Own this historic hotel and building. It was built in 1900 and sits .14 acres.
It has several spaces that generate revenue. The building has a bar & pool hall space, a 10 room hotel, 3 bedroom apartment, studio apartment, retail space, and also a full basement for storage, all on this city lot with alley access.
The 10 hotel rooms are upstairs on the second floor along with the 3 bedroom apartment. The 10 rooms rent by the week or month. The rooms are currently at 100% occupancy with a waiting list. 8 rooms have been remodeled with paint, new electrical, new flooring, and sinks. The is a new 50 gal. electric water heater also. There is ample storage on this floor for linens and supplies. Access to the second floor can be made from Front Street or from the alley staircase.
The 3 bedroom, 1.5 bath apartment was remodeled in 2008. Electrical wiring, breakers and switches were all updated. New commode, shower and vanity. Fresh paint and new flooring throughout. The kitchen sink was replaced at this time as well as a separate 10 gal. electric water heater just for kitchen service.
The main floor hosts the large bar space, pool table rooms, studio apartment and retail space. Bar equipment sold with the property will include a 4 camera security system, new beer cooler and ice machine, new 50 gal. gas water heater, all new electrical wiring, breaker box and breakers, and ADA restroom facilities including a new sink and commode.
The back pool table bar room was updated in 2005. Paint and all new electrical. The (2) pool tables will stay and were recovered in 2011.
The studio apartment was updated in 2006 with fresh paint, new electrical (wiring, breakers, fans), new tub/shower and vanity, new flooring, and new 50 gal. electric water heater.
The retail space has a great large picture/display window and plenty of room for merchandise. There is a separate bathroom for this space as well. Currently being operated as a video store.
Please call for a private showing of this fantastic property. This property has many revenue streams and has great investment potential.