$3,900,000

Rare redevelopment opportunity in the heart of downtown Perry! This highly visible commercial property has long been recognized as one of downtown Perry’s prime potential development sites and is now being offered for sale. The existing motel improvements are considered secondary to the value and potential of the property. With its prominent downtown location, the property offers a wide range of potential redevelopment possibilities, including mixed-use development, retail and office space, residential lofts or apartments above commercial space, hospitality, structured parking/parking deck, or other commercial concepts. An exceptional opportunity for a developer or investor with the vision to create a landmark project that complements Perry’s growing and vibrant downtown district. All proposed uses are subject to zoning, governmental approval, and applicable development requirements. Buyers should independently verify zoning, utilities, permitted uses, and suitability for their intended development.