$425,000
    112 Center Street NE
    Preston, MN 55965
    MLS# 6443004

    112 Center Street NE, Preston, MN 55965
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    Property Description
    Opportunity Awaits! Trailhead Inn is open year-round and is located in the heart of Preston along the state bike trail, near the Root River. Offering a total of 11 modern rooms with 6 standard double queen, 4 standard single queen and 1 King jacuzzi suite. Onsite ice cream, snack, coffee shop for added income and a place to gather. Nice clean and updated rooms with excellent parking out the front door. Guests come to enjoy the beautiful outdoors, biking, fishing, canoeing, hiking, kayaking and golfing. A great place for people to stay when in town for a wedding or visiting a loved one at the VA Hospital. The same owners have successfully run the business since 1995. Great opportunity to own an established turn-key and profitable business!

    Details
    None
    MLSID: RMLS
    Contract Information
    Digitally Altered Photos: No
    Status: Active
    Current Price: $425,000
    Contingency: None
    ListPrice: 425000
    List Date: 2023-10-03
    Owner is an Agent?: No
    Auction?: No
    Office/Member Info
    Association: SEMR
    General Property Information
    Lot Measurement: Acres
    Multiple PIDs?: No
    Owner Occupied: No
    Year Built: 2000
    Yearly/Seasonal: Yearly
    Zoning: Business/Commercial
    Foundation Size: 6056
    For Sale or Lease: For Sale
    Acres: 0.34
    Lot Dimensions: 62.5x240
    Location, Tax and Other Information
    Legal Description: BARBARA KAERCHERS ADDITION BLOCK-5,6 THAT PT OF BLKS 5,6 & 12 BK ADD & PT OF CENTER & PRESTON STREETS BEG 25.61' E OF NW COR BLK 5 S 19 DEG W172.19' N 70 DEG W62.5' N 19 DEG E240' S 70 DEG E62.5' S 19 DEG W67.81'
    Listing City: Preston
    Map Page: 999
    Municipality: Preston
    Rental License?: Yes
    School District Phone: 507-765-3843
    House Number: 112
    Street Name: Center
    Street Suffix: Street
    Street Direction Suffix: NE
    Postal City: Preston
    County: Fillmore
    State: MN
    Zip Code: 55965
    Zip Plus 4: 2616
    Property ID Number: 170263000
    Complex/Dev/Subdivision: Barbara Kaerchers Add
    Tax Year: 2024
    Tax Amount: 5088
    In Foreclosure?: No
    Potential Short Sale?: No
    Lender Owned?: No
    Directions & Remarks
    Public Remarks: Opportunity Awaits! Trailhead Inn is open year-round and is located in the heart of Preston along the state bike trail, near the Root River. Offering a total of 11 modern rooms with 6 standard double queen, 4 standard single queen and 1 King jacuzzi suite. Onsite ice cream, snack, coffee shop for added income and a place to gather. Nice clean and updated rooms with excellent parking out the front door. Guests come to enjoy the beautiful outdoors, biking, fishing, canoeing, hiking, kayaking and golfing. A great place for people to stay when in town for a wedding or visiting a loved one at the VA Hospital. The same owners have successfully run the business since 1995. Great opportunity to own an established turn-key and profitable business!
    Directions: Hwy 52 to Preston; South on St. Paul Street (CR 17) turns into St. Anthony Avenue; East on Fillmore Street (Cr 12) to Trailhead Inn.
    Assessments
    Tax With Assessments: 5088
    Building Information
    Building Finished SqFt: 5765
    Building SqFt: 6056
    Lease Details
    Land Leased: Not Applicable
    Lock Box Type
    Lock Box Source: SEMR
    Miscellaneous Information
    Homestead: No
    Ownership
    Fractional Ownership: No
    Public Survey Info
    Range#: 10
    Section#: 6
    Township#: 102
    Sale Options
    Sale Includes: Building, Fixture/Equipment, Other
    Unit 1
    No. of 1 Bedroom Units: 5
    Unit 2
    No. of 2 Bedroom Units: 6
    Unit Details
    Total Units: 11
    Property Features
    Accessible: No Stairs Internal
    Air Conditioning: Ductless Mini-Split
    Amenities Shared: Deck
    Amenities Unit: Cable; Ceiling Fan(s); Deck
    Appliances: Microwave; Refrigerator
    Basement: None
    CMU Style: Business Opportunity
    Commercial Kitchen Appliances: Freezer; Prep Station; Shelving and Racks
    Construction Materials: Frame
    Construction Status: Previously Owned
    Current Use: Hotel/Motel
    Exterior: Log Siding
    Flooring: Carpet; Luxury Vinyl Tile
    Fuel: Electric
    Heating: Ductless Mini-Split
    Internet Options: Satellite
    Loan Terms: Cash; Conventional
    Location Description: Free Standing
    Lock Box Type: Supra
    Lot Description: Property Adjoins Public Land
    Miscellaneous Information: Building Sign; Exterior Lighting; Furnished Units
    No. of Ranges: None
    No. of Refrigerators: One Per Unit
    On Site Utilities: Electric Common; Heating Separate
    Owner Pays: All Utilities; Cable TV; Electricity; Insurance; Janitorial Service; Janitorial Service; Lawn; Lawn; Maintenance/Repair; Snow Removal; Taxes; Trash Collection; Water
    Parking Characteristics: Paved Lot
    Patio, Porch and Deck Features: Deck
    Rental License Type: Other
    Road Frontage: City Street; Paved Streets
    Road Responsibility: Public Maintained Road
    Roof: Age 8 Years or Less; Metal; Pitched
    Sewer: City Sewer/Connected
    Shared Rooms: Other
    Stories: One
    Tenant Pays: None
    Topography: Level
    Wall Description: Drywall; Finished; Insulated; Metal
    Water: City Water/Connected
    Window Features: Double Pane Windows; Drapes

    Listing Office: Elcor Realty of Rochester Inc.

    Last Updated: April - 16 - 2024

    112 Center Street NE, Preston, MN 55965 - MLS# 6443004
    The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

    The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

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