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13031 Highway 603, Bay Saint Louis, MS 39520

$900,000
Property Type: Commercial Sale Square Footage: 10,140 Lot Size (sq. ft.): 50,965 Status: Active
Current Price: $900,000 List Date: 10/06/2022 Last Modified: 3/26/2024

Description

This motel is ideally located near the heart of the Mississippi Gulf Coast, offering easy access to stunning beaches and a variety of attractions. The nearby towns of Bay St. Louis, Waveland, Kiln, and Diamondhead provide a rich cultural experience and numerous recreational activities for guests to enjoy. With close proximity to I-10, travelers will appreciate the convenience and accessibility of this location. Investment Potential: This motel presents an exceptional opportunity for investors. With 19 rooms and a leased on-site seafood restaurant, this property offers multiple streams of income. The convenience of the location, coupled with the nearby attractions, ensures a steady flow of guests throughout the year. Don't miss your chance to own this investment property in one of Mississippi's most sought-after areas. Schedule a showing today to explore the potential of this 19 room motel conveniently located right off I-10. Contact us for more information or to make an offer.

More Information MLS# 4030617

Address and Location Information

Street Number: 13031 Street Name: Highway 603 County: Hancock State: MS Zip Code: 39520 Nearest Cross Street: I 10 Parcel Number: 133q-0-08-006.000 N or S of I-10: S N or S of CSX Railroad Track: N

Listing Information

Status: Active List Date: 2022-10-06 List Price: $900,000 Current Price: $900,000 Property Sub Type: Business Listing Service: Full Service New Construction: No

Co-Op and Commission Information

Buyer Agency Compensation: 3 Buyer Agency Comp Type: %

General Property Information

Approx Lot Size Acres: 1.17 Approx H/C SqFt: 10140 SqFt Source: Estimated List Price/SqFt: 88.76 Year Built: 1992 Year Built Source: Public Records Total Floors: 2 Accessibility Features: Yes

Tax and Financial Information

Tax Annual Amount: 12126 Tax Year: 2021 Flood Insurance Required?: Yes Leasehold Y/N: No Association: No Legal Description: PT S1/2 LOT 4 W OF HWY 603 8-8-14

Remarks & Miscellaneous

Public Remarks: This motel is ideally located near the heart of the Mississippi Gulf Coast, offering easy access to stunning beaches and a variety of attractions. The nearby towns of Bay St. Louis, Waveland, Kiln, and Diamondhead provide a rich cultural experience and numerous recreational activities for guests to enjoy. With close proximity to I-10, travelers will appreciate the convenience and accessibility of this location. Investment Potential: This motel presents an exceptional opportunity for investors. With 19 rooms and a leased on-site seafood restaurant, this property offers multiple streams of income. The convenience of the location, coupled with the nearby attractions, ensures a steady flow of guests throughout the year. Don't miss your chance to own this investment property in one of Mississippi's most sought-after areas. Schedule a showing today to explore the potential of this 19 room motel conveniently located right off I-10. Contact us for more information or to make an offer.

Auction

Auction: No

Showing Requirements

Showing: Appointment Required

Basement Features

Basement: No

Property Features

Business Type: Hotel/Motel; Restaurant Current Use: Other Possible Use: Hotel/Motel; Restaurant Structure Type: Lowrise 1-2 Floors Location: Interstate Exchange Levels: Two Walls - Interior: Sheetrock Sewer: Public Sewer Water Source: Public Foundation Details: Slab Parking Features: Parking Lot Additional Transportation: Airport 3+ Miles Approx Age Code: Older 25+ Years
Listing Office: HL Raymond Properties, LLC
Listing Agent: Holly Lemoine Raymond
Last Updated: March - 26 - 2024

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

Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.