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Property view

620 SE 2nd Avenue, 
Cresco, IA 52136

$380,000


Bed


Bath


6,849

Sq Ft


Multi-Family

Sold

Listed by

Steven Burke

Bought with Burke Real Estate

Burke Real Estate

563-547-2554

MLS#

20244361

Source:

IA NEIMLS

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About This Home

620 SE 2nd Avenue

The Cresco Motel is conveniently located along State Hwy 9 near restaurants, a coffee shop, 24-hour convenience store, dollar store and liquor/ gifts. The surrounding neighborhood consists of well-kept residential homes and a great public school system. This 20-room property has a fully furnished 2-bedroom manager apartment, laundry room with 2 washers and dryers, garage and storage container. The large parking lot offers plenty of room for guests while being able to accommodate RVs and large trucks. The roof was replaced in 2017. All furniture, fixtures, cameras and supplies will stay with this turnkey business. Cresco is known as "Iowa's Year 'Round Playground" because of the variety of recreational activities available to our visitors and residents. Cresco also offers a strong economy with many long-term businesses and employment opportunities. Great investment opportunity and the current owners pride shows in this well-maintained motel.

Home Facts

Multi-Family

Built in 1958

Price Summary

390,000

$56 per Sq. Ft.

MLS #:

20244361

Sold:

December 23, 2024


Rooms & Interior

Interior

Living Area:

6,849 Sq. Ft.


Structure

Structure

Building Area:

6,849 Sq. Ft.

Year Built:

1958


Lot

Lot Size (Sq. Ft):

51,836


Finances & Disclosures

Finances

Price:

$390,000

Price per Sq. Ft:

$56 per Sq. Ft.

Source:IA NEIMLS
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