620 Se 2nd Avenue, Cresco, IA

$390,000

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7,745

Square feet

1.19

Acres

About 620 Se 2nd Avenue

The Cresco Motel is conveniently located along State Hwy 9 near restaurants, a coffee shop, 24-hour convenience store, dollar store and liquor/ gifts. The surrounding neighborhood consists of well-kept residential homes and a great public school system. This 20-room property has a fully furnished 2-bedroom manager apartment, laundry room with 2 washers and dryers, garage and storage container. The large parking lot offers plenty of room for guests while being able to accommodate RVs and large trucks. The roof was replaced in 2017. All furniture, fixtures, cameras and supplies will stay with this turnkey business. Cresco is known as "Iowa's Year 'Round Playground" because of the variety of recreational activities available to our visitors and residents. Cresco also offers a strong economy with many long-term businesses and employment opportunities. Great investment opportunity and the current owners pride shows in this well-maintained motel.

Features of 620 Se 2nd Avenue

MLS® # 20244361
Price $390,000
Square Footage 7,745
Acres 1.19
Year Built 1958
Type Residential Income
Sub-Type Multi-Family 5+
Status Active

Community Information

Address 620 Se 2nd Avenue
City Cresco
County Howard
State IA
Zip Code 52136

Amenities

Utilities Cable in Rent, Electric in Rent, Garbage in Rent, Water in Rent
Parking Spaces 30
Parking Gravel, Detached
# of Garages 1

Interior

Heating Radiant, Steam
Cooling Wall Unit(s)

Exterior

Lot Description Level
Roof Asphalt

Lease Information

Price Type Gross

School Information

Elementary Cresco
Middle Cresco
High Cresco

Additional Information

Date Listed September 27th, 2024
Days on Market 44
Zoning C-1
Total Building Sq. Ft. 0.00
Gross Taxes $6,312

Listing Details

AgentSteven Burke
OfficeBurke Real Estate

Listing Map

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