For Sale: Lake Benton MLS# 6474262
Active
$140,000
Commercial: Business,Office,Other
Built 1920
0.41 acres
Lake Benton schools
MLS# 6474262
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Property Description
The rolling bluffs of the Buffalo Ridge are the setting for income producing opportunities. Located at the junction of HWY 14 and 75, overlooking the shores of Lake Benton and near the entrance to Hole in the Mountain County Park, you will find all of your outdoor recreation needs at your fingertips. This eight room motel has been recently renovated. In addition to the motel, there is also a detached four bedroom home, two RV hook-ups, and plenty of parking. This property is the ideal set-up for someone wanting to capitalize on vacation rental platforms. Donâ??t let this business adventure pass you by, contact us today.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$140,000
Property Type:
Commercial
City:
Lake Benton
Garage Spaces:
1
County:
Lincoln
Year Built:
1920
State:
MN
Property Style:
Business, Office, Other
Zip Code:
56149
Subdivision Name:
Lake Benton
Interior
Ceiling Height:
8-10
Ranges:
Two
Refrigerators:
Six or More
Appliances Included:
- Microwave
- Range
- Refrigerator
Basement Details:
- Concrete
- Partial
Exterior
Stories:
Two
Garage Spaces:
1
Garage Dimensions:
16x16
Garage Size:
256 ft2
Garage Door Height:
7
Garage Door Width:
9
Other Parking Spaces:
15
Air Conditioning:
Wall Unit(s), Window Unit(s)
Foundation Size:
974 ft2
Foundation Dimensions:
25x38
Handicap Accessible:
Other, Partially Wheelchair
Road Responsibility:
Public Maintained Road
Heating System:
- Baseboard
- Forced Air
Parking Features:
- Detached
- Parking Lot
Road Frontage:
City Street
Exterior Material:
- Vinyl Siding
- Wood Siding
Roof Details:
- Age Over 8 Years
- Asphalt
- Metal
Lake & Waterfront
Waterfront Present:
N
Waterfront Name:
Benton
Waterfront View:
East
DNR Lake ID#:
41004300
Waterfront Slope:
Gradual
Lake Chain Name:
N
Lake Acres:
2699
Lake Depth:
9
Waterfront:
Lake View
Lake Bottom:
Soft
Lot & Land
Acres:
0.41
Geolocation:
44.268801, -96.28798
Inclusions:
Building, Business Assets, Business, Fixture/Equipment, Inventory, Land, Other
Lot Dimensions:
115 x 215
Zoning:
- Business/Commercial
- Lot
Schools
School District:
404
District Phone:
507-368-4241
Expenses
Tenant Expenses:
None
Financial & Taxes
Tax Year:
2023
Annual Taxes:
$4,596
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$4,596
Units
Total Units:
10
Miscellaneous
Current Use:
- Hotel/Motel
- Office
- Residential
Fuel System:
- Electric
- Natural Gas
Owner Occupied:
Yes
Sewer System:
City Sewer - In Street
Available Utilities:
Heating Common
Water System:
City Water/Connected
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Local Home Mortgage Professionals
651-253-2144
Jason & Kim Stone
Branch Manager & Co-Branch Manager
Fairway Mortgage NMLS#1018649
Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
It would be our pleasure to assist you with your home purchase!
Listing provided by RMLS,
courtesy of Edina Realty, Inc..
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.