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Location
Key Details
$225,000.00
Hotel/motel
5,248 SQ.FT
1946
Cadillac
Description
Take one part Miss Kitty from Gunsmoke and one part Sam from Cheers and you have a great opportunity to have fun, make some money and live your dream of affordably owning your own business. This Rangeland Tavern, a.k.a. The Cadillac Hotel, is the only one for miles around making it a regular stop for both locals and travellers alike. The recently renovated and upgraded kitchen will pass even the most stringent inspection so you can start serving your culinary specialties right away. A recently developed outdoor event venue with 2 bathrooms, stage, dance floor, 5 gazebos and an outdoor bar gives you even more ways to keep your customers happy. Additional income streams from the 3 VLTs in their dedicated room, as well as the only liquor license and offsale license in town will give you even more cash flow. The upstairs was recently developed as a 2-bedroom Airbnb, which can be rented out or used as living quarters for you or staff. The building has mostly new windows, a 12-camera security system, a 2021-installed water heater, as well as a new heating and cooling system put in in 2021. The supportive community and area make this a place to gather, whether for a meal or for socializing, plus there is the option of also purchasing the 10 lots across the street if you want more property to develop. With the charm and equipment you would expect in the local watering hole, this business is an attractive and affordable venture.
Listing courtesy of Century 21 Accord Realty
More Info
City: Cadillac
Square Footage: 5248
Year Built: 1946
Type: Hotel/motel
Amenities: Interior Space, Onsite Parking, Other (see Realtor Remarks)
Heating: Air Conditioning, Floor Model Furnace
Land Size: 0.29
Parking Facility: Yes
Total Acres: 0.2900
Sale Type: Assets
Listed By: Century 21 Accord Realty