Take Advantage of a Rare Investment Opportunity! The historic 35 Unit Outrigger Motel w-83 income producing storage units is located just South of Sailboat Bridge. The project offers significant potential for redevelopment or revitalization. Each unit provides a blank canvas for future upgrades. The Motel rooms are currently gutted by fire damage. The Main Building features a functional kitchen, suitable for a restaurant with its versatile space along w-an indoor pool & retractable roof. Also included are 83 Mini Storage Units of varying size for Steady Passive Income.Bring your vision to life w-this property & explore its potential for long-term profitability in this growing lake community. This property has been a staple of fishermen visiting the area for years-Near Wolf Creek.
Mls | 24-2237 |
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Listing Type | For Lease |
Subtype | Resale |
Status | Active |
Year | 0 |
Days On Site | 25 |
Listing Provided By | Keller Williams Realty Grand Lake | Teresa Poindexter |
Sq Feet | 24,846 |
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Storys | 1 |
Acreage | 2.22 |
Property View | None |
State | OK |
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County | Delaware |
City | Grove |
Zip Code | 74344 |
Area | Grove Delaware County |
Community Name | FREEMAN 2ND ADDN TO GROVE |
School District | Grove |
Listing VS Median (in FREEMAN 2ND ADDN TO GROVE) | |
Price: $1,200,000 low | high Med: $1,200,000 SqFt: 24,846 low | high Med: 24,846 $ / SqFt: $48 low | high Med: $48 On Site: 25 low | high Med: 25.000000 |