Historical Hotel & Motel Sale Listing - Gabes Tower

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Gabes Tower

1926 Triplett Street, Owensboro, KY 42303

N/A

120 Rooms | Hotel & Motel

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Hotel / Motel - Off Market

Price:
N/A
No. Rooms:
120
Building Size:
65,300 SF
Property Type:
Hotel & Motel
Property Sub-type:
Economy/Limited Service
Property Use Type:
Investment
No. Stories:
13
Year Built:
1964
Corridor:
Interior
Listing ID
16244770
Last Updated
over 1 year ago

Highlights

  • 120 hotel rooms, Restaurants & kitchens on 1st and 12th floors
  • 65,300 SQ. FT. 13-STORY HOTEL BUILDING
  • Built in 1964, Extra-ordinary steel based building foundation. Steel and Glass Structure
  • Enclosed corridor, Glass & Steel construction
  • 60 marked parking spaces on the property
  • Two elevators, Lobby with restrooms and registration desk

Description

Formerly Ramada Inn, this unique property features a commercial building that is conveniently located near Owensboro's center and many high-traffic thoroughfares in the area. Zoned B-4 General Business, this property has many potential uses: Hotel, Condominiums, Apartments, Assisted Living Residences, Offices and more. Whether as an investment or as a place of business, this building could be an excellent opportunity for prudent investor.

Motivated, out-of-town owner/seller will provide short term owner financing.

In September 2005, this property was sold for $1.5 million.

Property Features:
------------------------
+ 65,300 SQ. FT. 13-STORY HOTEL BUILDING
+ 120 hotel rooms, 12 hotel rooms per floor. Two Elevators to Top Floor
+ Three floors has no guest roomd- 1st floor:lobby with rest room,a restaurant,a small giftshop. 13th floor: swiming pool and a bar,can be converted to a party hall. 12th floor: bar, restaurant.
+ Sprinkler system installed. We have blue print/building plan.
+ Enclosed corridor, Glass & Steel construction
Terms:
----------------
+ This property sells as is with no warranties. It has been vacant .
+ Property Visit: By Appointment Only

Owensboro Metro

Map of 1926 Triplett Street, Owensboro, KY 42303 (Daviess County)

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