666 12TH ST W, Grafton, ND 58237 (MLS# 17-1068)


$150,000
666 12TH ST W
Grafton, ND 58237
MLS# 17-1068
Status: Closed



666 12TH ST W, Grafton, ND 58237
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Property Description
The Leonard Motel was built in 1964 and has been owned and operated by only 4 owners. There are currently 18 rooms, a lobby, manager's apartment. The apartment was two separate apartments that were combined to make one large apartment. There are 2 bedrooms, 2 full baths, 2 kitchens, and a living room. There is also a screened room with a hot tub and the hot tub is included.

Details
Documents
Contract Information
Status: Closed
List Price: $150,000
Current Price: $150,000
General Property Information
Legal: TBD
Property Subtype: CS
Lot Size Dimensions: -
Realtor.COM Type: Commercial
Bldg SqFt: 5850
Location, Tax and Legal Information
Area: Small Town ND
House Number: 666
Street Name: 12TH ST
Street Direction Sfx: W
State/Province: ND
Postal Code: 58237
County: Walsh
Taxes: 3448.88
Tax Year: 2016
Parcel Number: 37000010984000 & 37000010986000
Specials Amount: -
Specials Unpaid: -
Total Tax & Specials: -
Flood Plain: Contact Lender
Confidential Information
Begin Date: 2017-05-22
Sold Date: 2020-05-01
Property Features
Supplements
The motel rooms have boiler heat with wall AC units. There is a laundry room with 2 washers and 2 dryers. There is also one more building on the property that is currently used for storage that could be remodeled and add 6 more rooms to the motel. The current owners have taken care of the motel with pride and have owned the property since 1976. The name and reputation has always produced consistent sales and profits. The motel is located in a high traffic location with easy access near the highway. There is tons of potential for expansion by renovating the lobby area for additional rooms or additional business space. This is a great opportunity for someone with the vision to expand and grow the business.

Listing Office: Berkshire Hathaway Homeservices Family Rea

Last Updated: May - 01 - 2020


The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Information deemed reliable but not guaranteed.


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