Average square foot calculated using Size range provided by listing agent.
Description
I am excited to present a unique opportunity to own The Franklin Hotel, a historical landmark in Strawberry Point since 1902. This property has a rich history of serving travelers and hosting community events. Key highlights of this opportunity: Historical Significance: The Franklin Hotel is listed on the State of Iowa historical registry. Grant Opportunity: Benefit from a \$15, 000 grant available yearly. Turnkey Business: The hotel is fully operational, featuring 6 long-stay apartments, 11 hotel rooms, a full kitchen with restaurant, catering services, and separate banquet space's. Multiple Revenue Streams: The property includes a long-term lease in a separate section of the building, providing a stable income source. Included in Purchase: The purchase price covers the building and the business, including the Franklin's established reputation, customer loyalty, and all trade fixtures. Don't miss this chance to acquire a turnkey property with a strong foundation and multiple avenues for revenue.Show Description
MLS® Number20243131
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1902
Stories
Pets
Corp Number
Included in Maintenance Fee
Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance
Utilities
HeatForced Air, Natural Gas, Radiant, Hot Water
A/CCentral Air
Heating Fuel
Extras
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