WALKER, MN HOTEL OPPORTUNITY. Located in charming Walker, Minnesota, this established, fully operational 2-story hotel features 11,716 finished sq. ft. & is located on the “main” street in a very high traffic location & close to many bars, restaurants & local retail shops. This independently owned 35-room hotel features spacious, remodeled rooms & also includes a remodeled apartment for the manager/owner's quarters. This highly visible building is a fantastic opportunity to be an owner-operator or simply a profitable investment property with a 3-year average cap rate of 13%. Walker is a thriving YEAR-ROUND tourist destination located in the heart of the Northern Lakes Area. Guests will enjoy hunting, boating, snowmobiling, ice fishing, tournament fishing, local gaming, many area festivals & events, and so much more. The building has a rare 250' of exposure on Highway 200/371 with ample parking for boats, trailers & more! Come be a part of the winning business community in Walker!
|Road Frontage:||City Street,Paved Streets|
|SqFt Finished:||1.300 ac|
|Taxes with Assessments:||$23,608|
Additional FeaturesExterior: Wood Siding, Brick/Stone
Affinity Real Estate Inc.
600 Park Avenue South / PO Box 512
Park Rapids, MN 56470
Disclaimer: All real estate information contained herein is provided by sources deemed to be reliable.
We have no reason to doubt its accuracy but we do not guarantee it. All information should be verified.
22.214.171.124 | 126.96.36.199
Walker MN : Commercial : 1.300 ac . WALKER, MN HOTEL OPPORTUNITY. Located in charming Walker, Minnesota, this established, fully operational 2-story hotel features 11,716 finished sq. ft. & is located on the “main” street in a very . . .