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1923 Dover Street, Worthington, MN 56187
MLS# 5658058

$675,000



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Property Description
Great owner-operator Motel, Independently owned 36 room Motel with spacious 3 bedroom living quarters. Located on a highly visible, main road in Worthington MN, easy access to HWY 60 & I-90. Close to restaurants and convenience store. Motel offers continental breakfast, refrigerator, microwave and air conditioning in all rooms plus wireless internet access. This is a great opportunity!

Summary
Directions:  MN-60 W to 1st Ave, Left on 1st Ave.Right on Dover St. Property ID Number:  311412000
Acres:  1.24 Lot Size SqFt:  54014.4
Zip Plus 4:  6145 Original On Market Timestamp:  2020-09-15T16:17:52Z
Total Bathrooms Source:  MLS Status:  Active
Contingency:  None Contingency:  None
Property Type:  Commercial County:  Nobles
ListPrice:  675000 Complex/Dev/Subdivision:  Clifton Add
List Date:  2020-09-14 On-Market Date:  2020-09-15T16:17:52Z
Original List Price:  675000 On-Market Contract Date:  2020-09-15
Current Price:  675000 List Agent Full Name:  Sonali Vora
List Office Mls Id:  8205 List Agent Mls Id:  506016046
List Agent Association:  SPAAR IDX Participant:  Yes
Photos Count:  10 Documents Count:  1
Lot Size Area:  1.24 Lot Size Units:  Acres
Current Price:  675000 Unparsed First Line Address:  1923 Dover Street
Source System ID:  FLEXMLS_NS Originating System ID:  FLEXMLS_NS
Property Type:  Commercial Originating System Listing ID:  5658058
Last Modified:  2020-10-10T00:25:06Z  


None
Allow Auto Valuation: No Allow Consumer Comment: No
MLSID: RMLS  


Contract Information
Availability: Available Owner is an Agent?: No
Auction?: No  


Office/Member Info
Association: SPAAR  


General Property Information
Lot Measurement: Acres Multiple PIDs?: No
Other Parking Spaces: 2 Waterfront Present: No
Year Built: 1979 Yearly/Seasonal: Yearly
Zoning: Business/Commercial Acres: 1.24
Foundation Size: 9535 Garage Stalls: 2
For Sale or Lease: For Sale or Lease Lot Dimensions: 282x219
Assessment Pending: Unknown  


Location, Tax and Other Information
Legal Description: N 95' OF LOT 3, ALL OF LOTS 4 THRU 6, & WEST PART OF CLIFTON AVE ABUTTING LOT 6, BLOCK 6, AND PART OF ALLEY BETWEEN LOT 7 & LOTS 4 THRU 6 BLOCK 6 Map Page: 999
Rental License?: No School District Phone: 507-372-2172
Map Coordinate Source: King's Street Atlas Zip Plus 4: 6145
Property ID Number: 311412000 Tax Year: 2020
In Foreclosure?: No Potential Short Sale?: No
Lender Owned?: No Tax With Assessments: 11734


Directions & Remarks
Copyright Remarks: Yes Public Remarks: Great owner-operator Motel, Independently owned 36 room Motel with spacious 3 bedroom living quarters. Located on a highly visible, main road in Worthington MN, easy access to HWY 60 & I-90. Close to restaurants and convenience store. Motel offers continental breakfast, refrigerator, microwave and air conditioning in all rooms plus wireless internet access. This is a great opportunity!
Directions: MN-60 W to 1st Ave, Left on 1st Ave.Right on Dover St.  


Building Information
Building Finished SqFt: 13942 Building SqFt: 13942


Green Verification
Green Certification: No  


Lease Details
Lease Amount Type: Monthly Lease Expiration Date: 2021-03-02


Miscellaneous Information
FIPS Code: 27105 Homestead Desc: Other


Parking Characteristics
Garage Dimensions: 28x23 Garage Door Height: 7
Garage Door Width: 16  


Structure Information
Sale Includes: Business,Building,Land,Inventory,Fixture/Equipment  


Unit Details
Total Units: 35  


Income and Expenses
Annual Gross Income: 360000  


Unit Information
Unit Num Effic: 2  


Property Features
Accessible: Wheelchair Ramp
Air Conditioning: Wall
Construction Status: Previously Owned
Exterior: Block
Fuel: Electric; Natural Gas
Heating: Forced Air; Hot Water
Parking Characteristics: Attached Garage; Driveway - Asphalt
Sewer: City Sewer/Connected
Water: City Water/Connected
On Site Utilities: Electric Common; Heating Common; Hot Water Common
Current Use: Hotel/Motel
Loan Terms: Cash; Contract for Deed; Contract/Deed w/Assum; Conventional; Lease Purchase



Listing Office: Coldwell Banker Realty

Listing Was Last Updated: October - 10 - 2020

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. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2020 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.