203 SW 7th Street Active

Stuart,IA 50250

$ 599000

0 Bed

0 Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 725743

Year Built 1971

Annual Tax Amount $20,600

Lot Size 0.940 Acres

Property Description

Stuart Motor Lodge is a well-maintained, independent roadside motel offering 20 rooms including one handicap unit. Completely renovated in 2014, gutted to the studs and rebuilt with new roof, plumbing, windows, bathrooms, HVAC systems, and fire alarm system. Since then, the owners have continued cosmetic updates to keep the property inviting and functional.

Large lobby and office area, ample parking for cars, trucks, and larger vehicles. There's upside potential: unused storage space could easily be converted to laundry facilities, vending, or even a breakfast/lounge area to enhance guest experience and drive incremental revenue.

Currently operating as an independent, family-owned property, Stuart Motor Lodge has built a loyal customer base that includes repeat travelers, truck drivers, and construction crews who rely on the motel for its convenience and accessibility.

Just off I-80, between Des Moines and Omaha, benefiting from one of the busiest east–west transportation routes in the country. Positioned at the corner of Division Street and SW 7th Street, the motel is located directly across from a large Casey's Truck Stop, which generates a consistent flow of guests.

The area is poised for growth, with one of Iowa's largest planned truck stops, expected to be among the largest in the Midwest, under development just blocks away. This project will bring extended waves of construction crews in the near term and create a long-term demand driver once complete.

Location

State IA

County Adair

Area Stuart

Zoning Comme

Interior

Heating Electric,Heat Pump

Flooring Carpet,Tile,Vinyl

Laundry Main Level

Exterior

Utilities Available Electricity Available

Roof Type Asphalt,Shingle

Building

Lot Description Rectangular Lot

Foundation Poured

Water Public

Others

Monthly Total Fees $1,716

Acceptable Financing Cash,Conventional,FHA,USDA Loan,VA Loan

Listing Terms Cash,Conventional,FHA,USDA Loan,VA Loan

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