Park Rapids, MN 56470,1020 1st ST E
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Park Rapids, MN 56470,1020 1st ST E
Park Rapids, MN 56470,1020 1st ST E
Park Rapids, MN 56470,1020 1st ST E
Park Rapids, MN 56470,1020 1st ST E

$2,832,500

Est. payment /mo

$1

283249900.0%
Est.Price: ?

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1020 1st ST E Park Rapids, MN 56470

1.95 Acres Lot

SOLD DATE : 05/23/2023

Key Details

Sold Price $2,832,500

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Subdivision Eastwood First Add

MLS Listing ID 6333238

Sold Date 05/23/23

Year Built 1979

Annual Tax Amount $52,322

Tax Year 2022

Contingent None

Lot Size 1.950 Acres

Acres 1.95

Lot Dimensions 194x481x194x431

Property Description

The Super 8 Motel, offers 62 rooms and has been a mainstay business in the Park Rapids Area with over 42 years of success, with proven financial stability, nationwide franchise exposure and name recognition.
Park Rapids a destination hub for avid summer and winter enthusiasts alike, including fisherman, ice fisherman, hikers, bikers, ATV Riders, Off-Road Vehicle operators, and Snowmobilers. This property is an auction.

Location

State MN

County Hubbard

Zoning Business/Commercial

Interior

Heating Boiler, Other

Fireplace No

Exterior

Parking Features Guest Parking, Parking Lot

Utilities Available Electric Common

Present Use Hotel/Motel

Building

Foundation 13072

Sewer City Sewer - In Street

Water City Water/Connected

Structure Type Vinyl Siding

Schools

School District Park Rapids

Others

Special Listing Condition Auction

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Listed by Brian Halik • Wolff & Simon Real Estate

Eli Johnson

Advisor | License ID: 40157548

+1(651) 357-2536

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