Fredericktown, MO 63645,6795 Highway 67
Fredericktown, MO 63645,6795 Highway 67
Fredericktown, MO 63645,6795 Highway 67
$199,500
Est. payment /mo
$199,500
Est.Price: ?

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11,090 SqFt
SOLD DATE : 11/15/2024

Key Details

Sold Price $199,500

Property Type Commercial

Sub Type Commercial & Indr.

Listing Status Sold

Purchase Type For Sale

Square Footage 11,090 sqft

Price per Sqft $17

Subdivision Deguire

MLS Listing ID 23025032

Sold Date 11/15/24

Lot Size 10.900 Acres

Acres 10.9

Property Description

Formerly the Long Horn Motel. Now converted into apartments. The restaurant is vacant but does have potential with some work. Newer carpeting was installed several years ago in the restaurant, but again, the building does need work. The property has two parcels and approximately 10.9 acres of land. The motel section, plus another build with units. Also has several mobile home pads that are rented.

There is a good cash flow with the current tenants, but please understand the property does need some attention. However, there is a main living quarter where someone could live and rent the other units. Additional income could be earned from the restaurant being rented.

The property is across from an active truck stop, so think outside the box; this parcel of ground is worth a lot!

NOTE - INCOME AND EXPENSES ARE ONLY GUSSES, AS THE OWNER HAS RECENTLY ACQUIRED THE PROPERTY BACK AND HAS NO IDEA WHAT THE ACTUAL INCOME AND EXPENSES ARE AT THE TIME OF THE LISTING AGREEMENT.

Location

State MO

County Madison

Area Fredericktown

Interior

Heating Individual Unit

Cooling Wall Unit(s)

Fireplace N

Exterior

Utilities Available Cable Available, Electricity Available, Water Available, Sewer Available

Roof Type Flat

Building

Sewer Lagoon

Water Well, Water Main - 2 Inch

Structure Type Conventional

Others

Acceptable Financing Cash Only, Conventional

Listing Terms Cash Only, Conventional

Special Listing Condition None

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Listed by John Mayfield • Mayfield Real Estate
Bought with John Mayfield

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Kristen Bland

CEO | License ID: 2021043213

+1(636) 532-8580

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