$2,150,000

1127 & 1115 N Lakeshore DriveLake City, MN 55041

Type: Commercial

1 Approx. Acres

1985 Year Built

Description

Outstanding opportunity to own a great lodge business. Located in beautiful Lake City. Right on Lake Pepin and the Mississippi River, offering outstanding recreational opportunities for your guest. This gorgeous property has 9 motel units, a beautiful owners suite, plus a large lodge style unit on East end of property. Both the gorgeous owners suit & East of suite could make great units for large groups or families. Both units being chalet A-frame design log structure that blends well with rest of lodge. With these 11 beautiful units and in place office lease, this is an excellent investment.

MLS ID: 6541249

Directions: Just off HWY 61 Lake City

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Property Details

Essential Details

MLS #: 6541249

Listing courtesy of: RE/MAX Results

Price: $2,150,000

Type: Commercial

Contingency: None

Foreclosure: No

Zoning: Business/Commercial

Current Use: Hotel/Motel, Office, Residential

Total Units: 11

Parking Features: Asphalt, Guest Parking, Paved, Unassigned

Other Parking Spaces: 20

Building Details

Owner Occupied: Yes

Construction Materials: Log

AccessibilityFeatures: Doors 36"+, No Stairs Internal, Roll-In Shower

Roof: Age Over 8 Years, Architectural Shingle, Metal

Heating: Baseboard, Boiler, Fireplace(s), Radiant Floor

Cooling: Central Air, Ductless Mini-Split

Style: Office

Year Built: 1985

Foundation Area: 5,232

Amenities - Unit: Balcony, Cable, Panoramic View, Security System, In-Ground Sprinkler

Sewer: City Sewer/Connected

Water Source: City Water/Connected

Number of Ranges: Five

Number of Refrigerators: One Per Unit

Utilities: Heating Common

Lot Details

Complex/Dev/Sub Name: Auditors Sub

Lot Dimensions: 198.10x156.36

Road Frontage: Curbs, Paved Streets, Sidewalks, Street Lights, State Road, Highway

Waterfront Details

Waterfront Present: Yes

Waterfront Number: 25000100

Waterfront Features: Lake Front, Lake View, River View

Lake Acres: 25,215.00

Lake Depth: 60

School Information

District: Lake City

District Number: 813

District Phone: 651-345-2198

Community Information

County: Goodhue

Taxes

Tax Year: 2024

Tax Amount: $22,344

Assessment Pending: No

Taxes w/Assessments: $22,344

This listing was last updated by RE/MAX Results on 9/30/2024 at 11:37 am.

Information is deemed to be reliable, but is not guaranteed. Such information cannot be duplicated or distributed in any manner without the express written consent of the owning association. Data is deemed reliable but not guaranteed.

Records last updated at 10/17/2024 10:45 pm.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity^SM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Castle Realty of Rochester are marked with the Broker Reciprocity^SM logo or the Broker Reciprocity^SM thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

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