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605 1st Street E

Park Rapids, MN 56470
  • $350,000
  • STATUS: Closed
  • ON SITE: 287 days
  • ID#: 5673024
Sold - 01/29/2021
$350,000
SOLD - 01/29/2021
  • 0
    BEDS
  • 0.34
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,268
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1960
County:
Area:

School Ratings & Info

School District:
Listing courtesy of Wolff & Simon Real Estate.

Description

Park Rapids Investment Opportunity The Rustic Inn offers an abundance of opportunities. Whether you are looking for Short Term or Long Term Rentals, Commercial Lease Potential, or an Owner/Operated Business this properties for you. This property features 12 Units and a Caf, giving you 13 sources of income. Just Minutes from downtown Park Rapids, a Tourism destination location were tourists come to enjoy Hiking, Biking, Fishing, Downtown Shops, Itasca State Park and many other area Attractions. Come enjoy what the Northwoods has to offer. Daily rentals of $69/night; $99/weekend in the winter. Daily rentals of $89-$99/night $119/weekend in the summer. Monthly rentals $750/month.

© 2021 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
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IDX data © 2021 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than The Pietig Properties Group | RE/MAX Lakes Area Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. The Pietig Properties Group | RE/MAX Lakes Area Realty is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of The Pietig Properties Group | RE/MAX Lakes Area Realty, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2021-07-27T00:07:51.927.

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605 1st Street E Park Rapids, MN 56470

  • Price: $399,000
  • Status: Closed
  • ID#: 5673024
0
Beds
0
Baths
0
½ Baths
0.34
Acres
5,268
SQFT
$0
$/SQFT
1960
Built
Neighborhood:
Riverside Add
County:
Hubbard
Area:
Park Rapids
School District:
309 - Park Rapids
Property Description
Park Rapids Investment Opportunity The Rustic Inn offers an abundance of opportunities. Whether you are looking for Short Term or Long Term Rentals, Commercial Lease Potential, or an Owner/Operated Business this properties for you. This property features 12 Units and a Caf, giving you 13 sources of income. Just Minutes from downtown Park Rapids, a Tourism destination location were tourists come to enjoy Hiking, Biking, Fishing, Downtown Shops, Itasca State Park and many other area Attractions. Come enjoy what the Northwoods has to offer. Daily rentals of $69/night; $99/weekend in the winter. Daily rentals of $89-$99/night $119/weekend in the summer. Monthly rentals $750/month.
Exterior Features

Construction Materials Log Siding Foundation Area 5268 Garage Dimensions 0 Lot Size Dimensions 100X140 Parking Features Paved Parking Open 14 Waterfront YN No

Interior Features

Heating Space Heater

Property Features

Accessibility Features None Additional Parcels YN No Contingency None Current Use Hotel/Motel Foreclosure Status No Fuel Natural GasElectric Inclusions BuildingLandFixture/Equipment Lender Owned No Postal City Park Rapids Potential Short Sale No Property Sub Type Business School District Number 309 Sewer City Sewer/Connected Tax Annual Amount 8812 Tax With Assessments 8812.00 Tax Year 2020 Utilities Heating SeparateElectric CommonHot Water Common Water Source City Water/Connected Zoning Description Business/Commercial

© 2021 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
Listing courtesy of Wolff & Simon Real Estate. This home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.


IDX data © 2021 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than The Pietig Properties Group | RE/MAX Lakes Area Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. The Pietig Properties Group | RE/MAX Lakes Area Realty is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of The Pietig Properties Group | RE/MAX Lakes Area Realty, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2021-07-27T00:07:51.927.

Click here for Digital Millennium Copyright Act
 
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The Pietig Properties Group | RE/MAX Lakes Area Realty
24090 Smiley Road
Nisswa MN, 56468
Listing courtesy of Wolff & Simon Real Estate.