For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $950,000
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 5029357
Sold Date 07/14/20
Year Built 1969
Annual Tax Amount $11,913
Tax Year 2019
Contingent None
Lot Size 1.510 Acres
Acres 1.51
Lot Dimensions 220x300
Property Sub-Type Business
Property Description
Great owner-operator Motel, Independently owned 49 room Motel with spacious 3 bedroom living quarters.Located on a highly visible, high traffic count, main roadway in Albert Lea MN, easy access to I-35 & I-90.Close to restaurants and convenience store. 15 min from Casino. Motel offers continental breakfast,refrigerator, microwave and air conditioning in all rooms plus wireless internet access.
Location
State MN
County Freeborn
Zoning Business/Commercial
Interior
Heating Space Heater
Cooling Ductless Mini-Split
Fireplace No
Exterior
Parking Features Detached, Asphalt, Unassigned
Garage Spaces 50.0
Utilities Available Electric Separate, Heating Separate, Hot Water Separate
Roof Type Asphalt
Present Use Hotel/Motel
Building
Foundation 15554
Sewer City Sewer/Connected
Water City Water/Connected
Structure Type Vinyl Siding
Schools
School District Albert Lea
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP