Palmantier’s Motel, 9-Unit Motel Plus Duplex, Home, Inground Pool, Garages, 3.25 Acres

Directions: Take US Rt. 30 east of Canton or west of Minerva to auction. Watch for KIKO signs.

Features a clean and updated 5-star rated 9-unit motel. Ideal owner-occupied business. Each unit is nice sized with 2-3 beds each, one full bath, completely furnished, mini fridge, microwave, and heat A/C unit. Each has a garage/patio area. All brick construction, concrete parking. Also, large duplex home. Owner’s side is brick with 4 bedrooms and 3 full baths. Vinyl sided is 3 bedrooms and 2 full baths and currently used as VRBO. Both in good condition, have basements, oil boiler heat and A/C on one side. Wood stove in owner’s side. Appliances transfer. Property has 2 septic systems and 1 water well, and a detached 2-car garage, and a 1-car shed. Nice inground pool for guests with pool shed. Motel comes completely furnished with furniture, linens, towels, etc. Many upgrades the past years including bathrooms, concrete drive, etc. Gross rents 2022 - $104,239, 2023 - $93,107, 2024 - $97,458, 2025 - $88,216. Owners will keep the motel rented until deed transfer. Lots of repeat customers each year. Great cash flow property in a high exposure location! Contact Matt Kiko for more info.

10% down auction day, balance due at closing. A 10% buyer’s premium will be added to the highest bid to establish the purchase price. Any desired inspections must be made prior to bidding. All information contained herein was derived from sources believed to be correct. Information is believed to be accurate but not guaranteed.

Earl & Lorraine Sonntag