3290 Bagnell Dam Boulevard Lake Ozark, MO 65049 $1,750,000
Over 9 acres in the heart of Lake Ozark with an amazing Lake view. Opportunity for expansion or take the property in a new direction. Property was previously used as a 26 room motel, and current owner has been renting individual rooms out as either nightly, weekly, or monthly to low income tenants. Has been grossing $17,500 per month since purchased; stays full all the time. Current owner had private well dug and installed which is a HUGE savings. Electric runs $3000 per month. Motel could be fixed up and re-opened or with 8 acres in this location the uses are endless. Property includes a separate building that was the motel office but could easily be turned back into a home or owner's quarters for the motel. This could be a great spot for several multi-level office buildings or even a restaurant or winery. Great visibility and easy access from Business 54.
Year Built: 1960
Roof Type: Composition
Fenced: No
Ext Const: Wood Siding
Special Assessments: 0.00
Terms: Cash To Seller
Other Bank Stabilization: ,No,
Foreclosure: No
Garage: No
Parking Spaces: 30
Furnished: No
Fireplaces: No
Survey: ,No,
Location: Lake View
Acres: 9.18
Road Frontage: 125
Rip Rap: ,No,
Boat Dock Incl: No
Dockable: ,No,
Seawall: No
Pier Permit: ,No,
Ramp Permit: ,No,
Pwc Slip: ,No,
Rip Rap Permit: ,No,
Accessory Permit: ,No,
Inventory Included: Yes
Auction: No
Fixed Equipment: 1
Zoning Code: C-2
Possible Use: Commercial, Development, Multi-Family
One Level Living: No
Zoning Auth: City Of Lake Ozark
Fifty Five Plus Housing: No
Included: Seller owned inventory in rooms such as appliances, window treatments, furniture, 2 parcels (see legal)
Ownership: Fee Simple
Parcel Num Addl: 129032002004001000
Parcel Number: 129032003002001000
Pers Prop Incl: ,No,
Not Included: Personal property of seller and/or tenants
Legal Description: 2 parcels included - exact legal to govern
Business Type: Apartments
Tax Year: 2023
Tax Real Estate: 7900.
Sewer: City Sewer
High Speed Internet: Yes
Pump Permit: ,No,
Cool System: Wall Unit(s)
Heat Fuel Type: Electric
Heating: Wall Unit(s)
Electricity: No
Utilities Available: Cable,Electric,Sewer,Water
Water Type: Private Well