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900 W Park Avenue, Greenwood, MS 38930 (MLS# 4042616)

900 W Park Avenue, Greenwood, MS 38930

$1,000,000
Property Type: Commercial Sale Square Footage: 61,000 Lot Size (sq. ft.): 214,751 Status: Closed
Current Price: $1,280,000 List Date: 3/20/2023 Last Modified: 11/19/2024

Description

Large 142 room hotel with restaurant, banquet hall and bar. High visibility on Highway 82 W and great access on Park Avenue. Zoned C-3 Highway Commercial. Close to restaurants, banks, drug stores, and Walmart. All equipment conveys..40 renovated rooms, with potential 100 additional rooms with more renovation. This motel has a large lobby, restaurant, bar and banquet facilities. Close to restaurants, banks, drug stores, and Walmart and just minutes from MS State Valley University. All equipment and furnishings convey. 40 of the rooms have been renovated and are occupied. With a beautifully restored downtown and a thriving industrial base, Greenwood is continuing efforts in community and economic development to solidify Greenwood as one of the best towns in the southeastern United States to live, work, and visit. Greenwood boasts unique dining and shopping options as well as scenic parks, educational opportunities, and small-town traditions, all of which makes Greenwood a one-of-a-kind destination of choice.

More Information MLS# 4042616

Address and Location Information

Parcel Number: 08509020100210 Community Of: N/A Street Number: 900 Street Direction: W Street Name: Park Street Suffix: Avenue County: Leflore State: MS Zip Code: 38930

Listing Information

Listing Service: Full Service Status: Closed List Date: 2023-03-20 List Price: $1,280,000 Current Price: $1,000,000 Property Sub Type: Business

General Property Information

Property Sub Type: Business New Construction: No Approx Lot Size Acres: 4.93 Lot Size Dimensions: 4.93 Acres SqFt Source: Public Records List Price/SqFt: 20.98 Year Built Source: Public Records Total Floors: 2 Accessibility Features: Yes Approx H/C SqFt: 61000 Year Built: 1974

Tax and Financial Information

Tax Annual Amount: 18482 Tax Year: 2021 Flood Insurance Required?: No Leasehold Y/N: No Association: No Legal Description: LOTS 4-7 & 19' OFF WEST SIDE LOT 3 BLOCK 2 FRAISER COMMERCIAL ADDITION FRAISER COMMERCIAL Deed Book: 331 Deed Page: 27 Deed Date: 07-07-1998

Remarks & Miscellaneous

Public Remarks: Large 142 room hotel with restaurant, banquet hall and bar. High visibility on Highway 82 W and great access on Park Avenue. Zoned C-3 Highway Commercial. Close to restaurants, banks, drug stores, and Walmart. All equipment conveys..40 renovated rooms, with potential 100 additional rooms with more renovation. This motel has a large lobby, restaurant, bar and banquet facilities. Close to restaurants, banks, drug stores, and Walmart and just minutes from MS State Valley University. All equipment and furnishings convey. 40 of the rooms have been renovated and are occupied. With a beautifully restored downtown and a thriving industrial base, Greenwood is continuing efforts in community and economic development to solidify Greenwood as one of the best towns in the southeastern United States to live, work, and visit. Greenwood boasts unique dining and shopping options as well as scenic parks, educational opportunities, and small-town traditions, all of which makes Greenwood a one-of-a-kind destination of choice.

Status Change Info

Sold Price/SqFt: 16.39 Contract Date/Pending Date: 2022-02-04 Closing Date: 2022-06-07

Showing Requirements

Showing: Appointment Required

Auction

Auction: No

Basement Features

Basement: No
Listing Office: Powers Properties
Listing Agent: Pam Powers
Last Updated: November - 19 - 2024
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.