520 Highway 10 SE - Hospitality FOR SALE


Saint Cloud, MN 56304
$2,100,000 USD
612-701-6296
520 Highway 10 SE, Saint Cloud, MN for Sale
$2,100,000 USD
Hospitality - FOR SALE
1/10
null | Request Cap Rate

520 Highway 10 SE
Saint Cloud, MN 56304


HIGHLIGHTS

  • 63-room hotel with flexible room mix, including seven suites for extended stays
  • Excellent highway frontage on both Highway 10 and Highway 23
  • Strategic Opportunity Zone location offers potential tax incentives for investors
  • Includes amenities such as an indoor pool, fitness center, hot tub, business center, and event space

OVERVIEW

Located along the highly visible Highway 10/Highway 23 corridor, this well-maintained 63-room hotel offers a compelling investment opportunity in Saint Cloud, Minnesota. The property spans 30,296 square feet across two stories and includes a mix of guest rooms and suites, making it ideal for serving both leisure and business travelers. Recent capital improvements include a new roof in 2021, interior and exterior painting completed in 2022, and a modernized Wi-Fi system, ensuring operational efficiency and guest satisfaction. The property also features attractive amenities such as an indoor pool, hot tub, business center, fitness facility, and meeting/event spaces

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$69 USD /SF

# OF ROOMS

63

PRICE/ROOM

$33,333 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Motel St. Cloud w. 63 Rooms

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1969

PARKING SPACES

60

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

19,998 SF

ZONING

C5

APN/PARCEL ID

17.02414.00,170241400

ASK ABOUT THIS PROPERTY

DJ SikkaRestaurant Brokers of MinnesotaMore Info
612-701-6296

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DJ SikkaRestaurant Brokers of MinnesotaMore Info
612-701-6296

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