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    907 Minnesota Avenue

    Walker, MN 56484
    • $1,200,000
    • STATUS: Contingent
    • ON SITE: 89 days
    • ID#: 5631286
    UPDATED: 78 min ago
    $1,200,000
    • 0
      BEDS
    • 1.3
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 11,716
      SQFT
    • $102
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1899
    County:
    Area:

    School Ratings & Info

    Listing courtesy of Bill Hansen Realty/Walker.

    Description

    WALKER, MN HOTEL OPPORTUNITY. Located in charming Walker, Minnesota, this established, fully operational 2-story hotel features 11,716 finished sq. ft. & is located on the main street in a very high traffic location & close to many bars, restaurants & local retail shops. This independently owned 35-room hotel features spacious, remodeled rooms & also includes a remodeled apartment for the manager/owners quarters. This highly visible building is a fantastic opportunity to be an owner-operator or simply a profitable investment property with a 3-year average cap rate of 13%. Walker is a thriving YEAR-ROUND tourist destination located in the heart of the Northern Lakes Area. Guests will enjoy hunting, boating, snowmobiling, ice fishing, tournament fishing, local gaming, many area festivals & events, and so much more. The building has a rare 250 of exposure on Highway 200/371 with ample parking for boats, trailers & more! Come be a part of the winning business community in Walker!

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    IDX data © 2020 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than The Pomerleau Team are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. The Pomerleau Team is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of The Pomerleau Team, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2020-10-28T07:09:29.46.

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    www.residemn.com/homes/108379912
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    907 Minnesota Avenue Walker, MN 56484

    • Price: $1,200,000
    • Status: Contingent
    • Updated: 78 min ago
    • ID#: 5631286
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.3
    Acres
    11,716
    SQFT
    $102
    $/SQFT
    1899
    Built
    Neighborhood:
    Parkside Add
    County:
    Cass
    Area:
    Walker
    School District:
    113 - Walker-Hackensack-Akeley
    Property Description
    WALKER, MN HOTEL OPPORTUNITY. Located in charming Walker, Minnesota, this established, fully operational 2-story hotel features 11,716 finished sq. ft. & is located on the main street in a very high traffic location & close to many bars, restaurants & local retail shops. This independently owned 35-room hotel features spacious, remodeled rooms & also includes a remodeled apartment for the manager/owners quarters. This highly visible building is a fantastic opportunity to be an owner-operator or simply a profitable investment property with a 3-year average cap rate of 13%. Walker is a thriving YEAR-ROUND tourist destination located in the heart of the Northern Lakes Area. Guests will enjoy hunting, boating, snowmobiling, ice fishing, tournament fishing, local gaming, many area festivals & events, and so much more. The building has a rare 250 of exposure on Highway 200/371 with ample parking for boats, trailers & more! Come be a part of the winning business community in Walker!
    Exterior Features

    Construction Materials Wood SidingBrick/Stone Foundation Area 11716 Lot Features Tree Coverage - Light Lot Size Dimensions 250X215x250x250 Parking Features OpenAsphaltShared DrivewayPaved Parking Open 0 Road Frontage Type City StreetPaved Streets Roof AsphaltPitchedAge Over 8 Years Waterfront YN No

    Interior Features

    Appliances MicrowaveRefrigerator Cooling Wall Unit(S) Heating Forced Air

    Property Features

    Accessibility Features Accessible Elevator InstalledDoors 36"+Hallways 42"+Door Lever HandlesPartially Wheelchair Additional Parcels YN No Association Amenities Concrete Floors & Walls Contingency Inspection Current Use Hotel/Motel Foreclosure Status No Fuel Electric Inclusions BusinessBuildingLand Lender Owned No Owner Pays TaxesInsuranceWaterElectricityFuelRepairsTrash CollectionSnow RemovalGrounds CareCable Tv Postal City Walker Potential Short Sale No Property Sub Type Other School District Number 113 Sewer City Sewer/Connected Tax Annual Amount 23108 Tax With Assessments 23608.00 Tax Year 2020 Unit Amenities Natural WoodworkVaulted Ceiling(S)Tiled Floors Utilities None Water Source City Water/Connected Zoning Description Business/Commercial

    © 2020 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
    Listing courtesy of Bill Hansen Realty/Walker. This home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.


    IDX data © 2020 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than The Pomerleau Team are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. The Pomerleau Team is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of The Pomerleau Team, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2020-10-28T07:09:29.46.

    Click here for Digital Millennium Copyright Act
     
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    The Pomerleau Team
    11671 Fountains Drive, Suite 200
    Maple Grove MN, 55369
    Listing courtesy of Bill Hansen Realty/Walker.