$399,000
1210 3rd Avenue
International Falls, MN 56649
MLS# 5663920



1210 3rd Avenue, International Falls, MN 56649
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Property Description
Well maintained 20-unit Motel with excellent cash flow. This is a solid business opportunity on a high traffic corridor in International Falls located at the gateway to Voyageurs National Park with direct access to nearby Snowmobile/ATV trail. Owners have re-invested in the property with yearly improvements and have maintained a strong repeat customer base. There is even the potential to live on-site. This is a great opportunity to own and operate a profitable business in the north country!

Details
Maps
None
Allow Auto Valuation: Yes
Allow Consumer Comment: No
MLSID: RMLS
Contract Information
Availability: Available
Status: Active
Current Price: $399,000
Original List Price: 399000
Contingency: None
ListPrice: 399000
List Date: 2020-09-23
Owner is an Agent?: No
Auction?: No
Office/Member Info
Association: SPAAR
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 30
Waterfront Present: No
Year Built: 1972
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Foundation Size: 5536
For Sale or Lease: For Sale
Lot Dimensions: 100x200
Assessment Pending: Unknown
Location, Tax and Other Information
Legal Description: PT OF LOT 2 LESS PT DESC IN INST#220699; LOTS 3-5 BLOCK 3 HADLERS ADDITON TO INTERNATIONALS FALLS
Map Page: 999
Rental License?: Yes
School District Phone: 218-283-2571
Map Coordinate Source: King's Street Atlas
House Number: 1210
Street Name: 3rd
Street Suffix: Avenue
Postal City: International Falls
County: Koochiching
State: MN
Zip Code: 56649
Zip Plus 4: 2956
Property ID Number: 9201503020
Complex/Dev/Subdivision: Hadlers Add To International F
Tax Year: 2020
Tax Amount: 4312
In Foreclosure?: No
Potential Short Sale?: No
Assessment Balance: 70
Lender Owned?: No
Tax With Assessments: 4382
Directions & Remarks
Public Remarks: Well maintained 20-unit Motel with excellent cash flow. This is a solid business opportunity on a high traffic corridor in International Falls located at the gateway to Voyageurs National Park with direct access to nearby Snowmobile/ATV trail. Owners have re-invested in the property with yearly improvements and have maintained a strong repeat customer base. There is even the potential to live on-site. This is a great opportunity to own and operate a profitable business in the north country!
Directions: Located at the intersection of Highway 53 and 13th Street
Building Information
Building Finished SqFt: 9359
Green Verification
Green Certification: No
Miscellaneous Information
FIPS Code: 27071
Homestead Desc: Other
Public Survey Info
Range#: 24
Section#: 34
Township#: 71
Structure Information
Sale Includes: Business,Building,Land,Inventory,Fixture/Equipment
Unit Details
Total Units: 20
Property Features
Air Conditioning: Wall
Basement: Partial; Partial Finished; Storage Space
Construction Status: Previously Owned
Current Use: Hotel/Motel
Exterior: Brick/Stone; Wood
Fuel: Natural Gas
Heating: Baseboard; Hot Water
Loan Terms: Cash; Conventional
Location Description: Free Standing
On Site Utilities: Electric Common; Heating Common; Hot Water Common
Parking Characteristics: Paved Lot
Rental License Type: Standard
Road Frontage: Highway
Roof: Metal
Sewer: City Sewer/Connected
Water: City Water/Connected

Listing Office: Move it Real Estate Group/Lake

Last Updated: April - 10 - 2021

1210 3rd Avenue, International Falls, MN 56649 - MLS# 5663920

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. ©2020 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

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