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625 Washington St Pittsfield, IL 62363

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For Sale
$1,395,000

20-Room Hotel, Great Location, High ROI

Property size:
12,396 SF

Property Features for 625 Washington St

General Information

Property type
Other commercial real estate
Square Feet
12,396 SF
Lot Size
32,670 SF

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Listing Contact
Marlee Schultz

Listing Agency: Whitetail Properties Real Esta Listing Agent: Marlee Schultz

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional 12,396 square foot commercial property, located at 625 W Washington Street in Pittsfield, Illinois, presents a lucrative investment opportunity. The Green Acres Hotel boasts 20 well-appointed guest rooms, including 13 non-suite and 7 suite rooms, each equipped with flat-screen televisions, complimentary wireless internet, cable programming, private bathrooms with toiletries and hair dryers, desks, and phones. The hotel also features a spacious breakfast/gathering room with a 50-person capacity, perfect for hosting events or providing a comfortable communal space for guests. Additional amenities include a self-serve laundry, an office, public restrooms, a relaxing patio, a lobby fireplace, a picnic area, and barbecue grills. Situated on a 0.75-acre lot, the hotel enjoys a prime location, steps away from Illini Community Hospital and within easy reach of various local amenities and attractions. Its proximity to the Mississippi River (27 miles) and the Illinois River (11 miles) adds to its appeal. The property is commercially zoned within the city of Pittsfield, ensuring permitted uses and flexibility for future development. The asking price for this established hotel is $1,395,000. Adjacent properties and businesses are also available for sale, presenting potential for expansion or synergistic ventures. This is a rare opportunity to acquire a well-established and profitable hotel in a desirable location.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Green Acres Hotel Hotel & Motel The Hooterville Cafe Restaurant

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Pittsfield
County
Pike
State
Illinois
Longitude
-90.81496
Latitude
39.60632

FAQs

What type of property is this?
Commercial real estate - 20-Room Hotel, Great Location, High ROI
Where is this commercial real estate located?
The property is located at 625 Washington St Pittsfield, IL.
What is the asking price?
The asking price for this property is $1,395,000.
More about this property
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