108 Pearl St, Bedford, IA 50833

$109,900
9
BD
9
BA
5,128
SqFt

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List Price
$109,900
Status
ACTIVE
MLS#
6340099
Subtype
Residential
Style
Ranch
Year Built
1951
Bedrooms
9
Bathrooms
9
Full Baths
9
Living Area
5,128
Lot Size
55,757
Acres
1.28

Property Description

Here is your chance to own a working business that already has guests checking in and cash coming through the door. This established motel sits on roughly 1.28 acres M/L and offers fifteen total units, giving you plenty of room to run a solid operation from day one. Nine of those units have been freshly updated, and it shows. Think tile floors, tile showers, fresh paint and curtains, new furniture, new plumbing fixtures, televisions, microwaves, and mini fridges, all the little touches that keep travelers comfortable and happy. The remaining units leave room for you to put your own stamp on things, whether you tackle them one at a time or all at once. A dedicated office area keeps the front desk side of things organized, so you can greet guests, handle bookings, and manage the day-to-day without any headaches. There are also two garages on the property, and although they need some work just consider them a project with potential, whether you want extra storage, a maintenance space, or something entirely new. The real beauty here is that you are not starting from scratch. The business is up and running, the location is set, and the bones are all in place. Add a little vision and some elbow grease, and this could be a rewarding venture for the right owner. Opportunities like this do not roll around every day. Come take a look, picture the possibilities, and schedule your private showing today before someone else beats you to it. Give us a call today!

Additional Information

Taxes
$4,578
Property Description
Ranch
Zoning
Business/Commercial, Resi
Flooring
Tile
Appliances
Microwave, Refrigerator, Electric Water Heater
Heating
Ductless
Air Conditioning
Window/Wall
Roof
Shingle
Parking Features
Detached, Paved
Garage Spaces
2

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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Red Brick Realty.