For Sale: Waseca MLS# 6562908
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Property Description
3 bed home + 5 unit extended stay motel + 2.7 acres + lake views = ENDLESS POSSIBILITIES! Opportunity knocks! Welcome to Lodging at Lake Aire with incredible views of Clear Lake. Thriving business with month to month stays with many regular and seasonal clients. Motel has remodeled rooms and includes 3 efficiency, 2 one bedroom, on site laundry and private patios for each roomâ?¦all nestled in a private tree lined setting. The charming main home features curved archways, stacked stone fireplace, updated kitchen & baths, hardwood floors, built in hutches and an oversized heated 2 car garage. Plenty of land to potentially add additional amenities or rentals & includes a 2nd curb cut off Elm Ave. Small investment = BIG rewardsâ?¦let the business cover your mortgage. Located in the quaint small town of Waseca near numerous lakes, camping and bike paths. This property is meticulously maintained and ready for operation from day one! Call today for more information!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$650,000
Property Type:
Commercial
City:
Waseca
Garage Spaces:
2
County:
Waseca
Year Built:
1960
State:
MN
Property Style:
Other
Zip Code:
56093
Interior
Ceiling Height:
8-10
Ranges:
Five
Refrigerators:
Five
Appliances Included:
- Cooktop
- Gas Water Heater
- Microwave
- Range
- Refrigerator
Basement Details:
Crawl Space
Exterior
Stories:
One
Garage Spaces:
2
Garage Dimensions:
26x26
Garage Size:
676 ft2
Other Parking Spaces:
10
Air Conditioning:
Wall Unit(s)
Foundation Size:
1,616 ft2
Handicap Accessible:
No Stairs External, No Stairs Internal
Road Responsibility:
Public Maintained Road
Heating System:
- Boiler
- Hot Water
Parking Features:
- Concrete
- Open
- Paved
Shared Amenities:
Coin-op Laundry Owned
Unit Amenities:
- Panoramic View
- Patio
- Security Lights
Road Frontage:
- County Road
- Curbs
- Paved Streets
- Sidewalks
- Storm Sewer
- Street Lights
Exterior Material:
Wood Siding
Roof Details:
Age 8 Years or Less
Lake & Waterfront
Waterfront Present:
N
Waterfront Name:
Clear
Waterfront View:
Lake
DNR Lake ID#:
81001401
Lake Chain Name:
N
Lake Acres:
648
Lake Depth:
34
Waterfront:
Lake View
Lot & Land
Acres:
2.7
Geolocation:
44.075687, -93.489644
Inclusions:
Building, Business Assets, Business, Fixture/Equipment, Land, Leases, Rental License
Lot Dimensions:
263 x 432 x 253 x 475
Zoning:
- Business/Commercial
- Residential-Single Family
Lot Description:
Tree Coverage - Medium
Farm
Topography:
High Ground
Schools
School District:
829
District Phone:
507-835-2500
Expenses
Tenant Expenses:
None
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$6,998
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$6,998
Units
Total Units:
6
Miscellaneous
Current Use:
Hotel/Motel
Fuel System:
Natural Gas
Owner Occupied:
Yes
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Common
- 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 Re/Max Advantage Plus.
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.