For Sale $749,900 - Investment/Redevelopment Opportunity
Excellent investment opportunity with this stately building in historic downtown. Restaurant, full bar and lounge areas built out. 2nd & 3rd floors have been renovated and are approx. 50% complete for 30 hotel rooms. Approval for hotel in place but property could easily be converted to apartments. Separately metered by floor. Gorgeous interior design including hardwood and marble floors, marble fireplaces, elegant chandeliers, bar tables and chairs. Fully equipped restaurant kitchen. Leather couches, flat screen TVs, and sound system in lounge rooms. New roof, foam insulation, sprinkler system. Upgraded electric and plumbing. Prime location on bus line and 15 minutes from casinos. OWNER FINANCING AVAILABLE up to 80% of purchase price and 100% of rehab. costs. City grant money also available.