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Sotheby's International Realty
Wednesday, February 19, 2014
Holiday Shores Resort Motel. 1+ acre of opportunities on the Mississippi River
HOLIDAY SHORES MOTEL
1.3 Acres of owned Mississippi River frontage is a
rare find that offers a myriad of opportunities. McGregor,
Iowa..Priced right@ 1.1m
This unique property
is one of the few within hundreds of miles of Mississippi River frontage.
Located within the 261 river mile long Upper Mississippi River Fish and Wildlife
Refuge, a development protected national park, it is situated on the main
channel in the middle of a major tourist destination. Locally, the original home
of Ringling Brothers Circus, there sits the Lady Luck Casino within one mile.
Pikes Peak State Park and Effigy Mounds National Monument are both a short drive
from the property.
McGregor Iowa is a quaint river
town with its streets lined with beautiful historical buildings housing many
specialty shops and restaurants.
Directly across the Mississippi River is
historic Prairie du Chien (Wisconsin’s second oldest city), featuring the Villa
Louis Mansion, historic Fort Crawford Medical Museum, and Wyalusing State Park.
Tens of thousands of tourists visit this area each Spring, Summer and
Potential investors would have
multiple options of running or developing the property further. The current boat
docks could be expanded to create slips for 25-35 boats. The property also
offers the potential to be developed into Condominium units. Condo Development
plans available upon request (either independent or as JV).
The motel can
be sold as an existing business. Seller finance options available.
Brokers/Investors: Feel free to spend a night
at the property to check out this fantastic location and surrounding
more information, please contact: Ron Goldstein