$1,721,250
1842 MADISON Avenue
COUNCIL BLUFFS, IA 51503
MLS# 19-29
Status: Closed
29484 sqft


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Property Description
Rare Opportunity------- Super Location Off I-80. 51 Room 2 Store Western Inn. Only 2 Owners In 34 Yrs. Very Well Maintained Property. Offering Large Lobby Area,Large Swimming Pool,Large Parking Lot For Ample Parking. Close To Many Entertainment Venue's.

Details
Maps
Contract Information
Auction: No
Sale: For Sale
Bank Owned?: No
Agent Equity: No
Current Price: $1,721,250
Status: Closed
Listing Date: 2019-01-07
Sold Price: $1,721,250
General Property Description
Location: Strip Center
Leased: None
Building Size: 20,001 - 50,000
Exchange: No
Bldg Expandable: No
Addl Land Availble: No
SF Manufacturing: 0
SF Warehouse: 0
SF Office: 0
SF Mezzanine: 0
SF Freezer: 0
SF Refrigerator: 0
SF Other: 29484
Lrgst Cnt SF Lease: 0
Lot Dimensions: 1.42 Acres
Type of Property: Business with RE
Year Built: 1986
Tot Fnshd SF: 29484
Location, Tax & Legal
Located City/County: City
Legal: Lengthy See Office
Parcel No.: 7443 05 151 001
Current REIDS Yr Pd: N/A
Insurance: TBD
Area: Area 9
House #: 1842
Street Name: MADISON
Street Suffix: Avenue
State/Province: IA
County: POTTAWATTAMIE
Zip Code: 51503
Remarks & Misc
Directions: At The I-80 And Madison Ave. Exit Motel Is On The South Side Of I-80
Office/Member Info
Net Taxes: 64034
Tax Year: 2017
Status Change Info
Type Of Financing: Conventional
Status Change Date: 2019-04-16
Under Contract Date: 2019-03-04
Sold Date: 2019-04-16
Sold Price: $1,721,250
Possession
At Closing: 1
Subject to Tenant: 1
Construction
Frame: 1
Roof
Other: 1
Terms
Sell In Entirety: 1
Potential Use
Motel/Hotel: 1
Improved Structure
Yes: 1
Lease/Rent Includes
None: 1
Parking
Parking Space: 1
Paved: 1
50 or More: 1
Number of Stories
Two: 1
Floors
Carpet: 1
Walls
Drywall: 1
Finished: 1
Insulated: 1
Utilities
Electricity: 1
Gas: 1
Phone Available: 1
Sewer: 1
Water: 1
Foundation/Basement
Concrete: 1
Slab: 1
Heating/Cooling
Electric: 1
Forced Air: 1
Natural Gas: 1
Window Unit(s): 1
Zoned: 1
Misc Amenities
Sprinkler Live: 1
Ceiling Height
8': 1
9': 1
Door Height
No - OHD: 1
Door Width
No - OHD: 1
Docks
None: 1
Mortgage Info
Gross Taxes: 67802
Restrooms
Three or More: 1
ADA: 1
Wiring
Unknown: 1
Flood Zone
Status Unknown: 1
To Show
Call Agent: 1
Status Info
Sold Status: Sold Inner Office
REIDS Incl Sale Prc: Yes
Sale Price Incl Lot: Yes
Property Features
Terms: Sell In Entirety
Potential Use: Motel/Hotel
Improved Structure: Yes
Parking: Parking Space; Paved; 50 or More
Construction: Frame
Number of Stories: Two
Floors: Carpet
Walls: Drywall; Finished; Insulated
Roof: Other
Misc Amenities: Sprinkler Live
Ceiling Height: 8'; 9'
Door Height: No - OHD
Door Width: No - OHD
Docks: None
Restrooms: Three or More; ADA
Wiring: Unknown
Flood Zone: Status Unknown
Possession: At Closing; Subject to Tenant
To Show: Call Agent
Utilities: Electricity; Gas; Phone Available; Sewer; Water

Listing Office: Heartland Properties

Last Updated: September - 02 - 2024

Information deemed reliable but not guaranteed.