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.