Frmly Chewalla Motel / Lakeside Motor | 1010 N Eufaula Ave
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Frmly Chewalla Motel / Lakeside Motor 1010 N Eufaula Ave
20 Room Hotel Eufaula, AL 36027 $499,900 ($24,995/Room)
Investment Highlights
- Prime Waterfront Location: Nestled on 3.81 acres of picturesque waterfront real estate along the tranquil Chewalla Creek
- Over 11,000 square feet spread across 5 buildings, including 39 UNITS with spacious front lobby, the property boasts a versatile layout
- Zoned C2 & C4 offers flexibility for expansion and development, catering to diverse market needs.
- Strategically located: just off Hwy 431, with a daily traffic count exceeding 22,000 vehicles, Easy accessibility High Visibility
- Potential for Growth: Partial renovations have already been completed, providing a solid foundation for further enhancements and customization.
- Historic Charm: Established in 1952 as Eufaula's first motel, Chewalla Motel exudes timeless charm & nostalgia, attracting guests seeking a unique exp
Executive Summary
Prime Waterfront Commercial Real Estate Opportunity - 39 UNITS
Welcome to the historic Chewalla Motel, a revered landmark in Eufaula's hospitality landscape since its establishment in 1952. This distinguished property presents an enticing investment opportunity, boasting over 11,000 square feet ripe for REDEVELOPMENT across five buildings. Situated on 3.81 acres of prized waterfront real estate along the serene Chewalla Creek, this location holds immense promise for savvy investors seeking to capitalize on its unique attributes. (OUT OF BUSINESS IN 2016)
Furthermore, the property boasts an onsite storm shelter, providing added safety and peace of mind for guests and staff alike during inclement weather conditions. With recent upgrades to the electrical system, the property offers the flexibility to install additional lighting, enhancing visibility and security throughout the premises.
This versatile property features 39 units and a spacious front lobby spread across its five buildings, offering ample space for reimagined commercial endeavors. Partial renovations have been completed, providing a solid foundation for further improvements. With zoning classified as C2 & C4, there's flexibility for a variety of commercial ventures, from boutique accommodations to outdoor adventure experiences.
Embrace the heritage of yesteryears embodied in the slogan "Get the REST of your life," resonating with the timeless allure of the property. Positioned in Eufaula, known as the "Big Bass Capital," the property taps into a vibrant tourism market with significant growth potential. With a daily traffic count exceeding 22,000 vehicles and convenient access from Hwy 431, accessibility is effortless.
Opportunity awaits to acquire a piece of Eufaula's history and shape its future. Unleash the untapped potential of the formally known Chewalla Motel/Lakeside Motor Lodge and embark on a journey to redefine hospitality in this picturesque waterfront locale. Whether you're an experienced investor or seeking your next commercial venture, this property offers endless possibilities for growth and success. Don't miss out on this exceptional waterfront commercial real estate opportunity! Contact us today for inquiries and to schedule a viewing.
Welcome to the historic Chewalla Motel, a revered landmark in Eufaula's hospitality landscape since its establishment in 1952. This distinguished property presents an enticing investment opportunity, boasting over 11,000 square feet ripe for REDEVELOPMENT across five buildings. Situated on 3.81 acres of prized waterfront real estate along the serene Chewalla Creek, this location holds immense promise for savvy investors seeking to capitalize on its unique attributes. (OUT OF BUSINESS IN 2016)
Furthermore, the property boasts an onsite storm shelter, providing added safety and peace of mind for guests and staff alike during inclement weather conditions. With recent upgrades to the electrical system, the property offers the flexibility to install additional lighting, enhancing visibility and security throughout the premises.
This versatile property features 39 units and a spacious front lobby spread across its five buildings, offering ample space for reimagined commercial endeavors. Partial renovations have been completed, providing a solid foundation for further improvements. With zoning classified as C2 & C4, there's flexibility for a variety of commercial ventures, from boutique accommodations to outdoor adventure experiences.
Embrace the heritage of yesteryears embodied in the slogan "Get the REST of your life," resonating with the timeless allure of the property. Positioned in Eufaula, known as the "Big Bass Capital," the property taps into a vibrant tourism market with significant growth potential. With a daily traffic count exceeding 22,000 vehicles and convenient access from Hwy 431, accessibility is effortless.
Opportunity awaits to acquire a piece of Eufaula's history and shape its future. Unleash the untapped potential of the formally known Chewalla Motel/Lakeside Motor Lodge and embark on a journey to redefine hospitality in this picturesque waterfront locale. Whether you're an experienced investor or seeking your next commercial venture, this property offers endless possibilities for growth and success. Don't miss out on this exceptional waterfront commercial real estate opportunity! Contact us today for inquiries and to schedule a viewing.
Property Facts
Amenities
- Balcony
- Fitness Center
- Restaurant
- On-Site Retail
- Patio
- Golf Course
- Marina
- Beach (direct access)
- Destination Resort
- Boutique/Lifestyle Hotel
- Convention Hotel
- Time Share
- Bed & Breakfast
- Barber/Hair Salon/Beauty Shop
- Fully-Equipped Kitchen
- Multi-Room Suites
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 4 | $85.00 | - |
| Guest Room | 16 | $59.00 | - |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $21,060 | |
| Land Assessment | $25,200 | Total Assessment | $46,260 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$25,200
Improvements Assessment
$21,060
Total Assessment
$46,260
zoning
| Zoning Code | C2 & C4 (5.29 C2 City of Eufaula: Retail convenience, personal services and business establishments; motels, theaters, offices and banks, restaurants, lounges,) |
| C2 & C4 (5.29 C2 City of Eufaula: Retail convenience, personal services and business establishments; motels, theaters, offices and banks, restaurants, lounges,) |
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Becky Walker, REALTOR MRP C2EX -
Keller Williams Realty Southeast Alabama
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Frmly Chewalla Motel / Lakeside Motor | 1010 N Eufaula Ave
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