$599,000
1515 N Lakeshore Drive
Lake City, MN 55041
MLS# 4077239



Hwy 63 view of hotel and home included in sale
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Hwy 63 view of hotel and home included in sale Hwy view from South of property South view 2 1515 N Lakeshore Drive, Lake City, MN 55041 Aerial Aerial 2 Aerial 3 1515 N Lakeshore Drive, Lake City, MN 55041 View of home on property from Pepin Street Viewing North from Pepin Street Viewing North from Pepin Street 1515 N Lakeshore Drive, Lake City, MN 55041 Downriver View from Hwy 61/63 1515 N Lakeshore Drive, Lake City, MN 55041

Property Description
Sale consists of 2 PIDs: Motel PID 541000560 as indicated in the listing and house PID 541000570. This is a prime location which includes the hotel business which has a long history of serving Lake City travelers, sportsman and visitors. Building with hotel office has two apartments, managers quarters, laundry and storage area. Buyers agent to confirm measurements. Property sold ''as-is''.

Details
Maps
None
Current Price: $599,000
Contract Information
MLS Code: 5035 - SEMN
List Price: $599,000
Owner is Agent: No
In Foreclosure: No
Potential Short Sale: No
Lender Owned: No
Auction: No
General Property Information
Current Business Nme: Sunset Motel
# of Units: 27
Finished Above Grade: 8895
Foundation Size: 6665
For Sale/Lease: For Sale
Waterfront: No
Waterfront Name: None
Approx Nbr of Acres: 0.9
Aprox Lot Dimensions: 141 x 280
Location, Tax and Other Information
House Number: 1515
Street Dir Pfx: N
Street: Lakeshore
Street Abbreviation: Drive
Postal City: Lake City
County: Goodhue
State/Province: MN
Zip Code: 55041
Zip + 4: 9022
Legal Description: AUDITORS SUBD DOC#573856 LOTS 4 9 & 10 BLK 8 & SELY 9FT OF LOTS 3 & 8 PT VAC ALLEY ID# 4-0100-07200
Parcel Number: 541000560
Tax Classification: Commercial
Tax Year: 2016
Tax Amount: 12456
Assessments: No
Taxes w/Assessments: 12456
School District: Lake City #813
Directions & Remarks
Directions: Take Hwy 63 North from Downtown Lake City approximately 15 blocks. Property is on the left.
Status Change Info
Status: Active
Currently Not Used
Geo Lat: 44.460279
Geo Lon: -92.282901
Square Footage
Main Floor SqFt: 7300
SqFt 2nd Level: 4900
SqFt Down: 2300
Total SqFt: 14500
Property Features
Air Conditioning: Central; Wall; Window
Heat: Baseboard; Forced Air; Space/Wall Heater
Fuel: Electric; Natural Gas
Current Use: Hotel/Motel
Exterior: Vinyl; Wood
Roof: Asphalt Shingles
Parking Charcterstcs: Detached Garage; Driveway - Asphalt; Driveway - Concrete; Driveway - Shared; Shared Parking
Road Frontage: City Street; US Highway
Sale Includes: Building; Business; Business Assets; Land
Terms: Cash; Conventional
Supplements
Property includes F, F & E to be verified by Buyers agent. Real estate taxes for house ($2,408.00) are not included in the $10,048.00 real taxes shown in the listing information.

Listing Office: Shaymar, Inc

Last Updated: October - 19 - 2017

All the listing data contained in this site is the copyrighted and confidential material of the Southeast Minnesota Association of REALTORS MLS. Such information cannot be duplicated or distributed in any manner without the express written consent of the owning association. Site contains live data. Data is deemed reliable but not guaranteed.

Friday 23rd of February 2018 02:47 AM