227 Main St Wapello, IA 52653

For Sale
227 Main St
Wapello IA, 52653
Price: $109,900
Type: Business Opportunity
Sqft: 3841
Agent: Wendy Fountain
Broker: Sellers & Seekers Real Estate

CALL AGENT FOR ALL SHOWINGS! Live in one and rent the other, Own this historic hotel situated in the heart of downtown Wapello. Walking distance to waterfront, shops and restaurants. The rates are affordable and your stay will be memorable. Featuring 16 rooms, and private living quarters of 1674 sq. ft. The living quarters include an updated modern kitchen with cherry cabinets, fireplace-warmed family room, and oak floors. Several of the rooms have long time tenants. This building is zoned to be a bed and breakfast, you can turn all the rooms into apartments or condos, the possibilities are endless! 1 bed rooms rent for $60-$65, double rooms $60-$70, sleeping rooms $125 per week , suite $70-$80 per night, each uniquely styled & spacious. Apartments $600 per month long term, $800 per month short term. Own a piece of history! It’s a great opportunity!