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Listed price in listed location currency (USD).
$285,000

000

MLS® 20243131

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $7,579
Days Active 467
Approx. Age 1902
MLS® Number 20243131

Property Address: 102 Elkader St, Strawberry Point, IA, 52076-9422

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 separate sections of the building to be leased out, providing additional income opportunities. 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.
MLS® Number20243131
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1902
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 20, 2024List Date
$285,000List Price
  • Commute

Commute

Starting Address
Destination Address
102 Elkader St, Strawberry Point, IA

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