815-543-9448
2211 London Rd, Duluth, MN for Sale
Hospitality - FOR SALE
1/19
null | Request Cap Rate

2211 London Rd
Duluth, MN 55812
Congdon


HIGHLIGHTS

  • 64 rooms, 3 stories, built in 1969
  • Interstate Access Near Lake Superior! Conveniently located off Interstate 35, Two Blocks from The Lakewalk & Lake Superior!
  • June T12 2026: $1.5M in RR and over $400K in NOI; 55.7% Occupancy @ $113 ADR ($63 RevPAR); RevPAR Index of 83.7% (5 of 7), Room for Improvement!
  • PIP already Issued by Wyndham: 15 Year-Term is expected, Strong In-Place performance (unrenovated), Selling Unencumbered by Management
  • Less than 6 miles to Superior, WI, Less than 2.5 hours from Minneapolis-St. Paul & Eau Claire, 3.5 hours from Thunder Bay & Wausau
  • Convenient Airport Access - Less than 7 miles from Duluth International Airport (DLH), and 10 miles from Richard I. Bong Memorial Airport (Superior)

OVERVIEW

Situated along the shores of Lake Superior just outside downtown Duluth, the hotel offers convenient access to the area’s restaurants, shops, entertainment venues, and recreational amenities. On behalf of ownership, CBRE is pleased to be the exclusive agent for the sale of the fee-simple interest in the Days Inn by Wyndham Lakewalk Duluth in Duluth, Minnesota (“Days Inn”, “Hotel”, or “Property”). The Days Inn is strategically located near the intersection of Interstate 35 and US Highway 61, which carries a combined AADT of nearly 35,000 vehicles. Situated along the shores of Lake Superior just outside downtown Duluth, the hotel offers convenient access to the area’s restaurants, shops, entertainment venues, and recreational amenities. Guests are also within walking distance of the Duluth Lakewalk, a nearly eight-mile waterfront trail connecting Canal Park and Brighton Beach and providing some of the region’s most scenic views. The Property is further supported by a diverse mix of corporate, leisure, group, medical, and university-related demand generators. Major nearby employers and institutions include Essentia Health, Aspirus St. Luke’s Hospital, the University of Minnesota Duluth, Cirrus Aircraft, Minnesota Power, ME Elecmetal, Altec Industries, among others. The hotel is also located less than 7 miles from Duluth International Airport (DLH), home to the Cirrus Aircraft headquarters campus, known as the world’s largest producer of piston-powered aircraft. Furthermore, the recently completed $900 million Essentia Health Vision Northland redevelopment in 2023 introduced a state-of-the-art St. Mary’s Medical Center in downtown Duluth. As the largest private investment in the city’s history, the project has enhanced regional healthcare services while contributing to the ongoing revitalization of downtown Duluth, supporting hospitality demand from patient and family lodging, as well as medical professional staff travel throughout the year. Duluth proper has a population of almost 90,000 people and a metropolitan statistical area population (MSA) of more than 280,000, making it the largest city on Lake Superior. According to the Duluth Area Chamber of Commerce, tourism is one of Duluth’s largest industries, with 6.7 million annual visitors generating well over $780 million in direct economic impact each year. Duluth has a thriving arts and entertainment scene, offering everything from art museums and performance venues to community and college theater productions. The city also hosts a variety of festivals throughout the year that attract both residents and visitors. Popular attractions such as the Lake Superior Maritime Visitor Center, Glensheen Mansion, and the Great Lakes Aquarium rank among Minnesota’s most visited destinations. Additionally, the Duluth Entertainment Convention Center (DECC), located less than 3 miles from the Days Inn, is the largest convention and event venue in Duluth, with over 250,000 sq. ft. of event space, and is the region’s top destination for conventions, trade shows, sporting events, and concerts that draw thousands of visitors each year, creating lodging demand for hotels in the area. Furthermore, Duluth is an international shipping destination and home to the Port of Duluth-Superior, one of the largest and busiest inland ports in North America. The city is also known for its iconic Aerial Lift Bridge and is recognized as the world’s farthest inland freshwater seaport. The port serves as a major driver of regional commerce, shipping, and industrial activity. Duluth also benefits from strong leisure travel demand due to its abundance of outdoor recreation opportunities, which include boating, hiking, kayaking, biking, fishing, snowmobiling, cross-country skiing, ice fishing, among others. This makes the Days Inn well-positioned to capture business from all the above-mentioned demand drivers, given its strategic waterfront location and proximity to many of the area’s most popular attractions and recreational amenities.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF ROOMS

64

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Days Inn by Wyndham Duluth Lakewalk

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1969

PARKING SPACES

63

LAND DETAILS

LAND ACRES

1.4 AC

LAND SF

61,032 SF

ZONING

C

APN/PARCEL ID

010146002230

ASK ABOUT THIS PROPERTY

Scott MillerCBRE, Inc.More Info
815-543-9448

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

Scott MillerCBRE, Inc.More Info
815-543-9448

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