properties - Aiken, SC

Robert, I remember staying in these motels along Route 1 when we were on family vacations.  i think some should be preserved as cultural landmarks, this one has a beautiful water view!

Nov 03, 2008 12:08 PM