a Berkshire Hathaway affiliate

$399,000

112 Center Street NE, Preston, MN 55965


112 Center Street NE Preston, MN 55965

For Sale MLS# 6030148

6,820 sq ft Commercial

Data current as of {{getLocalTime('2021-07-30T17:47:53Z')}}

Details

for 112 Center Street NE

MLS# 6030148

Description for 112 Center Street NE, Preston, MN, 55965


This beautiful inn is located on the Root River Bike Trail System. It is the perfect place for anyone looking for an outdoor get away! There is laundry on site as well as a lobby area where they sell ice cream and snacks! Many people come into this region for the beautiful sights, bike trails, trout fishing, and more! This property has great amenities to make sure every guest is happy. This would be a great investment opportunity with a strong customer base already established. For more information inquire today!

Listing Information


Property Type: Commercial, Other

Status: Active

Lot Size: 0.30 Acres

Square Feet: 6,820 sq ft

Year Built: 2000

Foundation: 6,820 sq ft

Garage: No

Stories:

Construction:

Property Attached: No

Date Available:

Model Home:

Development:

Completion date:

Subdivision: Barbara Kaerchers Add

Builder:

Foundation:

Total Units: 11

Current Use: Hotel/Motel

Background Check: No

Furnished:

Smoking Permitted: No

In Foreclosure: No

Lender Owned: No

Potential Short Sale: No

Auction: No

County: Fillmore

Days On Market: 8

HERS Score:

Construction Status: Previously Owned

School Information


District: 2198 - Fillmore Central

Elementary:

Middle:

High:

Interior Features


Square Footage above:

Square Footage below:

Flooring:

Accessibility: Partially Wheelchair

Additional Interior Features:

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Available Utilities: Heating Common,Electric Common,Hot Water Common

Other Utilities:

Cooling: Ductless Mini-Split

Heating: Ductless Mini-Split, Natural Gas

Exterior / Lot Features


Parking Spaces: 0

Parking Description: Paved Lot

Exterior: Wood

Roof: Metal

Lot View:

Lot Dimensions: 30x400

Farm Type:

Crop Type:

Zoning: Business/Commercial

Additional Exterior/Lot Features:

Soil Type:

Tillable Acres:

Community Features


Complex Features: Deck

Pets Allowed: No

Association Name:

Driving Directions


Located off of Highway 52 next to the fair ground in Preston.

Financial Considerations


Other Deposit Fees:

Covenants/Deed Restrictions:

Terms:

Tenant Pays:

Owner Pays:

Annual Income: $175,563

Annual Expense: $126,150

Ownership Type:

Tax/Property ID: 170263000

Tax Amount: $3,454

Tax Year: 2020

HomeStead Description: Non-Homesteaded

Price Changes


$399,000 Original Price
$399,000 Current Price
+$0 Total Change
Date Price Change
7/22/2021 03:07 PM $399,000

Sales History

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Tax Summary

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Schools nearby 112 Center Street NE

Schools in attendance boundaries Grades Distance SchoolDigger® Rating i
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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

SchoolDigger® Rating

The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.

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Status Definitions

For sale: Properties which are available for showings and purchase

Active contingent: Properties which are available for showing but are under contract with another buyer

Pending: Properties which are under contract with a buyer and are no longer available for showings

Sold: Properties on which the sale has closed.

Coming soon: Properties which will be on the market soon and are not available for showings.

Contingent and Pending statuses may not be available for all listings