Affinity Real Estate Inc
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MLS 5631286

Walker : Commercial : 1.300 ac

MLS 5631286 : Active

MLS 5631286
Walker MN 56484


$1,200,000


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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!


Additional Details

County: Cass
Acres: 1.300
Lot Dimensions: 250x215x250x250
Road Frontage: City Street,Paved Streets
SqFt Finished: 1.300 ac
Taxes: $23,108
Taxes with Assessments: $23,608
Tax Year: 2020


Additional Features

Exterior: Wood Siding, Brick/Stone
Fuel: Electric
Heat: Forced Air
Cooling: Wall Unit(s)
Water: City Water/Connected
Roof: Asphalt, Pitched, Age Over 8 Years
Lot Description: Tree Coverage - Light



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Listed By : Bill Hansen Realty/Walker
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. Real estate listings held by brokerage firms other than Affinity Real Estate Inc. are marked with the Broker Reciprocity (sm) logo or the Broker Reciprocity (sm) thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal.
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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 . . .