Property Attributes
- MLS#3560589
- TypeCommercial
- CountyMILLER
- CityLake Ozark
- AreaA
- Zip65049
- StyleOffice
- Taxes$ 7900
- Price$ 1,750,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size9.18 Acres
Data Source:
Lake of the Ozarks MLS (LOBR)
Property Description
Over 9 acres in the heart of Lake Ozark with an amazing Lake view. Opportunity for expansion or take the property in a new direction. Property was previously used as a 26 room motel, and current owner has been renting individual rooms out as either nightly, weekly, or monthly to low income tenants. Has been grossing $17,500 per month since purchased; stays full all the time. Current owner had private well dug and installed which is a HUGE savings. Electric runs $3000 per month. Motel could be fixed up and re-opened or with 8 acres in this location the uses are endless. Property includes a separate building that was the motel office but could easily be turned back into a home or owner's quarters for the motel. This could be a great spot for several multi-level office buildings or even a restaurant or winery. Great visibility and easy access from Business 54.
Price History | |
---|---|
2/14/2024 | Listed $1,750,000 |
General Features
Sewer | PublicSewer |
---|---|
Heating | WallFurnace |
Cooling | WallUnits |
Utilities | CableAvailable,ElectricityAvailable,SewerAvailable,WaterAvailable |
Possession | Closing |
Roof | Composition |
Zoning | C-2 |
Construction Materials | WoodSiding |
Exclusions | Personal property of seller and/or tenants |
View | Lake |
Property SubType | Office |
Tax Year | 2023 |
Current Use | MultiFamily |
Percent Ownership | Fee Simple |
Additional Parcels Description | 129032002004001000 |
County | Miller |
New Construction | No |
Property Type | CommercialSale |
HOA / Comm Assn | No |
Attached Garage | No |
Possible Use | Commercial,Development,MultiFamily |
Garage Y/N | No |
Status | Active |
Directions | Hwy. 54 to Business 54 (Bagnell Dam Blvd) to property on left across street from Rusty Rooster. *ALL ROOMS ARE RENTED; DO NOT TOUR PROPERTY WITHOUT PERMISSION* |
ModificationTimestamp | 2024-05-21T16:22:16.513-00:00 |
City | Lake Ozark |
View Y/N | Yes |
Senior Community Y/N | No |
MLS Area | A |
Lot Size Units | Acres |
Private Pool | No |
Waterfront Y/N | No |
Carport Y/N | No |
Property Attached Y/N | No |
Year Built Details | 1960-1969 |
Land Lease Y/N | No |
Tax Annual Amount | 7900.0 |
Home Warranty Y/N | No |
Lease Renewal Y/N | No |
Additional Parcels Y/N | No |
Lease Considered Y/N | No |
Rent Control Y/N | No |
Virtual Tour | https://drive.google.com/file/d/1Qi_DO8uGHicYSrUxKatgu_WzBu57zC2o/view?usp=drive_link |
Days on Market | 97 |
Standard Status | Active |
Occupancy Type | Tenant |
Virtual Tour | https://drive.google.com/file/d/1Qi_DO8uGHicYSrUxKatgu_WzBu57zC2o/view?usp=drive_link |
Property Sub Type Additional | Office,Retail,MixedUse |
MobileHomeRemainsYN | No |
PostalCity | Lake Ozark |
Legal Description | 2 parcels included - exact legal to govern |
Interior Features
Basement (Y/N) | No |
---|---|
Air Conditioning Y/N | Yes |
Heating Y/N | Yes |
Fireplace Y/N | No |
Electric On Property Y/N | No |
Exterior Features
Water Source | Private,Well |
---|---|
Total Parking | 30.0 |
Inclusions | Seller owned inventory in rooms such as appliances,window treatments,furniture,2 parcels (see legal) |
Lot Size Area | 9.18 |
Spa | No |
Lot Size Acres | 9.18 |
Road Surface Type | Asphalt,Paved |
Crops Included Y/N | No |
Open Parking Y/N | No |
Horse Y/N | No |
Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool