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625 W Washington St

2.3 Acres of Commercial Land Offered at £1,409,940 in Pittsfield, IL 62363

Investment Highlights

  • Turnkey hotel with 20 accommodating rooms
  • Breakfast/gathering room
  • 0.75 acre +/- vacant gravel parking lot with Washington Street road frontage
  • 13 non-suite rooms and 7 suite rooms
  • Self serving laundry

Executive Summary

Green Acres Hotel is a quaint and cozy investment property in the heart of Pittsfield and Pike County, Illinois. The property combines a parking lot/developmental property, a fully operational Hooterville Cafe, and a 20-room turnkey hotel. The hotel is 12,396 square feet, consisting of 13 non-suite rooms and 7 suite rooms, a breakfast/gathering room (with a capacity of 50 people), self-serve laundry, an office, and public restrooms. There is a large empty lot along the highway with developmental opportunities, which is currently being rented as a parking area for hospital employees. An additional building located north of the cafe offers three additional hotel rooms for daily or short-term rental, or could continue to be used as a "manager's house." It is near many area attractions, including wineries, antique shops, and jeep jamboree, and is within walking distance to several restaurants, including its very own Hooterville Cafe. The turn-key cafe includes a commercial kitchen and accommodates up to 50 eat-in guests. The entire property is commercially zoned through the city of Pittsfield with permitted uses. Please contact Marlee Schutlz or Tyler Sellens for additional information about these businesses/development properties or to schedule a private showing. Additional information is available; please contact the listing agents.

Property Facts

Price £1,409,940
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 2.30 AC
Opportunity Zone Yes

1 Lot Available

Lot

Price £1,409,940
Price Per AC £613,017
Lot Size 2.30 AC
  • Listing ID: 33886114

  • Date on Market: 15/11/2024

  • Last Updated:

  • Address: 625 W Washington St, Pittsfield, IL 62363

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