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Listing ID604899
Price$4,500,000
StatusActive
SqFt 56,104
Acres 5.900
CountyHarvey
Year Built1980
Property TypeCommercial
Property Sub TypeMotel/Hotel
EXCELLENT INVESTMENT PROPERTY! GREAT LOCATION WITH BEAUTIFUL GROUNDS ! Red Coach Inn Newton Kansas Hotel sits on 5.8 acres of land. It is located directly next to the Comfort Inn and Braum's Ice Cream Store, within full view from Interstate 135 which has a 23,300 daily vehicle count. Originally known as Best Western Red Coach Inn, built in 1980, 60,000 sq.ft has 81 Room Hotel and Conference Center, offers large guest rooms, attached full service restaurant, conference and banquet facilities, and indoor pool along with land with sewer, water and gas. The extra land can be developed into 2 apartment buildings with 20-30 units each. Due to the strong demand for affordable housing in Newton KS. The new owner could take the property to workforce housing, a senior living community, or even expand on the concept of the extended-stay apartment in place. The current zoning is C2. This property is a LANDMARK in the Newton area and is well known, plus the visibility, parking spaces and huge parking lot makes it ideal for growth and expansion. Sand Creek Golf Course and Kauffman museum are a 5 mins drive from the hotel. The Newton Amtrak Station is only 2 miles away. Wichita State University and downtown Wichita are 30 minutes south, and Wichita Mid-Continent Airport is 32 miles away. It is in a prime location for a service oriented business relating to the traveling public or the local community and it is in great shape, ready for a new owner to take over the turnkey business or create something new! Call today for a tour!
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the South Central Kansas MLS, Inc. and includes listings held by other brokerage firms. All information deemed reliable, but not guaranteed, and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listings broker(s) nor Sundgren Realty, Inc. shall be responsible for typographical errors, misinformation, misprints, and shall be held totally harmless. Listing information is provided for the consumer's personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. © 2021 South Central Kansas MLS, Inc. All rights reserved. Listing courtesy of RE/MAX Realty Centre. Data last updated: Monday, November 29th, 2021.
#IDX-primaryPhoto, #IDX-listingMediaLinks, #IDX-detailsHeader, #idx-details-featured-image Listing courtesy of Nancy Shih with RE/MAX Realty Centre

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Sundgren Realty

218 E. Central
El Dorado, KS 67042
Fax: 316-321-7116
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