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Clarion Inn & Conference Center Emporia 2700 W 18th Ave 120 Room Hotel Emporia, KS 66801 $2,100,000 ($17,500/Room)
Investment Highlights
- Significant prior capital improvements completed
- Redevelopment or adaptive reuse possibilities
- Convenient location with access to highway and retail
- Large site with strong underlying land value
- Rare opportunity to acquire a property with substantial upside potential
Executive Summary
This hotel property presents a unique opportunity for investors, developers, or experienced hospitality operators. Prior ownership completed substantial renovations and upgrades throughout much of the property, creating a strong foundation for future repositioning or reopening.
Following ownership changes during the pandemic era, the property has remained largely inactive for several years and is being offered for sale in its current condition. Existing improvements, combined with the property's location, size, and underlying land value, provide multiple potential paths for redevelopment, renovation, adaptive reuse, or continued hospitality operations.
The property offers investors the opportunity to capitalize on previous renovation efforts while bringing their own vision to the asset. Buyers are encouraged to conduct independent due diligence regarding the condition of all improvements, systems, and operational requirements.
Please note: Interior photographs reflect prior renovations and improvements completed before the property's period of inactivity. Current exterior photographs represent the property's present condition. Property is being sold as-is.
Following ownership changes during the pandemic era, the property has remained largely inactive for several years and is being offered for sale in its current condition. Existing improvements, combined with the property's location, size, and underlying land value, provide multiple potential paths for redevelopment, renovation, adaptive reuse, or continued hospitality operations.
The property offers investors the opportunity to capitalize on previous renovation efforts while bringing their own vision to the asset. Buyers are encouraged to conduct independent due diligence regarding the condition of all improvements, systems, and operational requirements.
Please note: Interior photographs reflect prior renovations and improvements completed before the property's period of inactivity. Current exterior photographs represent the property's present condition. Property is being sold as-is.
Property Facts
Amenities
- Business Center
- Fitness Center
- Pool
- Restaurant
- Meeting Event Space
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 120 | $134.00 | - |
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 193-05-0-40-09-009.00-0 | Improvements Assessment | $43,275 |
| Land Assessment | $217,028 | Total Assessment | $260,303 |
Property Taxes
Parcel Number
193-05-0-40-09-009.00-0
Land Assessment
$217,028
Improvements Assessment
$43,275
Total Assessment
$260,303
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Clarion Inn & Conference Center Emporia | 2700 W 18th Ave
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