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23688 Forest Road Deerwood, MN $ 1,200,000
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$ 1,200,000 Get more info
23688 Forest Road
$ 1,200,000
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23688 Forest Road

Deerwood, MN, 56444
$ 1,200,000
Baths0.0 Sq 7,380

Monthly Estimate*

$ 8,382

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View a Virtual Tour
Studio

Commercial Property for sale in Deerwood, MN

for $1,200,000. This 7,380 square foot building was built in 1964 on a lot size of 0.17.

Here is a great opportunity to run a successful business in the heart of lakes country. Right near the famed Cuyuna Trails, this 16 unit efficiency is set up and ready to rent. With its self check in and up to date modern rooms, this will be an awesome fit for any business owner or investor. The building also has a 3 bedroom 2 bath living quarters that can be used for rental opportunity or it can be an added bonus for an onsite manager. The building recently went under a full renovation such as plumbing, siding, efficiencies added, TVs, Electrical and much more. Do not miss out on the opportunity to own a business and play in Lakes country.

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Commercial Active

Price

$ 1,200,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 3,034

Style

Lot Size

0.17

Year Built

1964

Town/City

Deerwood

County/Region

Crow Wing

MLS | Web ID

6470244
Features
General
Sewer City Sewer/Connected
Heating Baseboard Boiler Forced Air Radiant
Cooling Wall Unit(s)
Utilities Electric Common Heating Common Hot Water Common
Roof Age 8 Years or Less Asphalt Flat Rubber
Appliances Cooktop Dryer Microwave Refrigerator Washer
Garage Spaces 2
Construction Materials Engineered Wood Other Shake Siding
Year Built 1964
Topography Level
Levels Two
Property SubType Other
Tax Year 2023
Current Use Hotel/Motel
Accessibility Doors 36 +
County Crow Wing
Property Type Commercial Sale
Association Amenities Coin-op Laundry Owned Other Patio
Contingency None
Subdivision Name Deerwood
Possible Use Other Investment Motel/Hotel
Directions head east on
City Deerwood
Buyer Agent Compensation 2.00
High School District Crosby-Ironton
Zoning Description Business/Commercial Residential-Multi-Family
Total Units 17
Street Name Forest
Land Lease Y/N N
Tax Annual Amount 3034
Additional Parcels Y/N N
Virtual Tour https://iframe.videodelivery.net/e53c12690b2c37db5f7320235a628387
Days on Market 34
Standard Status Active
Lender Owned No
Amenities Unit French Doors Main Floor Primary Bedroom Natural Woodwork Tile Floors Unspecified Washer/Dryer Hookup
Buyer Agent Compensation Type %
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Interior
Basement None
Basement (Y/N) N
Street Suffix Road
Ceiling Height 8-10
Fuel Electric Natural Gas
Garage Dimensions 24x26
Garage Door Width 8
Garage Square Feet 624
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Exterior
Parking Features Detached Guest Parking Parking Lot
Lot Features Corner Lot
Water Source City Water/Connected
Inclusions Building Business Assets Business Fixture/Equipment Inventory Land Other
Lot Size Area 0.17
Building Area Total 7380
Lot Dimensions 200x150
Lot Size Units Acres
Foundation Area 5140
Road Frontage Type City Street
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 23688
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* Excluded Features
List By
Realty Group Llc

Broker

reed.franklin20@yahoo.com

Email

Affordability Calculator

$8,635
Per Month
97%
3%
0%
Monthly Principal & Interest
$8,382
Monthly Property Taxes
$253
Monthly 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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
709460 Elementary School
708954 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
12/27/2023$1,200,000 Listed Price

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23688 Forest Road, Deerwood, MN, 56444 is a Commercial Property for sale at $1,200,000 with 7,380 sqft and a lot size of 0.17. 23688 Forest Road is a studio with 0.0 baths and was built in 1964. The property's zip code is 56444 which is in Deerwood, MN

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