Coldwater, Kansas Restaurant and Motel For Sale

500 - 504 N. Central, Coldwater, Kansas, 67029

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* FOR SALE

$99,500

MLS: 15003-00131

32,250 SqFt

4,697 SqFt

PROPERTY FEATURES

  • Motel For Sale In Coldwater KS
  • Family Style Restaurant
  • Hunting Lodge In Unit 16
  • Commercial Property For Sale
  • Motel For Sale In Kansas
  • Motel and Restaurant For Sale
  • Kansas Commercial Property
  • Lodging Industry Property

DESCRIPTION

Are you looking for that perfect business or investment opportunity?  Ready to enjoy the freedom and independence of personally owned enterprise? Then you do not want to miss this turnkey Triple A  high rated motel and partially equipped restaurant! This well established business, located at 500 North Central Avenue in Coldwater, Kansas is being offered for sale.

The Coldwater Inn Motel has 12 guest rooms with potential for a small manager’s apartment. The motel features direct office access. This hospitality industry business has had the same owner for several years and has undergone extensive remodeling. No corner was left untouched. The property consists of one L-shaped building with a large concrete parking lot. The motel has excellent reviews. It is the only motel in this county seat town and rated number one in the county.

The motel was originally built in 1947 and includes 4,069 square feet of low maintenance space. The building site includes about 21,500 square feet of area. Reviews include: “Nice, clean motel. Rooms have 2 small beds, a wooden desk, satellite TV, and a DVD player. Adjoining cafe is a great place to get breakfast in the morning. The office has a coin operated laundromat, a microwave, and a large library of DVDs that can be rented. A nice place to stay for a small town.”

This motel  also features a great location at the north edge of Coldwater, just south of where US Highways 160 and 183 merge. According to the December 2014 Kansas DOT traffic flow map average daily traffic flow by this motel is 1550 vehicles, including 340 heavy commercial vehicles.

This motel has 12 guest rooms, consisting of 2 singles, 9 doubles and 1 suite, all located in a one story brick building with newer metal roof. This makes for a very low maintenance and sturdy brick structure.

All guest rooms come complete with television. The office area offers movie rentals, candy & pop machines, as well as coffee service and microwave oven.

Adding additional income to this property is a laundromat with four commercial coin operated washers and two commercial coin operated dryers. The laundry portion of the business generates a nice stream of additional income, as it is one of only two public laundry facilities in the community.

The motel enjoys concrete at-door parking for customers.

The motel also features a lighted, elevated commercial sign with great exposure to both southbound and north bound traffic.

Financials for this property are available for viewing by qualified buyers.

This property will be shown by appointment only.

This restaurant is located at 504 North Central Avenue in Coldwater, Kansas has been well known for its great variety of gourmet dishes. The restaurant offers booth seating for 32, with 6 more at the lunch counter and an additional semi-private banquet room that seats 30 patrons, for total seating of 68.

The brick restaurant building was constructed in 1947 and provides two large seating areas in the 1,816 square foot low maintenance structure.

Coldwater needs this type of dining facility back in operation. This restaurant has a reputation for offering fine dining at affordable prices.

The restaurant has been remodeled with newer interior and 2 well designed restrooms. The decor will stay with the restaurant and the restaurant equipment will stay (for a list of items contact United Country-Red Hills Realty & Auction). The restaurant features excellent equipment, plenty of storage and easily accessible rear parking for deliveries. There is a large concrete parking area with easy access from the highway. THIS IS A CHANCE TO BE YOUR OWN BOSS!

The restaurant has access to a lighted, elevated commercial sign with great exposure to both southbound and north bound traffic.

Financials for this property are available for viewing by qualified buyers.

This property will be shown by appointment only.

The listing price includes Land, Building, Equipment and Fixtures. The Coke drink machine and equipment is provided by the local Coke equipment vendor and can be taken over by new owners.

This property is conveniently located in a private housing area along the west side of Coldwater Lake which is located near Coldwater, not far from the famous the Red Hills Scenic Byway. The city lake and park is situated in the rolling hills and woods of the scenic Gypsum Hills region of the state. The surrounding area offers rugged beauty and stunning vistas.  Coldwater Lake is the best kept secret in Kansas and very popular with people of Southwest Kansas and Northwestern Oklahoma. 

The 250-acre lake and 930-acre park provide anglers and outdoors people with lots of enjoyable activities. Annual fish stocking is handled by the Kansas Wildlife and Parks Commission. The lake is located next to a beautiful 10 hole golf course, with very low green fees.

The city of Coldwater provides excellent public schools and a welcoming small town atmosphere.

Coldwater is located in the heart of Unit 16 which is one of the most popular trophy deer and wild turkey hunting areas in the State of Kansas. Hunting season brings an influx of guests to the motel for their hunting trips. The area also enjoys very good quail and pheasant hunting.

Oil and gas development and wind power farms also bring regular guests to the area. Many of those have enjoyed their stays at the Coldwater Inn Motel.

Coldwater, Kansas is located only 65 miles to the southeast of Dodge City, Kansas, 62 miles to the north of Woodward, Oklahoma and only 128 miles southwest of Wichita.

According to the Kansas Regional Center, some of the most important factors in choosing a place to live is lifestyle, safety and ease of finding jobs.

“You're looking for a place with a low cost of living, nationally ranked schools and picture-perfect communities. But you also want a place with world-class dining, great nightlife and wide-open spaces for outdoor adventure. It isn’t always easy to find that combination. But that’s exactly what you get in Kansas.

In Kansas, we don’t just live life. We live life to the fullest. We’re big on business and economic development, but we know how to relax and have a good time, too. We’re balancing work and play, progress and history, urban and rural to create a quality of life you can’t find anywhere else. And that’s what makes this place so special.

The cost of living in Kansas is nearly 8.7 percent below the national average, making our state among the most affordable in the nation. From food and gasoline to property taxes and car insurance, most of what you need costs less here. Housing costs are especially low, with the median value of owner-occupied homes nearly 35 percent below the national average. In fact, Kansas is ranked among the most affordable places in the country for buying a home. The bottom line is this - your dollar goes further here.”

As Native Kansans, we couldn’t agree more.  Come see why the Sunflower State should be your home too.

Distances:

·         65 miles to the southeast of Dodge City, Kansas

·         62 miles to the north of Woodward, Oklahoma

·         128 miles southwest of Wichita, Kansas

·         202 miles northwest of Oklahoma City, Oklahoma

·         323 miles southwest of Kansas City, Kansas

·         407 miles northwest of Dallas, Texas

·         432 miles southeast of Denver, Colorado

Not many nice family restaurants and motels in Kansas, such as this one, come available in this price range. This is an opportunity to live and work in a safe, comfortable Kansas community.

Coldwater, Kansas – The Way Life Should Be!

ADDRESS & DIRECTIONS

  • Street Address: 500 - 504 N. Central
  • City: Coldwater
  • State: Kansas
  • County: Comanche

VIDEOS

Vanita Blundell

Sales Agent - Rural Property Specialist
(620) 582-2455
(620) 635-6330
See Website
vblundell@ucredhills.com

Ron Betzen

Sales Agent - Land Consultant
(620) 582-2455
(785) 532-8975
rbetzen@ucredhills.com

Ron Betzen

Sales Agent - Land Consultant
(620) 582-2455
(785) 532-8975
rbetzen@ucredhills.com