Prime Commercial Property with Development Potential Near Major Interstate! Exceptional investment opportunity with high visibility and flexible development potential! This property currently includes an operating motel with an on-site manager’s residence, offering immediate income while you plan for future redevelopment or expansion. Situated near a major interstate and key city thoroughfare, the site benefits from strong daily traffic counts, excellent accessibility, and proximity to growing commercial activity. With ample land area, this location is ideal for retail, hospitality, or mixed-use development. Located within a designated Tax Increment Financing (TIF) district, the property may also qualify for tax incentives, adding to its long-term investment appeal. Key Highlights: High-Visibility Location: Positioned near a major interstate with strong traffic counts and commercial growth. Versatile Use Potential: Ample land suitable for retail, hospitality, or mixed-use redevelopment. Existing Improvements: Operating motel and on-site manager’s quarters provide holding income and flexibility. TIF District Benefits: Potential tax advantages enhance the investment value. This property offers both immediate utility and exceptional long-term upside. Contact us today for additional details or to schedule a private showing.
Copyright © 2025 ELITE Realty.