Economy Lodge Bonifay Commercial
For Sale
$1,900,000
114 W Highway 90, Bonifay, FL 32425
37-room hotel at the crossroads of Highway 90 and 79.
Property Size15,002 SF
Price / SF$126.65
Days on Market1001
Property Features for 114 W Highway 90
General Information
Standard status
Active
Size
15,002 SF
Property subtype
Commercial
Building Details
Year Built
1963
Listing Agency:
Watersound Real Estate
Listed By:
Kerri C Tomasicyk
(850) 230-4514
Source:
Cthomeseekers
Added: Dec 6, 2023
Changed: Sep 2
Last Checked: Aug 31 at 8:22PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Watersound Real Estate
Investment Insights
Based on property information with market context.
The Economy Lodge in Bonifay, FL, presents a commercial opportunity with its 37 rooms. The property is strategically located at the intersection of Highway 90 and Highway 79, offering visibility and accessibility. This location is suitable for various business ventures. The property is offered in as-is condition, providing opportunities for customization. Buyers are encouraged to confirm building restrictions and utility access for their intended use. Buyers are responsible for verifying all measurements and any information deemed crucial for their investment. This location awaits a transformative touch, whether for a boutique hotel, a revitalized lodging establishment, or another venture. The property size is 15,002 square feet.
Key Highlights
- Prime location at the intersection of Highway 90 and Highway 79, providing excellent visibility and accessibility.
- Versatile commercial property with 37 rooms, suitable for various business ventures.
- Significant potential for redevelopment or revitalization.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
336
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 32425, FL
14,419
Population
5,922
Households
2.4
Avg Household Size
42
Median Age
9%
College-Educated
82%
High-School Grad
264.7 sq mi
ZIP Area
54
Density / Sq Mi
$44,651
Median Household Income
$31,296
Median Earnings
$844
Median Rent
$109,900
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Economy Lodge — 114 US-90, Bonifay, FL 32425
- Bonifay Mobile Home Park — 632 Mid, Park Dr, Bonifay, FL 32425
- Nell Holmes — 3214 hwy 160, bonifay, fl 32425
Frequently Asked Questions
What type of property is this?
Motel - 37-room hotel at the crossroads of Highway 90 and 79.
Where is this motel located?
The property is located at 114 W Highway 90 Bonifay, FL.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Prime location at the intersection of Highway 90 and Highway 79, providing excellent visibility and accessibility.; Versatile commercial property with 37 rooms, suitable for various business ventures.; Significant potential for redevelopment or revitalization.
