215 Commerce Blvd Midway, FL 32343-6643
- Hotels
- 28,130 SF
- 2.30 lot acres
Current Use by Public Records
- Comfort Inn & Suites Midway - Tallahassee West / Hotel
Property Details for 215 Commerce Blvd
- Year built
- 2008
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 2.30 lot acres
- Property size
- 28,130 SF
- Property type
- Hotels
- Property subtype
- Motels
- APN
- 4-10-1N-2W-0000-00334-0400
- APU
- 4101N2W0000003340400
Description
This exceptional investment opportunity presents a fully renovated 67-key Comfort Inn & Suites hotel in Midway, Florida. Strategically located off I-10, this three-story, 2008-built property enjoys high visibility and easy access to major roadways. A comprehensive renovation completed in June 2023 includes all-new furniture throughout the 67 units, ensuring a modern and comfortable guest experience. The hotel sits on a 2.3-acre lot, including an additional half-acre offering potential for future expansion or development. The property boasts a robust metal roof, minimizing maintenance costs, and provides ample parking with 85 spaces. Its proximity to Florida State University (9 miles) and Tallahassee International Airport makes it ideal for both business and leisure travelers. The hotel features indoor corridors and benefits from a strong brand presence and consistent revenue. This turnkey investment requires minimal additional capital expenditure, offering immediate returns and significant long-term growth potential. A virtual tour is available for a comprehensive view of the property.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Midway
- County
- Gadsden
- State
- Florida
- Longitude
- -84.4257
- Latitude
- 30.4923
- CBSA code
- 45220
- CBSA name
- TALLAHASSEE, FL METROPOLITAN STATISTICAL AREA
