Lease to Own
Address
115 N Third St Marion, KS
Price
$ 2,105,000
Property Attributes
  • MLS#588452
  • TypeCommercial
  • CountyMARION
  • CityMarion
  • AreaMarion
  • NeighborhoodMillers
  • Zip66861
  • StyleMotel/Hotel
  • Price$ 2,105,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage15500
  • Lot Size0.55 Acres
Listing Provided Courtesy Of:
Sheri Proctor with Better Homes and Gardens Real Estate Alliance
Data Source:
South Central Kansas MLS (SCKMLS) - 109 - KS
Property Description

Located in the Flint Hills of Kansas, The Historic Elgin Hotel is a unique, fully-renovated full service boutique hotel. The 19th century limestone building offers 12 luxury themed rooms/suites and includes a Victorian ballroom, conference room, outdoor balcony, fitness center and restaurant with outdoor patio. The elegance of the 1880's styling and architecture is preserved throughout the entire property. A prime intimate wedding venue, corporate meeting retreat, or evening oasis to take advantage of area hunting, fishing, and that unique special family celebration, anniversaries, or holidays. Don't miss the Poker & Pool parlor! The Historic Elgin Hotel is listed on the National Registry of Historic Places. At the most recent full building renovation approximately $2 Million was spent at that time, then most recently the Bar and Dining Room on the main floor was remodeled again retaining the heritage and charm of it's Historic elegance. Zoned for medium density residential. The property features high-end finishes throughout. There is an elevator for those who prefer to admire the staircase rather than enjoy it's function. Business and all FF & E included in purchase price. Restaurant updated less than 2 years ago, all new kitchen equipment seats and booths re-upholstered. This is a stunning Flint Hills hotel venue just 1 hour from Wichita, KS.

Price History
10/24/2020 Listed $1,210,000

General Features

Class Commercial/Ind/Bus
Construction Other/See Remarks
Cooling Central Air
Heating Forced Air
Listing Area M42 - Marion
Location Other/See Remarks
Parking Parking Lot, Paved, Street Parking
Present Use Hotel
Road Frontage City Arterial
Roof Composition
Status Active
Status Active
Stories 3
Subdivision MILLERS
Tenant Pays None
Type Motel/Hotel
Utilities City Sewer, City Water, Electric, Gas
Year Built 1886
Zoning See Remarks

Interior Features

Apx Gross Building Sqft 15500
Apx Max Contiguous Sqft 15200
Apx Min Available Sqft 15500
Apx Vacant Sqft 15500
Electrical 110 Volt
Floors Carpet, Tile, Wood
Miscellaneous Features None

Exterior Features

Bldg On Leased Land No
Loading Dock None
Overhead Doors None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 66861

Price
AVG $1.15M
$2.11M
Visits
AVG 16
30
Year Built
AVG 1946
1886

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