1419 W 3rd St Alliance, NE 693013127

Property Details for 1419 W 3rd St

Year built

1981

Lot size

0.92 lot acres

Property size

14,046 SF

Zone code

03-COMMERCIAL

Property type

Motels

APN

70045291

APU

70045291

Description

This 40-key hotel in Alliance, Nebraska presents a compelling investment opportunity. Located at 1419 W 3rd St, this property boasts 7,023 square feet on a 0.92-acre lot, with an asking price of $1,200,000 ($170.87/sq ft). Built in 1981 and recently renovated in 2023/2024, the hotel is zoned Z02 and enjoys a convenient location off Highway 385. The property features amenities including free Wi-Fi, a 24-hour front desk, free parking, and pet-friendly accommodations. Each of the 40 guest rooms includes a private bathroom with shower, free toiletries, a hairdryer, air conditioning, and a desk. Additional guest services include copy, print, and fax machines. The hotel's proximity to casual dining establishments further enhances its appeal. Wyndham approval for a Super 8 franchise is in place, offering up to $2400 per key in franchise money. This well-maintained hotel offers strong potential for immediate returns and future growth in a desirable location. The recent renovations ensure the property is in excellent condition and ready for immediate operation. This is an exceptional opportunity to acquire a profitable hospitality asset in a thriving market. The property's strong location and established amenities make it an attractive option for both seasoned investors and newcomers to the hospitality sector.