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.
Lot & Building Features
ConstructionConventional
CoolingWall Unit(s)
HeatingIndividual Unit
Parking DescriptionGravel
SewerLagoon
Tax Year2022
WaterWater Main - 2 Inch, Well
Price History of 6795 Highway 67, Fredericktown, MO
Date
Name
Price
Difference
07/26/2024
Price Adjustment
$199,500
11.33%
03/25/2024
Price Adjustment
$225,000
8.16%
05/04/2023
Listing Price
$245,000
N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
6795 Highway 67 (MLS #23025032) is a commercial listing located in Fredericktown, MO.
This is a commercial listing with a lot of 474,804 sqft (or 10.90 acres). This property was listed on 01/01/2024 and has been priced for sale at $199,500.
Nearby zip codes are 63655. This property neighbors other cities such as Marquand.
Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.
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Listing information courtesy of: Mayfield Real Estate
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