16872 SE Highway 19 - Hospitality FOR SALE


Cross City, FL 32628
$1,999,000 USD
616-405-1257
16872 SE Highway 19, Cross City, FL for Sale
$1,999,000 USD
Hospitality - FOR SALE
1/29
null | Request Cap Rate

16872 SE Highway 19
Cross City, FL 32628


HIGHLIGHTS

  • 25 Rooms with Restaurant

OVERVIEW

This well-established, recently renovated 25 Rooms Motel and Restaurant property presents a unique investment opportunity in the heart of Cross City, Florida, situated directly on major highways (US-19, 98, and Alt-27) with excellent visibility and steady traveler traffic. The charming two-story, European-style motel features comfortable guest accommodations with amenities such as free Wi-Fi, air conditioning, and in-room conveniences, creating a welcoming stay for visitors year-round. Adjacent to the motel, the on-site restaurant offers a family-friendly dining experience with popular American cuisine and all-day breakfast, providing an additional revenue stream and strong local appeal. Together, the motel, restaurant, and underlying land form a cohesive, income-producing property in a prime location near the Gulf of Mexico, the Suwannee River, and popular coastal destinations, making it an ideal opportunity for owner-operators or investors seeking growth potential in North Florida.

FOR SALE DETAILS

PRICE

$1,999,000 USD

PRICE/SF

$67 USD /SF

# OF ROOMS

25

PRICE/ROOM

$79,960 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Carriage Inn Motel and Restaurant

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1961

PARKING SPACES

46

LAND DETAILS

LAND ACRES

1.44 AC

LAND SF

62,726 SF

ZONING

C-2

APN/PARCEL ID

09-10-12-2144-002-40010

ASK ABOUT THIS PROPERTY

Ken PatelDevpooja LLCMore Info
616-405-1257

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Ken PatelDevpooja LLCMore Info
616-405-1257

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.