705 S MAIN STREET $500,000

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    705 S MAIN STREET LINDEN, AL 36748

    • 0.30 Acres
    • Commercial
    • MLS# 21374000
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    Views: 17 Days On Site: 118

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    Property Details

    Invest in an exceptional motel opportunity! This 13-unit gem boasts a prime location in West Central Alabama, serving the lodging needs of local manufacturing and other workers. The owner's suite, a spacious 4-bedroom, 2.5-bath, adds value. Each room offers comfort with 2 full-sized beds, nightstand, individual bathrooms, microwave, and refrigerator. Enjoy a low vacancy rate, thanks to the consistent demand from the thriving workforce in the area. With the closest motel 15 miles away, this property stands as a lucrative investment, promising sustained returns in a high-demand market. Don't miss out on this golden opportunity!

    • General Features
      • County Marengo
      • MLS Market Area Marengo County
      • Property Type Retail
      • Sale Includes Bldg
      • Sales Type N/A
      • Year Built 1978
      • Year Built Desc Existing
    • Building Features
      • Building Name Best Linden Inn
      • Cooling Central-Electric
      • Construction Brick (CONST)
      • Flood Plain Y/N No
      • Heating Electric (HEAT), Heat Pump (HEAT)
      • Floors Tile/Vinyl, Wall-to-Wall Carpet
      • IDX Include Yes
      • Interior Other
      • Leases None
      • ROOMS Private Restrooms
      • Number of Buildings 1
      • Number of Stories 2
    • Room Features
      • Type of Business Hotel/Motel
    • Property Features
      • Number of Acres 0.3
      • Street Property Access Street Frontage
      • Property Includes None
      • Property To Remain Microwave, Refrigerator

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    Property History

    Date Event Price Percent Change
    -- Current Price Source: Multiple Listing Service New Value: $500,000
    1/8/2024 3:12:00 PM New in Database Source: Multiple Listing Service New Value: $500,000

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    * This payment calculator is intended for educational and planning purposes only.
    ** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
    Information is provided in part by the IDX Program of the Birmingham Area Multiple Listing Service. All information provided is deemed reliable but is not guaranteed and should be independently verified.

    Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.