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Budget Inn La Fonda Motel 229 W Pancake Blvd 46 Room Hotel Liberal, KS 67901 $899,000 ($19,543/Room)
Executive Summary
This property offers a great mix of business and living space. The Budget Inn La Fonda is a 46-room operating motel located right along Highway 54, giving it great visibility and easy access for travelers. A restaurant on-site is currently leased, providing steady rental income.
There’s a large parking lot with space for big trucks, making it convenient for guests. Behind the office is a private 1-bedroom home with 1.5 bathrooms, a spacious living room, full kitchen, and three outdoor wood storage rooms—perfect for an owner or manager to live on-site.
The property also includes a two-story building with 14 rooms, currently closed, that could be turned into apartments or used for other income opportunities.
This is a great chance to live where you work, expand your business, or invest in a high-traffic location.
Owner financing is available!
There’s a large parking lot with space for big trucks, making it convenient for guests. Behind the office is a private 1-bedroom home with 1.5 bathrooms, a spacious living room, full kitchen, and three outdoor wood storage rooms—perfect for an owner or manager to live on-site.
The property also includes a two-story building with 14 rooms, currently closed, that could be turned into apartments or used for other income opportunities.
This is a great chance to live where you work, expand your business, or invest in a high-traffic location.
Owner financing is available!
Property Facts
| Price | $899,000 | Lot Size | 0.90 AC |
| Price Per Room | $19,543 | Building Size | 10,000 SF |
| Sale Type | Investment | No. Rooms | 46 |
| Sale Condition | Business Value Included | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1956/2019 |
| Property Subtype | Hotel | Parking Ratio | 4.6/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Zoning | Commercial - Commercial | ||
| Price | $899,000 |
| Price Per Room | $19,543 |
| Sale Type | Investment |
| Sale Condition | Business Value Included |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.90 AC |
| Building Size | 10,000 SF |
| No. Rooms | 46 |
| No. Stories | 2 |
| Year Built/Renovated | 1956/2019 |
| Parking Ratio | 4.6/1,000 SF |
| Corridor | Exterior |
| Zoning | Commercial - Commercial |
Amenities
- Business Center
- Pool
- Restaurant
About 229 W PANCAKE BLVD , LIBERAL, KS 67901
44 Room Hotel offering a great mix of business and living space..
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 2 | $87.00 | - |
| Guest Room | 44 | $53.00 | - |
1 1
Walk Score®
Very Walkable (78)
Property Taxes
| Parcel Number | 193-05-0-10-22-012.00-0 | Improvements Assessment | $10,690 |
| Land Assessment | $18,500 | Total Assessment | $29,190 |
Property Taxes
Parcel Number
193-05-0-10-22-012.00-0
Land Assessment
$18,500
Improvements Assessment
$10,690
Total Assessment
$29,190
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Budget Inn La Fonda Motel | 229 W Pancake Blvd
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