PROPERTY DETAILS
MoHall Commercial & Urban Development presents an outstanding investment opportunity with the American Inn Motel, a 33-room motel with a 3-bedroom apartment, ideally located at 1824 E Main St, Danville, IL 61832. This prime commercial property is positioned just off Interstate 74, ensuring high visibility and steady traffic from travelers, business guests, and tourists.
This income-generating Danville motel sits on a 0.46-acre lot (20,077 square feet) and includes two vacant lots for expansion or redevelopment. The first lot is located at 1823 E Main St, Danville, IL 61832 (Parcel Number: 23-03-315-026) and measures 0.12 acres (5,353 square feet). The second lot is at 1833 E Main St, Danville, IL 61832 (Parcel Number: 23-03-316-020) and spans 0.34 acres (14,809 square feet). These additional parcels provide excellent commercial development potential for extra parking, new amenities, or future mixed-use real estate projects.
The property has a history of consistent occupancy rates driven by transient travelers, local businesses, and tourism. Investors have the opportunity to increase profitability through renovations and strategic marketing efforts. This turnkey motel investment is ideal for owner-operators, hospitality investors, and developers.
The Americal Inn Motel offers essential guest amenities, including free Wi-Fi, air conditioning, television, and ample parking, ensuring a comfortable stay for visitors. With modernization opportunities, investors can further enhance revenue potential by attracting a broader guest base.
The motel is zoned B1 Neighborhood Business, which is ideal for small-scale commercial developments serving the local community. Additionally, the property is located within the TIF District: Campus Corridor, offering potential financial incentives for redevelopment and improvement projects.
The sale price is $650,000, which includes the motel and the vacant land. Danville, IL is a growing hospitality market with steady economic growth, making it an excellent location for commercial real estate investment. This property offers multiple revenue streams and future development possibilities, ensuring long-term value appreciation.
Don’t miss out on this affordable motel for sale in Danville, IL with high-income potential. Contact us today to schedule a private tour and learn more about this exciting commercial real estate investment opportunity!
