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Adaptive Reuse Opportunity 1700 2nd Ave NW 27 Room Hotel Stewartville, MN 55976 For Sale
INVESTMENT HIGHLIGHTS
- Investment opportunity with 27 efficiency units on 1.23 acres featuring 13,194 sf ft.
- This property is ideal for transforming into a group home or rehab facility.
EXECUTIVE SUMMARY
Investment opportunity with 27 efficiency units on 1.23 acres featuring 13,194 sf ft.
With an additional 2BR/2 Bath unit separate living quarter.
This property is ideal for transforming into a group home or rehab facility.
Just 15 minutes from the world-renowned Mayo Clinic and the $5B Destination Medical Center (DMC) project.
This property offers incredible potential in one of Minnesota’s most dynamic medical markets.
New roof, new furniture and new parking lot.
Easy access off US 63 and close to Interstate 90.
With an additional 2BR/2 Bath unit separate living quarter.
This property is ideal for transforming into a group home or rehab facility.
Just 15 minutes from the world-renowned Mayo Clinic and the $5B Destination Medical Center (DMC) project.
This property offers incredible potential in one of Minnesota’s most dynamic medical markets.
New roof, new furniture and new parking lot.
Easy access off US 63 and close to Interstate 90.
PROPERTY FACTS
| Sale Type | Investment | Building Size | 13,194 SF |
| Property Type | Hospitality | No. Rooms | 27 |
| Property Subtype | Hotel | No. Stories | 2 |
| Building Class | C | Year Built | 1985 |
| Lot Size | 1.23 AC | Corridor | Interior |
| Zoning | C | ||
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.23 AC |
| Building Size | 13,194 SF |
| No. Rooms | 27 |
| No. Stories | 2 |
| Year Built | 1985 |
| Corridor | Interior |
| Zoning | C |
AMENITIES
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 27 | $71.00 | - |
1 1
PROPERTY TAXES
| Parcel Number | 54.27.31.073617 | Improvements Assessment | $265,900 |
| Land Assessment | $142,400 | Total Assessment | $408,300 |
PROPERTY TAXES
Parcel Number
54.27.31.073617
Land Assessment
$142,400
Improvements Assessment
$265,900
Total Assessment
$408,300
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Adaptive Reuse Opportunity | 1700 2nd Ave NW
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