$329,000
$379,000
13.2%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 12/30/2021
Key Details
Sold Price $329,000
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
Subdivision Hadlers Add To International F
MLS Listing ID 5663920
Sold Date 12/30/21
Year Built 1972
Annual Tax Amount $4,368
Tax Year 2021
Contingent None
Lot Dimensions 100x200
Property Description
Well maintained 20-unit Motel with excellent cash flow. This is a solid business opportunity on a high traffic corridor in International Falls located at the gateway to Voyageurs National Park with direct access to nearby Snowmobile/ATV trail. Owners have re-invested in the property with yearly improvements and have maintained a strong repeat customer base. There is even the potential to live on-site. This is a great opportunity to own and operate a profitable business in the north country!
Location
State MN
County Koochiching
Zoning Business/Commercial
Rooms
Basement Partial, Partially Finished, Storage Space
Interior
Heating Baseboard, Hot Water
Cooling Wall Unit(s)
Fireplace No
Exterior
Parking Features Paved
Utilities Available Electric Common, Heating Common, Hot Water Common
Roof Type Metal
Present Use Hotel/Motel
Building
Foundation 5536
Sewer City Sewer/Connected
Water City Water/Connected
Structure Type Brick/Stone,Wood Siding
Schools
School District International Falls
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