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Sporting Goods Portfolio Sale 2 Retail Properties Offered at $11,000,000 in Multiple Locations
Investment Highlights
- Two-property hospitality portfolio located in central Minnesota.
- Established lodging assets with existing operating history and market presence.
- Strategic locations in Maple Lake and Spicer, communities known for their lake-oriented recreation
- Convenient access to regional highways, local attractions, restaurants, and outdoor recreational amenities.
Executive Summary
A private investor acquired a two-property Minnesota portfolio consisting of hospitality assets located at 607 Highway 55 E in Maple Lake and 120 Lake Ave S in Spicer for a reported sale price of $11,000,000. The transaction included two established lodging properties positioned in well-known recreational and tourism-driven markets, offering exposure to both leisure and regional business travel demand.
Property Facts
| Price | $11,000,000 | Number of Properties | 2 |
| Price / SF | $376.71 / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 29,200 SF |
| Status | Active | Total Land Area | 3.38 AC |
| Price | $11,000,000 |
| Price / SF | $376.71 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 29,200 SF |
| Total Land Area | 3.38 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
H&H Sports Shop
607 Highway 55 E, Maple Lake, MN 55358 |
Retail | 8,200 SF | 1962 | - |
| 120 Lake Ave S, Spicer, MN 56288 | Retail | 21,000 SF | 1954 | - |
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Sporting Goods Portfolio Sale