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In-PersonVirtual Tour
$ 775,000
Est. payment | /mo
10,884 SqFt
$ 775,000
Est. payment | /mo
10,884 SqFt
Key Details
Property Type Commercial
Sub Type Hospitality
Listing Status Active
Purchase Type For Sale
Square Footage 10,884 sqft
Price per Sqft $71
MLS Listing ID 60273547
Year Built 2006
Annual Tax Amount $3,701
Tax Year 2023
Lot Size 3.670 Acres
Acres 3.67
Property Description
Income-Producing Investment Opportunity Adjacent to Lucas Oil SpeedwayDiscover a lucrative investment opportunity on US Hwy 54 in Wheatland, Missouri. This unique property boasts multiple revenue streams including:12-Room Motel: Built in 2006, fully operational with 23 beds and essential furnishings included in the sale.37 Fully Leased Storage Units: Offering a variety of sizes (9 units at 12x24, 10 units at 12x26, and 18 units at 6x12), providing stable rental income.Versatile Cabin: Ideal for Airbnb rentals, providing additional income potential.Residence: A comfortable 3-bedroom, 2-bathroom manufactured home for owners or as additional rental income.RV Pad Sites: 2 sites with electrical hookups, catering to travelers and outdoor enthusiasts.Situated on 3.67 acres, this property offers ample room for expansion of the storage units, maximizing future revenue. Its prime location adjacent to Lucas Oil Speedway ensures visibility and steady traffic flow, enhancing business prospects.Key Details:Price: $775,000Land Area: 3.67 acresTax (2023): $3,701.69Potential: Expand storage units to capitalize on growing demand.Whether you're expanding your investment portfolio or seeking a profitable business venture, this property promises exceptional returns in a thriving location. Don't miss out--schedule a showing today!
Location
State MO
County Hickory
Interior
Heating Electric, Gas
Cooling Electric, Wall Unit(s)
Exterior
Fence Other-See Remarks
Utilities Available Electric, Gas, High Speed Internet Access, Public Sewer, Public Water
Waterfront Description None
Roof Type Composition
Parking Type 20+ Spaces, Gravel, Hard Surface, Parking Area
Building
Lot Description Level, Outbuilding(s)
Others
Tax ID 05-6.0-24-000-000-018.000
Listed by Brad Middlemas Keller Williams Greater Springfield
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Westgate Realty
Broker | License ID: 2019046646