1337 East Main Street Lakeland, FL

7,775 +/- SF Motel for Sale

• The subject property consists of a 12-room, quadplex, and vacant site.
• The motel consists of two buildings located around a central parking area. The site measures approximately 111’ x 224’ is an interior site, has all utilities available, and has a C-2 general commercial zoning by the City of Lakeland on the north 187.5’ , with MF22 zoning on the balance. Site improvements include basic, worn landscaping, asphalt parking (12+/- spaces), and drives with curbed areas.
• There are two motel buildings, containing approximately 4,300 square feet, with the first building constructed in 1951 per public records.
• The complex includes 12 rooms that typically measure 15’ x 16’, a 2BR office-apartment for management, and storage areas. Construction includes concrete foundations and sub floors, painted block walls with limited ornamentation, steel casement windows, and shingled roofs, in the process of being redone after hurricane damage. There are 4’ connecting sidewalks.
• Interiors are typically VAT or terrazzo floors, plaster interiors, basic three-piece baths with ceramic tile finishes, toilet, wall-hung lavatory, and shower. Rooms have a through-wall HVAC unit.
• Sale/Purchase Price: $1,500,000.00

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