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
Data Source:
South Central Kansas MLS (SCKMLS)
Property Description
$400,000 Operating Capital included with this sale Grant funds for operating expenses. 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 | |
|---|---|
| 1/14/2022 | Listed $2,105,000 |
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
Visits
Year Built
Walkscore
South Central Kansas MLS - This information is not verified for authenticity or accuracy, is not guaranteed and may not reflect all real estate activity in the market. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service of the South Central Kansas MLS. Real estate listings held by brokerage firms other than JPAR® - Leading Edge may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright © 1993-2022 South Central Kansas MLS. All rights reserved.
Last Updated: August 14, 2022 5:35 AM UTC
