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605 US Highway 75 Lake Benton, MN $ 155,000
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$ 155,000 Get more info
605 US Highway 75
$ 155,000
Back to search
Share Save

605 US Highway 75

Lake Benton, MN, 56149
$ 155,000
Baths0.0 Sq 3,582

Monthly Estimate*

$ 1,083

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Studio

Commercial Property for sale in Lake Benton, MN

for $155,000. This 3,582 square foot building was built in 1920 on a lot size of 0.41.

The rolling bluffs of the Buffalo Ridge are the setting for income producing opportunities. Located at the junction of HWY 14 and 75, overlooking the shores of Lake Benton and near the entrance to Hole in the Mountain County Park, you will find all of your outdoor recreation needs at your fingertips. This eight room motel has been recently renovated. In addition to the motel, there is also a detached four bedroom home, two RV hook-ups, and plenty of parking. This property is the ideal set-up for someone wanting to capitalize on vacation rental platforms. Don’t let this business adventure pass you by, contact us today.

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Commercial Active

Price

$ 155,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 4,596

Style

Lot Size

0.41

Year Built

1920

Town/City

Lake Benton

County/Region

Lincoln

MLS | Web ID

6474262
Features
General
Sewer City Sewer - In Street
Heating Baseboard Forced Air
Cooling Wall Unit(s) Window Unit(s)
Utilities Heating Common
Roof Age Over 8 Years Asphalt Metal
Appliances Microwave Range Refrigerator
Garage Spaces 1
Construction Materials Vinyl Siding Wood Siding
Year Built 1920
Tenant Pays None
View East
Levels Two
Tax Year 2023
Current Use Hotel/Motel Office Residential
Waterfront Features Lake View
Accessibility Other Partially Wheelchair
County Lincoln
Property Type Commercial Sale
Contingency None
Subdivision Name Lake Benton
Possible Use Other Motel/Hotel
Directions Go north out of Lake Benton on Hwy. 75 and the motel will be on the West side of road.
City Lake Benton
Buyer Agent Compensation 2.00
Body of Water Benton
High School District Lake Benton
Zoning Description Business/Commercial Lot
Total Units 10
Waterfront Y/N N
Street Name US Highway 75
Land Lease Y/N N
Tax Annual Amount 4596
Additional Parcels Y/N N
Days on Market 87
Standard Status Active
Lender Owned No
Buyer Agent Compensation Type %
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Interior
Basement Partial Concrete
Basement (Y/N) Y
Ceiling Height 8-10
Foundation Dimensions 25x38
Fuel Electric Natural Gas
Garage Dimensions 16x16
Garage Door Width 7
Garage Square Feet 256
Lake Acres 2699
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Exterior
Parking Features Detached Parking Lot
Water Source City Water/Connected
Inclusions Building Business Assets Business Fixture/Equipment Inventory Land Other
Lot Size Area 0.41
Building Area Total 3582
Lot Dimensions 115 x 215
Lot Size Units Acres
Foundation Area 974
Road Frontage Type City Street
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 605
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* Excluded Features
List By
Edina Realty, Inc.

Broker

jeffcarpenter@edinarealty.com

Email

Affordability Calculator

$1,466
Per Month
74%
26%
0%
Monthly Principal & Interest
$1,083
Monthly Property Taxes
$383
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
3048331 Elementary School
3048840 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/3/2024$155,000 -3.13% Price Down
1/9/2024$160,000 Listed Price

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605 US Highway 75, Lake Benton, MN, 56149 is a Commercial Property for sale at $155,000 with 3,582 sqft and a lot size of 0.41. 605 US Highway 75 is a studio with 0.0 baths and was built in 1920. The property's zip code is 56149 which is in Lake Benton, MN

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