$425,000

112 Center Street NE, Preston, MN 55965

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$425,000

112 Center Street NE Preston, MN 55965

For Sale MLS# 6443004

5,765 sq ftCommercial

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Data current as of 22/04/2024 21:50:26

Details for 112 Center Street NE

MLS# 6443004

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


Opportunity Awaits! Trailhead Inn is open year-round and is located in the heart of Preston along the state bike trail, near the Root River. Offering a total of 11 modern rooms with 6 standard double queen, 4 standard single queen and 1 King jacuzzi suite. Onsite ice cream, snack, coffee shop for added income and a place to gather. Nice clean and updated rooms with excellent parking out the front door. Guests come to enjoy the beautiful outdoors, biking, fishing, canoeing, hiking, kayaking and golfing. A great place for people to stay when in town for a wedding or visiting a loved one at the VA Hospital. The same owners have successfully run the business since 1995. Great opportunity to own an established turn-key and profitable business!

Listing Information


Property Type: Commercial, Business Opportunity

Status: Active

Lot Size: 0.34 Acres

Square Feet: 5,765 sq ft

Year Built: 2000

Foundation: 6,056 sq ft

Stories: 1 Story

Subdivision: Barbara Kaerchers Add

Number Of Units Total: 11

Current Use: Hotel/Motel

County: Fillmore

Days On Market: 202

Construction Status: Previously Owned

School Information


District: 2198 - Fillmore Central

Interior Features


Appliances: Microwave, Refrigerator

Flooring: Carpet

Doors/Windows: Double Pane Windows, Drapes

Accessibility: No Stairs Internal

Additional Interior Features: Ceiling Fan(s), Furnished Units, Cable

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Other Utilities: Electric Common,Heating Separate

Cooling: Ductless Mini-Split

Heating: Ductless Mini-Split, Electric

Exterior / Lot Features


Parking Description: Paved Lot

Exterior: Log Siding

Roof: Pitched, Metal, Age 8 Years or Less

Lot Dimensions: 62.5x240

Zoning: Business/Commercial

Topography: Level

Additional Exterior/Lot Features: Deck, Property Adjoins Public Land, Land Inclusions - Building,Fixture/Equipment,Other, Road Frontage - City, Paved Streets

Community Features


Community Features: Other

Driving Directions


Hwy 52 to Preston; South on St. Paul Street (CR 17) turns into St. Anthony Avenue; East on Fillmore Street (Cr 12) to Trailhead Inn.

Financial Considerations


Tenant Pays: None

Owner Pays: Cable T.V.,Electric,Insurance,Janitorial,Lawn,Maintenance/Repair,Snow,Taxes,Trash,Water/Sewer

Tax/Property ID: 170263000

Tax Amount: 5088

Tax Year: 2024

HomeStead Description: Non-Homesteaded

Buyer Broker Compensation: 2.50%

Facilitator Compensation: 1.50%

Price Changes


$425,000 Original Price
$425,000 Current Price
$0Total Change
Date Price Change
10/03/2023 03.05 PM $425,000
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The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

Sales History

Date Price Change
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
Currently not available.

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Schools nearby 112 Center Street NE

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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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