204 S. Central, Coldwater, Kansas, 67029
The seller of this property has dropped the price by $25,000! The new price of the motel and restaurant is now only $90,000!!! This is a very rare opportunity to own a business in an amazing town!
This is the former Comanche Motel and restaurant in Coldwater, Kansas. We are going into the best time of the year for restaurants and motels with summer right around the corner and lake traffic beginning to increase. This is the time to grow a well known local business. In the fall hunters descend on the area for the Unit 16 deer hunting, wild turkey, pheasant and quail hunting. There are no other operational motels in the Coldwater community and overnight lodging is hard to find right now. This motel is within walking distance of the free public truck parking area too!
The restaurant is a turn-key operation. The kitchen and dining areas have been nicely remodeled and are ready for business.The restaurant has plenty of room for a dining and a banquet room or a game room, or turn it into a private club area. There is also a back room that could be used for a large office or even a small studio apartment.
The 23 unit motel includes an office, living quarters with 2 bedrooms and 2 bathrooms and there is a large basement as well. The motel will require work to be returned to operation.This is a wonderful opportunity to own your own business and live a great community that is in need of a motel and restaurant.
Located in a safe, family friendly community with easy access, get ready to enjoy country living at its best with this property. This property has nice frontage on US Highways 160 & 183, with a traffic count of 1,530 vehicles per day including 355 commercial vehicles.
The property is serviced by electricity, cell phone service, high speed Internet, satellite television, city sewer, water and natural gas.
Recreational opportunities abound with a short 2 mile drive to Coldwater Lake which is located near Coldwater, not far from the famous the Red Hills Scenic Byway. The city lake and park is situated in the rolling hills and woods of the scenic Gypsum Hills region of the state. The surrounding area offers rugged beauty and stunning vistas. Coldwater Lake is the best kept secret in Kansas and very popular with people of Southwest Kansas and Northwestern Oklahoma.
The 250-acre lake and 930-acre park provide anglers and outdoors people with lots of enjoyable activities. Annual fish stocking is handled by the Kansas Wildlife and Parks Commission. The lake is located next to a beautiful 10 hole golf course, with very low green fees.
This area of Kansas is known for its farming and ranching operations. There are jobs available in this area of the state for agriculture, oil and gas, as well as wind energy.
The city of Coldwater provides excellent public schools and a welcoming small town atmosphere. This could be your new family business in the historic Red Hills.
According to the Kansas Regional Center, some of the most important factors in choosing a place to live is lifestyle, safety and ease of finding jobs.
“You're looking for a place with a low cost of living, nationally ranked schools and picture-perfect communities. But you also want a place with world-class dining, great nightlife and wide-open spaces for outdoor adventure. It isn’t always easy to find that combination. But that’s exactly what you get in Kansas.
In Kansas, we don’t just live life. We live life to the fullest. We’re big on business and economic development, but we know how to relax and have a good time, too. We’re balancing work and play, progress and history, urban and rural to create a quality of life you can’t find anywhere else. And that’s what makes this place so special.
The cost of living in Kansas is nearly 8.7 percent below the national average, making our state among the most affordable in the nation. From food and gasoline to property taxes and car insurance, most of what you need costs less here. Housing costs are especially low, with the median value of owner-occupied homes nearly 35 percent below the national average. In fact, Kansas is ranked among the most affordable places in the country for buying a home. The bottom line is this - your dollar goes further here.”
As Native Kansans, we couldn’t agree more. Come see why the Sunflower State should be your home too.
· 65 miles to the southeast of Dodge City, Kansas
· 62 miles to the north of Woodward, Oklahoma
· 128 miles southwest of Wichita, Kansas
· 202 miles northwest of Oklahoma City, Oklahoma
· 323 miles southwest of Kansas City, Kansas
· 407 miles northwest of Dallas, Texas
· 432 miles southeast of Denver, Colorado
Coldwater, Kansas – The Way Life Should Be!