Price reduced $100,000. The former boutique hotel and restaurant is located off of US Highway 90 in one of the Gulf Coast's most historic towns. The hotel is located in the downtown core location with close proximity to the County Courthouse, shops, and restaurants. Hotel Defuniak has great visibility and exposure with being located on the corner of US Highway 90 (E. Nelson Ave.) and 8th Street. The hotel is 2 stories and the restaurant is a single-story building adjacent next door. The hotel is bank owned and has been closed since mid to late 2015 and is now in fair condition with all of the hotel furnishings and most of the restaurant furnishings and equipment removed. Some of the restaurant equipment including freezers, refrigerators, shelving and ovens remain; however, it is unknown whether or not the equipment is functional. This property would be the ideal location for retail if used vacant or as improved. Ingress and egress is available to the site via a curb cut along the southern right-of-way along East Nelson Street (US Hwy 90) at the properties northeastern corner.
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