200 E Main Street

Hoopeston, IL 60942

About this property

Welcome to entrepreneurship! Here's an exciting opportunity to become a 28 room motel owner. This downtown Bldg has undergone extensive renovations, including the basement level, which now features new flooring, an additional bathroom, & open space. The electrical system has been completely replaced with a 3-phase system. The motel also boasts tankless water heaters & a single hot water source, ensuring constant hot water availability. On the first level, there's a new lobby, two bathrooms, a spacious entry area, new windows & doors, & an additional office. The rooms have new drywall & plumbing, the bathtubs &showers are already installed. The purchase includes 30 new AC/heat units (8,000 PTU), a new furnace, 8 pallets of ceramic tiles, grout & thin set, 90 sheets of drywall (4/12 ft), & 16 bathroom doors. Renovations will still need to be finished but alot of work is done. Serious Buyers only. Must be pre approved. All room dimensions, sq footage and yr built are approximate.

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$525,000 Active

Presented By Coldwell Banker Classic Real Estate

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Get in touch today! Phone: 1-217-348-0191
Listed By Jeremy Deck

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