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 |
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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 |
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City | Cresco |
County | Howard |
State | IA |
Zip Code | 52136 |
Amenities
Utilities | Cable in Rent, Electric in Rent, Garbage in Rent, Water in Rent |
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Parking Spaces | 30 |
Parking | Gravel, Detached |
# of Garages | 1 |
Interior
Heating | Radiant, Steam |
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Cooling | Wall Unit(s) |
Exterior
Lot Description | Level |
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Roof | Asphalt |
Lease Information
Price Type | Gross |
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School Information
Elementary | Cresco |
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Middle | Cresco |
High | Cresco |
Additional Information
Date Listed | September 27th, 2024 |
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Days on Market | 44 |
Zoning | C-1 |
Total Building Sq. Ft. | 0.00 |
Gross Taxes | $6,312 |
Listing Details
Agent | Steven Burke |
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Office | Burke Real Estate |