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    2210 Waukesha St Bonifay, FL 32425

    For Sale
    $2,600,000

    62-Room Hotel, $2.6M, High-Traffic Area

    Property size:
    24,554 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional investment opportunity presents a 62-room hotel situated on a 2.2-acre parcel in Bonifay, Florida. The property, located at 2210 S Waukesha Street, boasts a prime location directly off Interstate 10 and Highway 79, ensuring high visibility and convenient access for travelers. Built in 1984, the hotel encompasses 24,554 square feet and sits on a 95,832 square foot lot. The asking price is $2,600,000, representing a compelling value for a property with significant untapped potential. This established hotel in the charming city of Bonifay, Holmes County, Florida, presents a unique chance to acquire a hospitality business in a high-traffic area. The property's strategic location and substantial size offer considerable room for growth and improvement, making it an attractive investment for experienced hospitality operators seeking to maximize returns. The sale includes the real estate only. This is a rare opportunity to acquire a well-positioned hotel in a thriving area with significant upside potential. The property's size and location make it ideal for expansion or renovation, allowing for increased revenue generation and enhanced guest experience. Don't miss this chance to own a piece of Bonifay's hospitality landscape.

    Property Features for 2210 Waukesha St

    General Information

    Property type
    Hotels
    Square Feet
    24,554 SF

    Building Details

    Year Built
    1984

    HighLights

    • $2,600,000 asking price.
    • Hospitality property, Hotel subtype.
    • 24,554 square feet.
    • Built in 1984.
    • 2.2‑acre lot (95,832 sq ft).
    • Located at 2210 S Waukesha Street, Bonifay, FL 32425.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hotels

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Hair Salon Nail Salon Hotel & Motel Department Store Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Bonifay
    County
    Holmes
    State
    Florida
    Longitude
    -85.6840392
    Latitude
    30.7670116

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    FAQs

    What type of property is this?
    Hotel - 62-Room Hotel, $2.6M, High-Traffic Area
    Where is this hotel located?
    The property is located at 2210 Waukesha St Bonifay, FL.
    What is the asking price?
    The asking price for this property is $2,600,000.
    What are key features of this property?
    This property features: $2,600,000 asking price.; Hospitality property, Hotel subtype.; 24,554 square feet.
    Request Owner's contact information
    2210 Waukesha St Bonifay, FL 32425
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2210 Waukesha St Bonifay, FL 32425
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