$825,000
The Arrowhead Motel — A Unique Burlington Investment Opportunity. Burlington’s longest-standing local motel, the Arrowhead Motel presents a rare opportunity to acquire an established hospitality business with 29 complete motel suites, each with its own unique layout and character. Beyond the motel itself, the property includes multiple additional buildings and income-producing components, including a duplex 3-bed, 2-bath unit, and 3-bedroom, 1-bath, unit as well as a 3-bed, 2-bath house with an attached garage. The property also includes a long-term commercially leased building, three additional garage spaces, on-site coin laundry, owner/manager living quarters, and commercial housekeeping and laundry equipment. Burlington is experiencing increased activity, with new plants and businesses planned or being developed in the area. This growth may create additional demand for lodging from employees, contractors, vendors, and business travelers in the coming years. The Arrowhead also offers flexibility for the future. A buyer could continue operating the property as a motel, update and reposition the business, or explore other uses such as residential apartments, subject to zoning and required approvals. An additional commercial building may also be negotiated into the sale, providing even more possibilities for the right buyer. Established business. Multiple buildings. Multiple potential uses. One unique opportunity to make the Arrowhead Motel your own.
6342635
MLS
2518 Mount Pleasant St, Burlington
Listing courtesy of with Century 21/Property Professionals
