Greenwood, MS 38930,900 W Park Avenue

$1,280,000

Est. payment /mo

$1,280,000

Est.Price: ?

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900 W Park Avenue Greenwood, MS 38930

61,000 SqFt

SOLD DATE : 06/07/2022

Key Details

Sold Price $1,280,000

Property Type Commercial

Sub Type Business

Listing Status Sold

Purchase Type For Sale

Square Footage 61,000 sqft

Price per Sqft $20

MLS Listing ID 4042616

Sold Date 06/07/22

HOA Y/N No

Originating Board MLS United

Year Built 1974

Annual Tax Amount $18,482

Lot Size 4.930 Acres

Acres 4.93

Lot Dimensions 4.93 Acres

Property Description

Large 142 room hotel with restaurant, banquet hall and bar. High visibility on Highway 82 W and great access on Park Avenue. Zoned C-3 Highway Commercial. Close to restaurants, banks, drug stores, and Walmart. All equipment conveys..40 renovated rooms, with potential 100 additional rooms with more renovation. This motel has a large lobby, restaurant, bar and banquet facilities. Close to restaurants, banks, drug stores, and Walmart and just minutes from MS State Valley University. All equipment and furnishings convey. 40 of the rooms have been renovated and are occupied.
With a beautifully restored downtown and a thriving industrial base, Greenwood is continuing efforts in community and economic development to solidify Greenwood as one of the best towns in the southeastern United States to live, work, and visit. Greenwood boasts unique dining and shopping options as well as scenic parks, educational opportunities, and small-town traditions, all of which makes Greenwood a one-of-a-kind destination of choice.

Location

State MS

County Leflore

Building

New Construction No

Others

Tax ID 08509020100210

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MLS United(Mississippi)
Listed by Powers Properties
agent

IXL Real Estate Mississippi

+1(228) 819-2099

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