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Budget Inn La Fonda Motel 229 W Pancake Blvd 46 Room Hotel Liberal, KS 67901 $1,229,688 CAD ($26,732 CAD/Room)
Investment Highlights
- 44-room motel asset located along a well-traveled commercial corridor
- Positioned to serve transient, workforce, and regional travel demand
- Visibility from Pancake Boulevard with nearby national and local businesses
- Convenient access to U.S. Highway 54 and surrounding service retail
- Established hospitality use with potential for operational upside
Executive Summary
There’s a large parking lot with space for big trucks, making it convenient for guests. Behind the office is a private 1-bedroom home with 1.5 bathrooms, a spacious living room, full kitchen, and three outdoor wood storage rooms—perfect for an owner or manager to live on-site.
The property also includes a two-story building with 14 rooms, currently closed, that could be turned into apartments or used for other income opportunities.
This is a great chance to live where you work, expand your business, or invest in a high-traffic location.
Owner financing is available!
Property Facts
| Price | $1,229,688 CAD | Lot Size | 0.90 AC |
| Price Per Room | $26,732 CAD | Building Size | 10,000 SF |
| Sale Type | Investment | No. Rooms | 46 |
| Sale Condition | Business Value Included | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1956/2019 |
| Property Subtype | Hotel | Parking Ratio | 4.6/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Zoning | Commercial - Commercial | ||
| Price | $1,229,688 CAD |
| Price Per Room | $26,732 CAD |
| Sale Type | Investment |
| Sale Condition | Business Value Included |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.90 AC |
| Building Size | 10,000 SF |
| No. Rooms | 46 |
| No. Stories | 2 |
| Year Built/Renovated | 1956/2019 |
| Parking Ratio | 4.6/1,000 SF |
| Corridor | Exterior |
| Zoning | Commercial - Commercial |
Amenities
- Business Center
- Pool
- Restaurant
About 229 W PANCAKE BLVD , LIBERAL, KS 67901
229 W Pancake Blvd is a 44-room motel property located along a primary commercial corridor in Liberal, Kansas. The site offers strong visibility and convenient access to U.S. Highway 54, benefiting from regional traffic and proximity to nearby retail, dining, and service-oriented businesses. The property is well positioned to serve transient travelers, workforce lodging demand, and regional visitors. Its room count and layout provide an opportunity for continued operation or repositioning, making it suitable for investors seeking exposure to the hospitality sector in a stable southwest Kansas market.
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 2 | $119.00 CAD | - |
| Guest Room | 44 | $72.50 CAD | - |
Property Taxes
| Parcel Number | 193-05-0-10-22-012.00-0 | Improvements Assessment | $14,725 CAD |
| Land Assessment | $25,484 CAD | Total Assessment | $40,209 CAD |
Property Taxes
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Budget Inn La Fonda Motel | 229 W Pancake Blvd
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