353 Hwy 30 SW

    Mt Vernon, IA 52314
    • $475,000
    • STATUS: Active
    • ON SITE: 85 days
    • MLS #: 1905390
    UPDATED: 232 min ago
    $475,000
    • 0
      BEDS
    • 1.98
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,071
      SQFT
    • $78
      $/SQFT
    Neighborhood:
    OT-E (East Of I-380)
    Type:
    Business Opportunity
    Built:
    1953
    County:
    Linn
    Area:
    OT-E (East Of I-380)

    School Ratings & Info

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    Description

    Investment property in prime location with high traffic counts. 1.98 acre lot on Hwy 30 just west of the Hwy 1 and Hwy 30 roundabout. The current owners/family have operated the established Mount Vernon Motel since 2006 and have lived onsite in the 2 bedroom 2 bath apartment. 15 units book out nightly, weekly or monthly. Room to build another commercial building on the existing green space between Hwy 30 and the generous sized parking lot. Contact the listing agent today for more details and a tour.

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    © 2019 Cedar Rapids Area Association of REALTORS® Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Graf Home Selling Team & Associates. Data last updated: 2019-10-16T23:42:33.097.
    www.cedarrapidsareahomes.com/homes/97180955

    353 Hwy 30 SW Mt Vernon, IA 52314

    • Price: $475,000
    • Status: Active
    • Updated: 232 min ago
    • MLS #: 1905390
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.98
    Acres
    6,071
    SQFT
    $78
    $/SQFT
    1953
    Built
    Neighborhood:
    OT-E (East Of I-380)
    County:
    Linn
    Area:
    OT-E (East Of I-380)
    Property Description
    Investment property in prime location with high traffic counts. 1.98 acre lot on Hwy 30 just west of the Hwy 1 and Hwy 30 roundabout. The current owners/family have operated the established Mount Vernon Motel since 2006 and have lived onsite in the 2 bedroom 2 bath apartment. 15 units book out nightly, weekly or monthly. Room to build another commercial building on the existing green space between Hwy 30 and the generous sized parking lot. Contact the listing agent today for more details and a tour.
    Exterior Features

    Construction Methods Frame Lot Size 1.98 Acre Roof Shingle Asp

    Interior Features

    Basement YN No Ceiling Height 7Ft-10Ft Flooring CarpetConcrete SlabSee Remarks Heating Cooling Central AirCentral HeatElectricity HeatGas HeatWindow/Wall Air

    Property Features

    Building Description Single Tenant For Lease No For Sale Yes Gross Tax 13406 Miscellaneous Kitchen FacilityOff Str PkgRest RoomsSec LightingSignStorage Area Net Tax 10174 Owner Pays Re TaxInsuranceCamImprovmentJanitorialHeatingWaterElectricityTrash Collection Possession Negotiable Power 220 Volt Property Sub Types BusinessSpecial Purpose Restricted Listing No Sale Includes BuildingBusinessLandSee Remarks Special Purpose Hotel/Motel Terms Cash Trade Bldg Business Name Mt Vernon Motel Utilities ElectricGas Water Sewer Roads City SewerCity Water Zoning Comm

    Listing information © 2019 Cedar Rapids Area Association of REALTORS® Multiple Listing Service.
    Listing provided courtesy of Molly Jo Wolfe of Coldwell Banker Lee's Town And Country.
    © 2019 Cedar Rapids Area Association of REALTORS® Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Graf Home Selling Team & Associates. Data last updated: 2019-10-16T23:42:33.097.
     
    The Graf Home Selling Team & Associates
    1190 Twixt Town Rd NE
    Cedar Rapids IA, 52402