1180 W Frontage Rd - Hospitality FOR SALE


Owatonna, MN 55060
$900,000 USD
507-451-0776
1180 W Frontage Rd, Owatonna, MN for Sale
$900,000 USD
Hospitality - FOR SALE
1/8
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1180 W Frontage Rd
Owatonna, MN 55060


HIGHLIGHTS

  • liquor store included
  • Owner Suite

OVERVIEW

Acquire a fully operational, 30-room independent motel with live-in owner’s suite and a proven liquor retail business, all at a price point well below replacement cost — a rare find in today’s hospitality market.

FOR SALE DETAILS

PRICE

$900,000 USD

PRICE/SF

$77 USD /SF

# OF ROOMS

30

PRICE/ROOM

$30,000 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Best Budget Inn Owatonna

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1956

PARKING SPACES

29

LAND DETAILS

LAND ACRES

0.85 AC

LAND SF

37,026 SF

ZONING

B3

APN/PARCEL ID

17-396-0103

ASK ABOUT THIS PROPERTY

Shrina PatelShriana LLCMore Info
507-451-0776

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Shrina PatelShriana LLCMore Info
507-451-0776

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.