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3755 Cheney Highway, FL 32780

$2,650,000
Property Type: Commercial Sale Square Footage: 63,475 Status: Closed
Current Price: $2,650,000 List Date: 12/30/2014 Last Modified: 12/04/2024

Overview

Description

This sale includes a 146 unit, 63,475 sqft Days Inn Motel and separate on-site building currently leased to I-Hop restaurant. Motel includes Swimming Pool, Cable, Wireless internet, some Microwave, some Refrigerator and Smoke Detectors in every room. Situated on 4.17 acres, this property is conveniently located near I-95 Interchange and Highway 50, a prime location to capture travelers en route to Titusville and Orlando! Site is also located just minutes to Kennedy Space Center, Port Canaveral, Casino Cruise Lines, Daytona and Cocoa Beaches and a short drive to all the major Orlando attractions.

Supplements: Casino Cruise Lines, Daytona and Cocoa Beaches and a short drive to all the major Orlando attractions.

Listing Details MLS# 567408

General Property Information

Number Of Units Total
146
Building Area Total
63475
Year Built
1975
Lot Size Dimensions
4.17 ac
Association YN
No
Water Body Access YN
No
Waterfront YN
No
Directions
I95 South to Exit 215, Right on SR 50.
Public Remarks
This sale includes a 146 unit, 63,475 sqft Days Inn Motel and separate on-site building currently leased to I-Hop restaurant. Motel includes Swimming Pool, Cable, Wireless internet, some Microwave, some Refrigerator and Smoke Detectors in every room. Situated on 4.17 acres, this property is conveniently located near I-95 Interchange and Highway 50, a prime location to capture travelers en route to Titusville and Orlando! Site is also located just minutes to Kennedy Space Center, Port Canaveral, Casino Cruise Lines, Daytona and Cocoa Beaches and a short drive to all the major Orlando attractions.
List Price/SqFt
43.32
Sold Price/SqFt
41.75

Property Features

Business Type: Hotel/Motel Construction Materials: Block; Concrete Cooling: Wall/Window Unit(s) Current Use: Hotel/Motel Electric: 200+ Amp Service Road Frontage Type: Highway; State Road; Other Roof: Other Sale Includes: Building & Land Sewer: Public Sewer Water Source: Public

Contract Information

Listing Contract Date
2014-12-29
Property Sub Type
Business

Location Tax and Legal

Street Number
3755
Street Name
Cheney
Street Suffix
Highway
State
FL
Postal Code
32780
MLS Area Major
99 - Other

Status Change Information

Major Change Timestamp
2015-03-20T18:39:14Z
Major Change Type
Status Change
Contingent Date
2015-01-08
Purchase Contract Date
2015-01-08
Close Date
2015-03-17
Close Price
2650000

Historical Information

Public Historical Remarks 1
Zoning (Text): hotel; # Parking: 147; Site Improvements: Road Cut; Confidential Listing: N; Commercial Property Name: Days Inn Titusville; Homestead Exempt: Yes; Financial Package: No; Franchise Opt In: Yes

More Information

Location, Tax, and Legal

Country
US
Parcel Number
2217101
Tax Annual Amount
47709
Tax Year
2011
Tax Legal Description
TITUSVILLE FRUIT & FARM LAND CO PART OF LOTS 71 & 72 AS DESC IN ORB 1355 PG 19 EXC HWY R/W PLAT BOOK/PAGE 0002/0029

Currently Not Used

Year Built
1975

Construction Materials

Block
Yes
Concrete
Yes

Cooling

Wall/Window Unit(s)
Yes

Current Use

Hotel/Motel
Yes

Electric

200+ Amp Service
Yes

Road Frontage Type

Highway
Yes
State Road
Yes
Other
Yes

Roof

Other
Yes

Sewer

Public Sewer
Yes

Water Source

Public
Yes

Business Type

Hotel/Motel
Yes

Sale Includes

Building & Land
Yes
Listing Office: New Edge Realty
Last Updated: December - 04 - 2024
Information deemed reliable but not guaranteed.

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