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Active NEW!
$1,200,000
/mo Edit
Commercial:  2 Stories
Built 1963
1.239 acres
MLS# 7003233
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    Property Description

    Investors opportunity is knocking! This Hotel/Studio apartment property has so much to offer. There are a total of three buildings. The front and back units are rented out for short or long term occupancy. There is a total of 36 rooms that are furnished with stove, refridg, microwave, dresser, bed, each unit as its own heat and AC source. There is a owners/managers suite with 3 bedrooms , kitchen, living room and bath, basement, and a 2 car attached garage. This too can be rented out to tenants. There is a office attached to the front building. There has been lot of updates to this property in the last 2 years. For more details please call or make an appointment to check it out. Invest in the New Year owning this prime located property in a high traffic area in Worthington, MN. There are several buildings so measurements will be given at appointments .

    Listing

    Contingency: None
    City: Worthington
    County: Nobles
    State: MN
    Property Style: 2 Stories
    Zip Code: 56187
    Subdivision Name: Clifton Add

    Interior

    Appliances Included:
    • Range
    • Refrigerator

    Exterior

    Stories: Two
    Garage Spaces: 2
    Garage Dimensions: 22 x 28
    Garage Size: 616 ft2
    Garage Door Height: 7
    Garage Door Width: 16
    Air Conditioning: Ductless Mini-Split
    Foundation Size: 2,921 ft2
    Foundation Dimensions: 18x85
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Baseboard
    Parking Features:
    • Attached Garage
    • Parking Lot
    • Paved Lot
    Unit Amenities: Patio
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Storm Sewer
    Exterior Material:
    • Block
    • Frame

    Lot & Land

    Acres: 1.239
    Geolocation: 43.629519, -95.580813
    Inclusions: Building, Fixture/Equipment, Land
    Lot Dimensions: 53538
    Zoning: Business/Commercial

    Schools

    School District: 1900
    District Phone: 5073722172

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $14,964
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $14,964

    Units

    Total Units: 37

    Miscellaneous

    Current Use: Hotel/Motel
    Fuel System: Electric
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Common
    • Heating Common
    • Hot Water Common
    Water System: City Water/Connected

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Re/Max Premier Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.