This property is Off-Market

500 Mark Twain Ave
Hannibal, MO 63401 ·

42 Rooms · Hotel & Motel For Sale

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Americas Best Value Inn

Price N/A No. Stories 2
No. Rooms 42 Year Built 1958
Building Size 17,447 SF Corridor Exterior
Property Type Hotel & Motel Lot Size 42,253 SF
Property Sub-type Economy/Limited Service APN / Parcel ID 010.09.29.1.04.005.000
Property Use Type Vacant/Owner-User Parking Ratio 1.19 / 1,000 SF
Listing ID: 17615331 Date Created: 04/12/2012 Last Updated: 08/22/2012

Description

Americas Best Value franchise motel. Well maintained older property, with nice furnishings too. On a busy road close to downtown, this property has 42 units, a manager's 3 bedroom apartment, and front office with area for morning breakfast buffet. The franchise fees are moderate. Property has 4 buildings, large parking lot, Inground exterior Swimming pool, laundry, and front office. Attention Churches and Social Services, this is the perfect opportunity to find something affordable that can be used for a women's shelter, residential shelter, retreat or training center with a pool, or other use. Can be purchased as a package with additional motel , 612 Mark Twain, next door to double the occupancy! Great opportunity for a family to invest their money and work the business together.
Investors: Possible tear down and redevelopment site, and a liberal "E" zoning.

from St. Louis, hwy 70 west to hwy 61 north to Hannibal exit 210B, exit to hwy 72 so, then follow to exit 157, exit onto mo 79 south, aka Mark Twain, follow to property on left

Highlights

  • Inground pool-exterior
  • 4 buildings
  • Nice 3 bedroom manager's apartment

Research

500 Mark Twain Ave, Hannibal, MO 63401 (Marion County)

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