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Alexis Peters
(218) 850-1205
Counselor Realty, Inc |
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604 N Main Street , Starbuck, MN 56381
STATUS: Active
PROPERTY TYPE: Commercial - Business
SUBDIVISION: Starbuck City
SCHOOL: Minnewaska
Property Description
RARE TURN-KEY RESORT INVESTMENT: PROFITABLE 22-UNIT MOTEL BLOCKS FROM LAKE MINNEWASKA! Seize this incredible opportunity to own a high-income, 22-unit turn-key motel located in the heart of Starbuck, a premier resort destination. This property provides a consistent stream of revenue, operating at full capacity during the peak summer season, and attracting sportsmen and vacationers year-round and health care providers. The motel units?including 11 suites, 10 doubles, and 1 handicap room?have undergone numerous recent improvements from top to bottom. A spacious, estimated 1600 sq ft Owner's Living Quarters is attached, offering the perfect owner-occupied setup or another potential rental unit. This comfortable, single-family home-style space features four bedrooms, two baths, a family room with a cozy fireplace, an open floor plan with a breakfast bar, and a separate dining area. The location is unbeatable. Lake Minnewaska is just a stone's throw away, and this little gold mine is situated within blocks of the Starbuck Beach. Guests and owners alike will appreciate the superb walkability, with bars, restaurants, and a grocery store all within easy reach. This is a wonderful business opportunity with incredible income potential. The Seller is willing to share financial information (Profit & Loss). Financials are available to prospective buyers who sign a Confidentiality and Non-Disclosure Agreement and provide proof of pre-approval or funds. Don't miss this exceptional chance for a stable, high-performing investment in a coveted resort area!
Property Features
Property Type: Commercial - Business Cooling: Central Air, Ductless Mini-Split, Window Unit(s) Fuel Type: Electric, Natural Gas Garage: 2 Heating: Baseboard, Forced Air Lot Size: 0.52 Acres Roof Type: Asphalt Stories: 2.0 Taxes: $8,432 Year Built: 1988
Feature Descriptions
Appliances: Dishwasher, Dryer, Freezer, Microwave, Range, Refrigerator, Washer
Basement: None
Current Use: Hotel/Motel
Days on Site: 10
Exterior: Frame
Foundation Size: 5592
Handicap Accessible: Doors 36+, Grab Bars In Bathroom, Partially Wheelchair
Lot Dimensions: 150X150
Parcel#: 270279000
Parking: Attached Garage, Covered, Asphalt, Garage Door Opener, Parking Lot, Tuckunder Garage
Road Frontage: City Street, Curbs, Paved Streets, Sidewalks, Highway
Sale Includes: Building, Business Assets, Business, Fixture/Equipment, Land
Sewer: City Sewer/Connected
Shared Rooms: Other
Units: 22
Utilities: Electric Common, Electric Separate, Heating Common, Heating Separate, Hot Water Common, Hot Water Separate
Water: City Water/Connected
Local Schools
School District: Minnewaska
Listed By / Shown By
Agency Name: RE/MAX Results
Agency Phone: 320-762-5544
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604 N Main Street | MLS# 7061425
This commercial property located at 604 N Main Street , Starbuck, MN 56381 is currently listed for sale with an asking price of $774,900. N Main Street is located within the Minnewaska school district. Search Starbuck real estate on apeters.counselorrealty.com today.