$131,000
Warren, MN 56762
MLS# 6701451
1 / 27
Property Description
Looking for a great investment opportunity?!? Picture walking up to your classic style motel in a quaint town close to many attractions. Whether you want to take a dip in the towns municipal pool, 9 whole golf course, county fair, mini golf, all the parks, or maybe you want a retreat for snowmobiling. This is a great spot. This motel has its own apartment with full kitchen, bathroom, and bedroom making it an easy stay for management or yourself. Not to mention your own garage. With 12 other rooms all including tv, refrigerator, microwave, bathroom, and 1-3 beds there is plenty of rooms to start your income stream. Hurry now while the reservations roll in for summer and start your new business!
Details
Maps
Contract Information
Status: Active
Current Price: $131,000
Contingency: None
ListPrice: 131000
List Date: 2025-04-11
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: Yes
Owner Occupied: Yes
Year Built: 1954
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Foundation Size: 5391
Garage Stalls: 1
For Sale or Lease: For Sale
Acres: 0.31
Lot Dimensions: 141'x152' & 141' x 97 '
Assessment Pending: Unknown
Location Tax and Other Information
House Number: 107
Street Direction Prefix: E
Street Name: Eau Claire
Street Suffix: Avenue
Postal City: Warren
County: Marshall
State: MN
Zip Code: 56762
Complex/Dev/Subdivision: Warren Original
Additional Parcels Information
Property ID #2: 590270000
Property ID #3: 590271000
Assessments
Tax With Assessments: 1402
Basement
Foundation Dimensions: 129'x26' & 97'x21'
Building Information
Building Finished SqFt: 5391
Building SqFt: 5391
Income and Expenses
Annual Electric Expense: 174
Annual Fuel Expense: 174
Annual Gross Expenses: 19986
Annual Gross Income: 70000
Annual Insurance Expense: 2861
Annual Net Income: 50454
Annual Trash Expense: 174
Annual Water/Sewer Expense: 174
Total Annual Expenses: 19986
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: Yes
Ownership
Fractional Ownership: No
Sale Options
Sale Includes: Building, Business Assets, Fixture/Equipment
Unit 1
No. of 1 Bedroom Units: 6
Unit 2
No. of 2 Bedroom Units: 5
Unit 3
No. of 3 Bedroom Units: 1
Unit Details
Total Units: 2
Unit Information
No. of Efficiency Units: 12
Property Features
Accessible: No Stairs External; No Stairs Internal
Air Conditioning: Wall
Amenities Shared: None
Amenities Unit: Cable; Porch
Appliances: Microwave; Refrigerator
Basement: None
CMU Style: Business Opportunity
Construction Status: Previously Owned
Current Use: Hotel/Motel
Exterior: Wood
Fencing: None
Flooring: Carpet; Tile
Fuel: Natural Gas
Heating: Baseboard; Forced Air
Internet Options: Cable
Loan Terms: Cash; Conventional
Lock Box Type: None
Miscellaneous Information: Furnished Units
On Site Utilities: Electric Separate; Hot Water Common
Owner Pays: All Utilities; Electricity; Gas; Insurance; Lawn; Lawn; Maintenance/Repair
Parking Characteristics: Parking Lot; Attached Garage; Paved Lot
Pool Description: None
Potential Use: Income
Rent Rate per Foot: Other
Road Frontage: City Street
Road Responsibility: Public Maintained Road
Roof: Asphalt Shingles
Sewer: City Sewer/Connected
Tenant Pays: None
Water: City Water/Connected
Listing Office: Jack Chivers Realty
Last Updated: May - 16 - 2025
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.