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108 ROYAL PALM AVENUE

Commercial For Sale
$4,300,000

BTC: 45.50216400

ETH: 1,279.76190476

54 days
0 room(s)
74,058 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Discover southern charm and hospitality at the Clewiston Inn. A beautifully restored classical revival, the Inn offers a perfect blend of country elegance and modern comfort. Nestled in the heart of South Florida's sugar cane country and on the shore of Lake Okeechobee, the Clewiston Inn provides visitors with a peaceful setting and welcoming retreat. You're certain to feel at home in one of our charming 57 guest rooms or suites. Eight (8) of them are apartments and 57 rooms are open and in good condition and upgraded with vinyl flooring and new paint, new security camera system and recently painted the banquet hall with new tiles. The banquet hall has Friday night entertainment that draws extra income. As of December 13th, the property is 100% occupied and has a great rate of remaining between 85-100 percentage. In the month of March is the sugarcane festival and the place is booked up and bringing in great revenue. A GREAT OPPORTUNITY for investors to grab this wonderful property and make it your own. We're conveniently located just 60 miles west of West Palm Beach and 60 miles east of Ft. Myers. The Clewiston Inn is also great for hosting corporate retreats, meetings, weddings, reunions and other specialty events.

Location

Facts and features

Type:
Commercial Sale
Parking:
No Data
Year Built:
1939
Lot:
1.48 Acres
Heating:
No Data
Price/sqft:
$58
Cooling:
Central Air
HOA:
No Data
All facts and features
  • Cooling

    • Central Air

  • Lot

    • Lot: 1.48 Acres

    Other Property Information

    • Parcel Number: 33443010100177.0010

    • Zoning: CL-C

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Hotel/Motel

  • Other financial information

    • Annual tax amount: $15,308

  • Source details

    • MLS ID: O6252992

    Other facts

    • Construction Materials: Asbestos

    • Foundation Details: Block

    • Living Area: 74058

    • Lot Size Dimensions: 220 x 292.5

    • Subdivision Name: GENERAL PLAN/CLEWISTON

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