Walker, MN 56484,907 Minnesota AVE
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Walker, MN 56484,907 Minnesota AVE
Walker, MN 56484,907 Minnesota AVE
Walker, MN 56484,907 Minnesota AVE
Walker, MN 56484,907 Minnesota AVE

$1,195,000

Est. payment /mo

$1,200,000

0.4%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

907 Minnesota AVE Walker, MN 56484

1.3 Acres Lot

SOLD DATE : 02/01/2021

Key Details

Sold Price $1,195,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Subdivision Parkside Add

MLS Listing ID 5631286

Sold Date 02/01/21

Year Built 1899

Annual Tax Amount $23,108

Tax Year 2020

Contingent None

Lot Size 1.300 Acres

Acres 1.3

Lot Dimensions 250x215x250x250

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/owner's 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!

Location

State MN

County Cass

Zoning Business/Commercial

Rooms

Family Room Community Room

Interior

Heating Forced Air

Cooling Wall Unit(s)

Fireplace No

Appliance Microwave, Refrigerator

Exterior

Parking Features Asphalt, Shared Driveway, Paved, Open

Utilities Available None

Roof Type Age Over 8 Years, Asphalt, Pitched

Present Use Hotel/Motel

Building

Lot Description Tree Coverage - Light

Story Two

Foundation 11716

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

Structure Type Brick/Stone, Wood Siding

Schools

School District Walker-Hackensack-Akeley

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Listed by Heather Hauser • Bill Hansen Realty/Walker
agent

Jake Waldman

Advisor | License ID: 40751253

+1(612) 281-4313

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