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1290 Mulholland Street Nauvoo, IL 62354 • Commercial - Retail

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Description

A rare opportunity to acquire one of Nauvoo's longstanding and best-known hospitality properties. Hotel Nauvoo combines boutique lodging, dining, and event facilities with an established name and brand. Eight individually styled second-level guest rooms, each with a private bath, include furnishings, linens, and TVs. Multiple dining spaces offer seating for approximately 300, ranging from intimate, character-filled rooms to an expansive main dining and banquet area, plus a bar and lounge and covered patio. A large, extensively equipped commercial kitchen and food-service infrastructure support restaurant, banquet, and event operations, with restaurant furnishings and equipment to convey. Additional features include a small office, ample basement storage, and a dedicated adjacent parking lot providing off-street parking. The offering also includes 1210 and 1220 Mulholland, currently home to the Way We Were Walking Tour, a community project developed by the Nauvoo Betterment Association. The Hotel Nauvoo name, brand, and seller-owned associated domain names convey with the sale. The property is commercially zoned and is located within Nauvoo's TIF district. Ideally positioned to serve Nauvoo's established tourism and visitor market. Hotel Nauvoo serves as the flagship property of The Heart of Nauvoo Collection and may be purchased individually or considered with additional hospitality and commercial properties in the portfolio.

Property Highlights

Property Type: Commercial - Retail
Year Built: 1841
Lot Size: 2.06 acres

General Information

County: Hancock
Listed By:
KL Real Estate Inc 319-325-3852
No Coast MLS
$1,900,000
Est. $13,567/mo
New to the Market Active
SQUARE FEET20,756 MLS#6343354
STATUS PROPERTY TYPECommercial - Retail

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Ruhl&Ruhl Realtors
563.441.1776

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1290 Mulholland Street, Nauvoo, IL 62354.

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Loan Type FHA 30 Year FixedVA 30 year fixed30 yr Jumbo
Purchase Price $1,900,000$1,900,000$1,900,000
Down Payment $66,500$0$380,000
Monthly Mortgage Amount $12,569$13,405$10,369
Taxes $2644$2644$2644
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $1,141$0$0
Monthly Estimated Total $16,908$16,603$13,567

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