214 Main StBranson, MO 65616

Property Details for 214 Main St

Year built

1930

Lot size

0.29 AC

Property size (Sq ft)

3,578 SF

Property type

Hospitality properties

Property subtype

Motels

APN

08-8.0-33-003-030-003.000

APU

88033003030003000

Description

Embrace a lucrative opportunity to own a piece of Branson's rich history with this iconic hotel, ideally situated in the heart of downtown, just two blocks from the Branson Landing. This meticulously restored property, originally established in 1930 and extensively renovated in 2022, boasts approximately 4,800-4,900 square feet spread across two buildings and two stories. The hotel features eleven suites, offering a blend of comfort and upscale charm. Beyond the guest accommodations, the property includes a restaurant and an additional entertaining area, perfect for creating memorable guest experiences. A picturesque gazebo and park-like setting provide a tranquil retreat. Currently operating as a vacation rental/hotel with a property management company handling operations, this versatile property presents numerous possibilities. The lobby area offers potential for retail or office space, while the property's prime location provides easy access to downtown attractions and Lake Taneycomo. The adjacent building includes two one-bedroom units. This property is ripe for expansion or conversion to suit a variety of uses, including a commercial building, bed and breakfast with a full restaurant, office building, or unique attraction. Additional development opportunities exist on the same block. The asking price is $1,085,000. A detailed exclusion list is available upon request.

• CAP approach

  CAP return

  Valuation

  6%

  $600,233

  6.5%

  $554,061

  7%

  $514,486

• Comparable approach

  Method

  Valuation

  Relative Method

  $601,446

  Geo Method

  $601,446

• Alternative Use

  Use

  Valuation

  Residential

  $604,874

  Hospitality

  $554,061

  Educational

  $460,973

  Medical

  $476,826

  Retail

  $717,068

Location Insight

City

Branson

County

Taney

State

Missouri

Latitude

36.6439

Longitude

-93.219

CBSA code

14700

CBSA name

BRANSON, MO MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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