= Required Field.

Already a Member?

Email Address:

Password:

Re-Enter Password:

First Name:

Last Name:

Country:

Zip/Postal Code:

Ext.

Day Phone:

Yes, I want to receive LoopNet's weekly newsletter "LoopNews" and information about LoopNet promotions and special offers.

No Thanks.

By clicking the button above, you are indicating that you have read, understood, and agree to LoopNet's Terms and Conditions.

We will NOT share your email address.
View Our Privacy Policy.

Welcome to LoopNet! Check out the listing below or search over 725,000 other listings.

Select a Property Type

You may enter a US or Canadian location in the following formats:

Zip Code
City, State
State

For additional search options, go to Advanced Search Advanced Search Advanced Search.

e.g. Los Angeles, CA or 91016

Advanced Search

Browse More Listings in Hotel & Motel For Sale, Vicksburg, MS or Mississippi

Hotel / Motel For Sale

The Ware House Luxury Resort

1408-1416 Washington Street, Vicksburg, MS 39180

Price:
$3,500,000
No. Rooms:
13
Building Size:
37,500 SF
Price/Room:
$269,230.77
Property Type:
Hotel & Motel
Property Sub-type:
Full Service
Additional Sub-types:
Mid/High-Rise
Restaurant
Property Use Type:
Investment
Commission Split:
3%
No. Stories:
3
Year Built:
1870
Corridor:
Yes
Lot Size:
0.47 AC
Find Out More...

Last Verified 11/2/2009 Listing ID 16098444

Highlights

The Ware House Hotel
The Ware House Lounge, Sports Bar & Grill, Shooters
4 suites available for sale as condos!

4 unique 19th century buildings in heart of historic downtown Vicksburg, MS
Suites are expansive units each with unique decor - no two are alike!
Parking garage behind property as well as on street and back lot parking

Description

4 buildings, 2 bars, 1 grill, 10 suites, 3 hotel rooms + room for expansion...... One fantastic property! Possible owner financing. PRICED BELOW APPRAISAL! 4 of the suites can be sold as condos!

The Ware House Hotel features 10 suites & 3 hotel rooms - all custom & unique in design. It was dubbed "Vicksburg's swanky hotel hybrid" by Delta Magazine. The Ware House Lounge is a full service bar with a cosmopolitan atmosphere & features black granite floors, stainless steel ceilings, leather seating, & LED lighting/music system. The Ware House Sports Bar & Grill provides family fun & amazing food while enjoying your favorite sports on the flat screen monitors at each booth or the 42" LCD tv's or the 15' projection screen. .

Room for expansion - 5 more suites, sports bar size can be enlarged, restaurant & wine/piano bar - all can be completed in existing space not fully finished on property.

This property should be seen to fully appreciate the quality of construction and attention to detail. Turn Key Operation.

PRICED WELL BELOW APPRAISED VALUE. 2 vacant lots adjacent to Crawford Park are also included in listing.

From I-20, take Clay Street/Hwy 80 exit. Left on Washington Street. The Ware House is comprised of 4 buildings + an elevated walkway to the parking garage, + 2 vacant lots adjacent to Crawford Park. Addresses of property include 1408, 1410, 1412, 1414, & 1416 Washington Street + 2 lots on Crawford Park.

Debt & Equity Information

Map of 1408-1416 Washington Street, Vicksburg, MS 39180 (Warren County)

Hide Map

Contact Listing Broker to find out more details.

Request additional information

Contact Listing Broker

Track changes to this property: Watch This Property
Share this listing: Send to Friend; Link to This Listing

Link
Copy the link above and share via email or IM.; Embed This on Your Web Site; Share on Facebook; Share on LinkedIn; Share on Twitter
Additional Options: Print Listing; View Map; Demographics; Research Price; Get Financing

Created 2/10/2009

Additional Information for 1408 Washington Street, Vicksburg, MS 39180

Active For Sale - 2 Listings
Active For Lease - 0 Listing
Previously Listed - 0 Historic Listing
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

Comparable Properties for 1408-1416 Washington Street, Vicksburg, MS 39180

Nearby Hotel & Motel properties for saleSearch all commercial real estate for sale

The Ware House Luxury Resort
$3,500,000

Nearby Recently Sold Hotel & Motel propertiesSearch all recently sold commercial real estate

Full Service
Sold 4Q 2007

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

Embed this Listing on Your Website

Hotel & Motel Property For Sale - The Ware House Luxury Resort

1408-1416 Washington Street, Vicksburg, MS, 39180