114 W Highway 90, Bonifay, FL 32425

$1,900,000
Property Type: Commercial for Sale Square Footage: 15,002 Lot Size (sq. ft.): 98,010 Status: Active
Current Price: $1,900,000 List Date: 3/09/2024 Last Modified: 10/10/2025

Description

Property Overview: Economy Lodge Bonifay Discover a prime commercial opportunity with the Economy Lodge in Bonifay, FL. This 37-room hotel strategically sits at the crossroads of Highway 90 and Highway 79, ensuring excellent visibility and accessibility. An ideal location for various business ventures, this property is offered in as-is condition, providing a blank canvas for your commercial vision. Key Features: Location: Strategically positioned at the intersection of Hwy 90 & Hwy 79 in Bonifay . Potential: Versatile commercial property with 37 rooms, offering a range of business possibilities. Development Considerations: Sold as-is. Buyers are encouraged to confirm building restrictions and utility access for their intended use. Verification: Buyers are responsible for verifying all measurements and any information deemed crucial for their investment. Seize the opportunity to shape this property to fit your business aspirations. Whether you envision a boutique hotel, a revitalized lodging establishment, or another venture, this prime location awaits your transformative touch. Contact us for more information and to explore the potential of Economy Lodge Bonifay. Buyer to verify ALL information.

More Information MLS# 753976

Contract Info

List Price/SqFt: 126.65 List Date: 2024-03-01 List Price: $1,900,000 Current Price: $1,900,000 Sub-Type: Hotel/Motel

Location

Sub Area: 0802 – Holmes East Community/Resort: None Waterfront: No Elementary School: Bonifay (HC) Middle School: Bonifay (HC) High School: Holmes Co (HC) Section: 06 Directions: The Corner of SR Hwy 79 and US Hwy 90 W in Bonifay, FL. Township: 04 Range: 14 Area: 08 – Holmes County Street #: 114 Street Direction: W Street Name: Highway 90 State: FL Zip Code: 32425 County: Holmes Subdivision: No Named Subdivision Parcel ID: 0606.02-000-000-044.000 Legal Description: A PARCEL OF LAND IN NW1/4 OF NW1/4 IN 6 4 14 BEING MORE ACCURATELY DES. IN OR 120/375 DES OR 195/33-34

General Property Info

List Class: Commercial Floor Number: 1 Acreage: 2.25 Immediate Occupancy: No Construction Status: Construction Complete # of Units: 37 # of Stories in Building: 1 SqFt Tot Bldg: 15002 Year Built: 1963

Listing Info, Tax and Legal

HOA Fee: No

Remarks & Misc

Remarks: Property Overview: Economy Lodge Bonifay Discover a prime commercial opportunity with the Economy Lodge in Bonifay, FL. This 37-room hotel strategically sits at the crossroads of Highway 90 and Highway 79, ensuring excellent visibility and accessibility. An ideal location for various business ventures, this property is offered in as-is condition, providing a blank canvas for your commercial vision. Key Features: Location: Strategically positioned at the intersection of Hwy 90 & Hwy 79 in Bonifay . Potential: Versatile commercial property with 37 rooms, offering a range of business possibilities. Development Considerations: Sold as-is. Buyers are encouraged to confirm building restrictions and utility access for their intended use. Verification: Buyers are responsible for verifying all measurements and any information deemed crucial for their investment. Seize the opportunity to shape this property to fit your business aspirations. Whether you envision a boutique hotel, a revitalized lodging establishment, or another venture, this prime location awaits your transformative touch. Contact us for more information and to explore the potential of Economy Lodge Bonifay. Buyer to verify ALL information.

Office/Member Info

Seller Concessioins: No

Other

Year Built: 1963

Financing

Cash: 1 Conventional: 1

Present Zoning

Business: 1 City: 1 Commercial: 1

Sale Type

As Is: 1

Business Only

Year Built: 1963

Business/Property

Bus Est Five or More Yrs: 1 Freestanding Building: 1 Furnished – Some: 1 Laundry Facilities: 1 Living Quarters: 1 Office Area: 1 Restrooms – Private: 1

Floors in Unit/Home

One: 1

Hotel/Motel

Year Built: 1963 # of Rooms: 37 # of Floors: 1

Land

Property Type: Commercial

Offering Type

Real Estate: 1 Sale Only: 1

Transport. Access

2-Lane: 1 4-Lane: 1

Status Change Info

Status: Active

Property Features

Financing: Cash; Conventional Offering Type: Real Estate; Sale Only Present Zoning: Business; Commercial Sale Type: As Is
Listing Office: Watersound Real Estate
Last Updated: October – 10 – 2025
Information deemed reliable but not guaranteed.