1020 E 1st St | Park Rapids, MN 56470
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- LoopNet Team
1020 E 1st St
Park Rapids, MN 56470
Super 8 - Park Rapids MN · Hospitality Property For Sale
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28,255 SF
INVESTMENT HIGHLIGHTS
- 1020 E 1st Street is a Super 8 branded hotel in Park Rapids Minnesota that possesses 28,255 SF and 62 guest rooms.
- Fantastic investment opportunity to acquire a well established hospitality brand that has been a mainstay business in the community.
- Located within an opportunity zone, providing any new owner the opportunity to capitalize on property tax incentives.
- Prime location to capture outdoor enthusiasts with unparrelled access to trails, lakes, rivers and more.
- Great location within a prominent Park Rapids retail strip alongside other hotel brands and retail spots such as Walmart and Dollar Tree.
- Just 20 minutes from Itasca State Park that is a huge draw with over 500,000 visitors annually.
PROPERTY FACTS
| Sale Condition | Auction Sale | Building Size | 28,255 SF |
| Type of Ownership | Fee Simple | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 1978 |
| Property Subtype | Hotel | Corridor | Interior |
| Building Class | C | Parcel Number | 32.25.00300 |
| Lot Size | 1.95 AC | ||
| Zoning | Commercial | ||
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.95 AC |
| Building Size | 28,255 SF |
| No. Stories | 2 |
| Year Built | 1978 |
| Corridor | Interior |
| Zoning | Commercial |
| Parcel Number | 32.25.00300 |
AMENITIES
- Business Center
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
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