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Active
$589,000
/mo Edit
Commercial:  Business Opportunity
Built 1967
0.92 acres
International Falls schools
MLS# 6534695
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    Property Description

    Turnkey hospitality business for sale in International Falls. With 21 rooms, living quarters, office, laundry room and fish cleaning shack, this busy motel is located right on Hwy 53 as you enter town. Equipped with cameras and remote thermostat, all fixtures stay. Each room has A/C, microwave, fridge, flat screen tv, and linens. The roof, floors, boiler (with a back up boiler) and toilets have been updated. 3 washers and 4 dryers are in the lower level laundry room where there are units that could be used as apartments, storage etc. Listed on all the booking sites, this business also has a beautiful website for advertising. Live for free in the on-site living quarters at this very well maintained, established business!

    Listing

    Contingency: None
    City: International Falls
    County: Koochiching
    State: MN
    Property Style: Business Opportunity
    Zip Code: 56649
    Subdivision Name: Second Div Of Intl Falls

    Interior

    Basement Details: Full

    Exterior

    Stories: One
    Other Parking Spaces: 20
    Air Conditioning: Wall Unit(s)
    Foundation Size: 7,720 ft2
    Foundation Dimensions: 256x25
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Hot Water
    Parking Features: Parking Lot
    Road Frontage:
    • City Street
    • State Road
    Exterior Material:
    • Brick/Stone
    • Metal Siding
    • Vinyl Siding
    • Wood Siding
    Roof Details: Metal

    Lot & Land

    Acres: 0.92
    Geolocation: 48.58249, -93.402346
    Inclusions: Building, Business, Fixture/Equipment, Inventory
    Lot Dimensions: 137 x 255
    Zoning: Industrial

    Schools

    School District: 361
    District Phone: 218-283-2571

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $5,404
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $5,404

    Units

    Total Units: 22

    Miscellaneous

    Current Use: Hotel/Motel
    Fuel System: Natural Gas
    Owner Occupied: Yes
    Sewer System: City Sewer/Connected
    Available Utilities: Electric Common
    Water System: City Water/Connected

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    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.
    It would be our pleasure to assist you with your home purchase!

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