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$2,480,000
26 Days On Site

1535 MONTGOMERY HIGHWAY
HOOVER, AL 35216

For Sale|Commercial Sale|Active
0
Beds
0
Full Baths
0
Partial Baths
19,940
SqFt
$124
/SqFt
1965
Built
County:
Jefferson
Listing courtesy of Keller Williams Realty Hoover

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1535 MONTGOMERY HIGHWAY1535 MONTGOMERY HIGHWAY1535 MONTGOMERY HIGHWAY1535 MONTGOMERY HIGHWAY
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Perfect location for a hotel – HIGH visibility on the corner of I-65 and Highway 31 in Hoover. This is a 34 room 2 story motel with 9 interior rooms and 25 exterior rooms. 10 rooms are double beds, 22 are king beds and 2 are full sized beds. The motel is currently operating and tend to sell out on Friday and Saturday nights. There are two restaurants on site that lease from the current motel owners. Current owners have put refrigerators and microwaves in every room, replaced all mattresses and bedding, repainted and put in new flooring as well as new fire sprinklers and smoke alarms - $100,000 into capital improvements. Current owners do have an agreement with Econo Lodge but this can be revoked if new owners chooses to run under a different platform. LOCATION, LOCATION, LOCATION!! This could also be the perfect location for a Medical Office Building, Business Office, or start with a clean slate and build a brand new building. The possibilities are endless.

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Listing Snapshot
Price 
$2,480,000
Days On Site 
26 Days
Bedrooms 
N/A
Inside Area (SqFt) 
19,940 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.71 Acres
Year Built 
1965
MLS® Number 
21403763
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
5 days agoListing updated with changes from the MLS®
6 days agoPrice changed to $2,480,000
4 weeks agoListing first seen on site
General Features
Acres 
1.71
Number Of Stories 
2
SqFt Total 
19940
Utilities 
Sewer Connected
Water Source 
Public
Interior Features
Cooling 
Window Unit(s)
Flooring 
CarpetVinyl
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Community Features
MLS Area 
LibertyPark, Vestavia
Listing courtesy of Keller Williams Realty Hoover

IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content of this site is not guaranteed accurate by the MLS. Listing source GALMLS.

Copyright 2024 Greater Alabama MLS, Inc.

Neighborhood & Commute
Source: Walkscore
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