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    1025 Newton Stewart Road

    French Lick, IN 47432
    • $1,250,000
    • STATUS: Active
    • ON SITE: 110 days
    • MLS #: 202026010
    $1,250,000
    • 0
      BEDS
    • 5.48
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 540
      SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1991
    County:
    Area:

    School Ratings & Info

    Description

    French Lick Cabins/Patoka Lake Village, 1025 Newton Stewart Road, French Lick,In Minutes to boat ramps and USA Land THE OWNERS ARE RETIRING! Your opportunity to own an established lodging business! 11 Log Cabins with 2 having basement rentals plus a Log Office/Home Building with a basement which could be converted into another rental. Each are fully furnished including appliances, 2 units have hot tubs. Also included is the Good Will, Future Reservations,French Lick Cabins, LLC at Patoka Lake Village,60" Toro My Ride, Kubota RTV with snow plow. There is a fish cleaning station. Each cabin is connected to a mound septic system for this development. 5.492 Acres of land with room to expand. Possible expansion includes boat storage, RV Hook ups, more rentals or anything a new owner wants. This is an excellent opportunity to purchase and existing and established business with instant income! Asking $1,250,000! Arial video: https://youtu.be/z87pJS7WyBE

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    © 2020 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Parker Team | Keller Williams Realty. Data last updated: 2020-10-27T00:27:42.28.

    www.parkerteamhomes.com/homes/107620921
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    1025 Newton Stewart Road French Lick, IN 47432

    • Price: $1,250,000
    • Status: Active
    • MLS #: 202026010
    0
    Beds
    0
    Baths
    0
    ½ Baths
    5.48
    Acres
    540
    SQFT
    $2,315
    $/SQFT
    1991
    Built
    Neighborhood:
    None
    County:
    Orange
    Area:
    Orange
    Property Description
    French Lick Cabins/Patoka Lake Village, 1025 Newton Stewart Road, French Lick,In Minutes to boat ramps and USA Land THE OWNERS ARE RETIRING! Your opportunity to own an established lodging business! 11 Log Cabins with 2 having basement rentals plus a Log Office/Home Building with a basement which could be converted into another rental. Each are fully furnished including appliances, 2 units have hot tubs. Also included is the Good Will, Future Reservations,French Lick Cabins, LLC at Patoka Lake Village,60" Toro My Ride, Kubota RTV with snow plow. There is a fish cleaning station. Each cabin is connected to a mound septic system for this development. 5.492 Acres of land with room to expand. Possible expansion includes boat storage, RV Hook ups, more rentals or anything a new owner wants. This is an excellent opportunity to purchase and existing and established business with instant income! Asking $1,250,000! Arial video: https://youtu.be/z87pJS7WyBE
    Exterior Features

    Construction Type1 Log Driveway GravelShared Exterior Log Fence None Fire Doors YN No Location OtherRural Lot Dimensions 5.482 ACRES Parcel Description IrregularResort Parking GravelLotOff-StreetPrivate Parking Type Ea Cabin Has Parking& Large Lot/ Boats Parking YN Yes Road Access County Roof Material AsphaltShingle Sea Wall Type None Security Light YN Yes Sign Type Other Signs YN Yes Water Features Walk To Lake Access Waterfront YN No

    Interior Features

    Basement Foundation CrawlFinishedFull BasementOutside Entrance OnlySlabWalk-Out Basement Basement YN Yes Bldg1 Above Grd Sq Ft 540 Bldg1 Below Grd Sq Ft 540 Bldg1 Fin Office Sq Ft 1640 Ceiling Height 8' Column Spacing Solid Log Cooling Central Air Flooring LaminateOtherVinyl Heating Fuel ElectricForced Air Interior Height 8' Interior Walls Wood Internal Rooms KitchenOfficeOther Special Features 220 VoltsDrapes Total Restrooms 13

    Property Features

    Annual Taxes 4883.84 Auction YN No Buildings 12 Burglar Alarm YN No Cable Company DirecttvDish NetworkOtherSmithville Communications Currently Leased YN Yes Documents Available Aerial PhotoBroker Projected Electric Company Orange Co Remc Enterprise Zone No Equipment YN Yes Fire Protection OtherVolunteer For Sale Or Rent For Sale Ingress Egress Gravel Lease Term Remaining Nightly New Construction No Owner Real Estate License YN No Planned Unit Dev YN No Platted YN Yes Present Use Bed &Amp; BreakfastHotel/MotelResort Property Sub Type Hotel & Motel Property Use Bus. Included W/PropertyInvestment Property Proposed Financing CashContractConventional Public Utilities Electric Hook-UpMun. Water To SitePrivate Common Sewer Reo YN No Restrictions Road Easement Sale Includes BuildingBusinessFurnitureInventoryLandLease Sewer OtherPrivateSeptic Smoke Fire Alarm YN Yes Special Assessments None Sprinkler System YN No Tax Abatement No Township Jackson Water Company Patoka Water Water Heater YN Yes Water Softener YN No Water Utility Public Year Taxes Payable 2020

    Listing courtesy of Brooks Galloway of Brooks Galloway Real Estate.
    © 2020 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Parker Team | Keller Williams Realty.


    © 2020 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Parker Team | Keller Williams Realty. Data last updated: 2020-10-27T00:27:42.28.

     
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    3298 McCarty Lane Suite A
    Lafayette IN, 47905