Welcome to the historic Chewalla Motel, a revered landmark in Eufaula's hospitality landscape since1952. This distinguished property presents an enticing investment opportunity, boasting over 11k sq. ft. ripe for redevelopment. Situated on 3.81 acres of prized WATERFRONT real estate along the serene Chewalla Creek, this location holds immense promise for savvy investors seeking to capitalize on its unique attributes. This versatile property features 39 units & a spacious front lobby, offering ample space for reimagined commercial endeavors. Partial renovations have been completed, providing a solid foundation for further improvements. With zoning classified as C2 & C4, there's flexibility for a variety of commercial ventures, from boutique accommodations to outdoor adventure experiences. Embrace the heritage of yesteryears embodied in the slogan Get the rest of your life, resonating with the timeless allure of the property. Eufaula is known as the Big Bass Capital, the property taps into a vibrant tourism market with significant growth potential. With a daily traffic count exceeding 22k vehicles & convenient access from Hwy 431, accessibility is effortless. Opportunity awaits to acquire a piece of Eufaula's history and shape its future. Embark on a journey to redefine hospitality in this picturesque waterfront locale. Whether you're an experienced investor or seeking your next commercial venture, this property offers endless possibilities. Call today.
| Date | Price |
|---|---|
| -- | New Value: $775,000 |
| 3/21/2024 3:15:00 AM | New Value: $775,000 |