2759 Mount Pleasant St - Hospitality FOR SALE


Burlington, IA 52601
$1,600,000 USD
630-965-7565
2759 Mount Pleasant St, Burlington, IA for Sale
$1,600,000 USD
Hospitality - FOR SALE
1/52
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2759 Mount Pleasant St
Burlington, IA 52601


OVERVIEW

FOR SALE — Premier Hotel Investment Opportunity Near Entertainment Hotspot in Burlington, Iowa Offered at $1,600,000, this exceptional hotel property presents an unbeatable opportunity to own a hospitality asset in the heart of Burlington’s thriving entertainment corridor — steps from Catfish Bend Casino, Fun City Resort, and a variety of local attractions, restaurants, and retail destinations. Property Highlights: -Prime location just off Highway 61, minutes from the Mississippi River waterfront -Close to major draws such as Catfish Bend Casino, FunCity Water Park, and the Pzazz! Resort & Convention Center—a hub for year-round visitors -Well-maintained building with strong redevelopment potential -Ideal for repositioning as a boutique hotel, extended-stay property, or franchise conversion -Ample on-site parking and easy access to regional highways and rail connections -Serves a robust market of tourists, business travelers, and event attendees Why Burlington: Burlington is southeastern Iowa’s entertainment capital, offering a unique mix of leisure, gaming, and riverfront recreation. The city attracts thousands of visitors annually with its casino resorts, sports complexes, and convention facilities. This hotel is strategically situated to capture both overnight travelers and long-term guests seeking convenience and value near the area’s top destinations. Investment Highlights: -Affordable acquisition cost with significant upside potential -Proven hospitality market anchored by consistent casino and resort traffic -Perfect for local or regional investors expanding within Iowa’s growing tourism corridor This property combines location, opportunity, and value—a rare chance to own a well-positioned hotel in a high-demand entertainment district.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$24 USD /SF

# OF ROOMS

96

PRICE/ROOM

$16,667 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Burlington Hotel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1965

PARKING SPACES

197

LAND DETAILS

LAND ACRES

4.29 AC

LAND SF

186,872 SF

ZONING

commercial

APN/PARCEL ID

11-31-101-045

ASK ABOUT THIS PROPERTY

Harry PatelH&A HospitalityMore Info
630-965-7565

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Harry PatelH&A HospitalityMore Info
630-965-7565

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