809 E Cedar Street Houston, MN ^$ 580,000

809 E Cedar Street

^$ 580,000

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809 E Cedar Street

Houston, MN, 55943

^$ 580,000

Studio Baths0.0 Sq 8,648

Monthly Estimate*

^$ 4,051

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Studio

Commercial Property for sale in Houston, MN

for $580,000. This 8,648 square foot building was built in 2005 on a lot size of 0.72.

Amazing business opportunity in our very own Driftless Region! Highly visible motel is turnkey and ready for you to operate. Laid out optimally for customer enjoyment and employee efficiency. The motel has 10 rooms - 6 with 2 queen size beds and 4 with king beds and jacuzzi tubs. Bonus - Four 1 bedroom apartments are open for more income. This motel is so cozy and very well maintained. Rave reviews are common. Green space in the back for guests and there is ample parking. See supplement for more details. If you are looking for the perfect property to add to your portfolio, or as a way to be your own boss, look no further!

Commercial Pending

Price

^$ 580,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 7,878

Style

Resort

Lot Size

0.72

Year Built

2005

Town/City

Houston

County/Region

Houston

MLS | Web ID

6315774

Features

General

Sewer City Sewer/Connected

Heating Baseboard Forced Air

Cooling Wall Unit(s)

Utilities Electric Common Heating Common Hot Water Common

Roof Asphalt Pitched

Appliances Range Refrigerator

Garage Spaces 0

Construction Materials Wood Siding

Year Built 2005

Levels Two

Property SubType Resort

Tax Year 2022

Current Use Hotel/Motel

Accessibility Fully Wheelchair Other

County Houston

Property Type Commercial Sale

Association Amenities Coin-op Laundry Owned Deck Patio

Contingency None

Directions Highway 16 to Houston north on Cedar Street. The property faces Highway 16.

City Houston

Buyer Agent Compensation 2.00

High School District Houston

Zoning Description Business/Commercial

Total Units 14

Street Name Cedar

Land Lease Y/N N

Tax Annual Amount 7878

Additional Parcels Y/N N

Days on Market 445

Standard Status Pending

Lender Owned No

Amenities Unit Deck Natural Woodwork Patio

Buyer Agent Compensation Type %

Interior

Basement None

Basement (Y/N) N

Street Suffix Street

Foundation Dimensions 8648

Fuel Electric Natural Gas

Exterior

Parking Features Gravel

Lot Features Tree Coverage - Light

Water Source Well

Inclusions Building Business Fixture/Equipment Land Other

Lot Size Area 0.72

Building Area Total 8648

Lot Dimensions 140x225

Lot Size Units Acres

Foundation Area 8648

Road Frontage Type City Street

Internal Only

Street Number 1 809

* Excluded Features

List By

Keller Williams Premier Realty

Broker

kellymeyer@kw.com

Affordability Calculator

$4,708

Per Month

Monthly Principal & Interest: $4,051
Monthly Property Taxes: $657
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Houston, MN

Average List Price ^$580,000

Percent of Sale Price 0%

About Houston, MN

789 Population

-4% Since 2002

^$55,427 Median Income

45.28 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3048320 Elementary School

3048323 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/8/2023	$580,000		Listed Price

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809 E Cedar Street, Houston, MN, 55943 is a Commercial Property for sale at $580,000 with 8,648 sqft and a lot size of 0.72. 809 E Cedar Street is a studio with 0.0 baths and was built in 2005. The property's zip code is 55943 which is in Houston, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/26/2024.

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809 E Cedar Street

Commercial Property for sale in Houston, MN

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