1535 MONTGOMERY HIGHWAY $3,100,000

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    1535 MONTGOMERY HIGHWAY HOOVER, AL 35216

    • 1.71 Acres
    • Commercial
    • MLS# 21403763
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    Property Details

    Perfect location for a hotel & HIGH visibility on the corner of I-65 and Highway 31 in Hoover. This is a 34 room 2 story motel with 9 interior rooms and 25 exterior rooms. 10 rooms are double beds, 22 are king beds and 2 are full sized beds. The motel is currently operating and tend to sell out on Friday and Saturday nights. There are two restaurants on site that lease from the current motel owners. Current owners have put refrigerators and microwaves in every room, replaced all mattresses and bedding, repainted and put in new flooring as well as new fire sprinklers and smoke alarms - $100,000 into capital improvements. Current owners do have an agreement with Econo Lodge but this can be revoked if new owners chooses to run under a different platform. LOCATION, LOCATION, LOCATION!! This could also be the perfect location for a Medical Office Building, Business Office, or start with a clean slate and build a brand new building. The possibilities are endless.

    • General Features
      • County Jefferson
      • MLS Market Area LibertyPark, Vestavia
      • Property Type Business
      • Sales Type N/A
      • Year Built 1965
      • Year Built Desc Existing
    • Building Features
      • Building Name Econo Lodge Motel
      • Cooling Ceiling Fans, Central-Gas, Other, Window Units
      • Construction Brick (CONST)
      • Flood Plain Y/N No
      • Floors Tile/Vinyl, Wall-to-Wall Carpet
      • IDX Include Yes
      • ROOMS Passenger Elevator, Private Offices, Reception Area
      • Number of Buildings 1
      • Number of Stories 2
    • Room Features
      • Type of Business Hotel/Motel
    • Property Features
      • Number of Acres 1.71
      • Street Property Access Paved Road, Street Frontage

    Contact

    Keith Marshall

    Keith Marshall

    Manager

    RE/MAX on Main

    Cell: 205-966-6551

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    Property History

    Date Event Price Percent Change
    -- Current Price Source: Multiple Listing Service New Value: $3,100,000
    11/26/2024 12:57:00 PM New in Database Source: Multiple Listing Service New Value: $3,100,000

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    Information is provided in part by the IDX Program of the Birmingham Area Multiple Listing Service. All information provided is deemed reliable but is not guaranteed and should be independently verified.

    Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.