Address
318 W BUSINESS Loop, Bowie, AZ
Price
$ 118,000
Property Attributes
  • MLS#6613573
  • TypeCommercial
  • CountyCOCHISE
  • CityBowie
  • NeighborhoodBOWIE
  • Zip85605
  • StyleComm/Industry Sale
  • Year Built1950
  • Taxes$ 892
  • Price$ 118,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3898
  • Lot Size0.84 Acres
Data Source:
Arizona Regional MLS (ARMLSN)
Property Description

This 11-unit motel is the perfect opportunity for a savvy investor or entrepreneur. Located in a high-traffic area with a huge need for Monthly Rentals in the agricultural sector. The motel has the potential to generate significant income once it has been renovated and reopened. Various room sizes and Configurations. Each unit has a 3/4 bath. Main 2 bedroom home/ office has Full bath w/ tub, kitchen and fireplace. Other features: communal laundry and kitchen space, Outdoor Fireplace & Ramada, Small Storage building in back, 7 RV spots (2 of which have sewer dumps). Two new septic tanks were installed in 2018 at a cost of $16,000. Could be Converted into / used as a Multi-Family Unit Complex. The previous owner was collecting $5,000 gross monthly before having to shut down. With a little TLC, this motel could be a gold mine.

Price History
10/4/2023 Listed $150,000
10/27/2023 7% - $140,000
2/23/2024 8% - $130,000
4/2/2024 10% - $118,000

General Features

Sewer Septic Tank
Heating See Remarks,2 or More Units,Natural Gas
Cooling Wall/Window Unit(s)
Roof Tile
Zoning GB
Construction Materials Brick
Year Built 1950
Electric SSVEC
Township 13
Tax Year 2023
Percent Ownership Fee Simple
Gross Income 0.0
Business Type Other,See Remarks
County Cochise
Net Operating Income 0.0
Operating Expense 892.62
Property Type Comm/Industry Sale
Attached Garage No
Subdivision Name BOWIE
Status Active
Directions East on I-10,Take exit 362 toward Bowie,go over the overpass and then Straight on the Frontage Rd/ Business loop for 1.5 miles. At the corner of S Lincoln Ave. Sign on Property.
City Bowie
Buyer Agent Compensation 3.00
Disclosures Vicinity of an Airport,Seller Prop Disc Stm
View Y/N No
Open Parking Spaces 0.0
Lot Size Square Feet 36385.0
Carport Y/N No
Street Name BUSINESS
Tax Annual Amount 892.62
Lease Renewal Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Days on Market 223
Structure Type Other (See Remarks)
Standard Status Active
Occupancy Description Tenant
Tax Lot 15
MobileHomeRemainsYN No
Buyer Agent Compensation Type %
Ownership Fee Simple
Senior Community No

Interior Features

Flooring Carpet,Vinyl,Concrete
Street Suffix Loop
Electric On Property Y/N No

Exterior Features

Fencing Chain Link
Parking Features Private Parking
Water Source City Franchise
Total Parking 8.0
Lot Size Area 36385.0
Number of Buildings 6
Spa No
Lot Dimensions 140' x 260'
Lot Size Acres 0.84
Road Surface Type Asphalt
Lot Size Units Square Feet
Covered Spaces 8.0
Crops Included Y/N No
Open Parking Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 85605

Price
AVG $200K
$120K
Taxes
AVG $3,456
$892
Visits
AVG 79
101
Data Provided by Inside Real Estate®
Year Built
AVG 1978
1950

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.

Areas We Cover