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Active
$629,500
/mo Edit
Commercial:  Other
Built 1960
2.7 acres
Waseca schools
MLS# 6562908
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    Property Description

    3 bed home + 5 unit extended stay motel + 2.7 acres + lake views = ENDLESS POSSIBILITIES! Opportunity knocks! Welcome to Lodging at Lake Aire with incredible views of Clear Lake. Thriving business with month to month stays with many regular and seasonal clients. Motel has remodeled rooms and includes 3 efficiency, 2 one bedroom, on site laundry and private patios for each roomā?¦all nestled in a private tree lined setting. The charming main home features curved archways, stacked stone fireplace, updated kitchen & baths, hardwood floors, built in hutches and an oversized heated 2 car garage. Plenty of land to potentially add additional amenities or rentals & includes a 2nd curb cut off Elm Ave. Small investment = BIG rewardsā?¦let the business cover your mortgage. Located in the quaint small town of Waseca near numerous lakes, camping and bike paths. This property is meticulously maintained and ready for operation from day one! Call today for more information!

    Listing

    Contingency: None
    City: Waseca
    County: Waseca
    State: MN
    Property Style: Other
    Zip Code: 56093

    Interior

    Ceiling Height: 8-10
    Ranges: Five
    Refrigerators: Five
    Appliances Included:
    • Cooktop
    • Gas Water Heater
    • Microwave
    • Range
    • Refrigerator
    Basement Details: Crawl Space

    Exterior

    Stories: One
    Garage Spaces: 2
    Garage Dimensions: 26x26
    Garage Size: 676 ft2
    Other Parking Spaces: 10
    Air Conditioning: Wall Unit(s)
    Foundation Size: 1,616 ft2
    Handicap Accessible: No Stairs External, No Stairs Internal
    Road Responsibility: Public Maintained Road
    Heating System:
    • Boiler
    • Hot Water
    Parking Features:
    • Concrete
    • Open
    • Paved
    Shared Amenities: Coin-op Laundry Owned
    Unit Amenities:
    • Panoramic View
    • Patio
    • Security Lights
    Road Frontage:
    • County Road
    • Curbs
    • Paved Streets
    • Sidewalks
    • Storm Sewer
    • Street Lights
    Exterior Material: Wood Siding
    Roof Details: Age 8 Years or Less

    Lake & Waterfront

    Waterfront Present: N
    Waterfront Name: Clear
    Waterfront View: Lake
    DNR Lake ID#: 81001401
    Lake Chain Name: N
    Lake Acres: 648
    Lake Depth: 34
    Waterfront: Lake View

    Lot & Land

    Acres: 2.7
    Geolocation: 44.075687, -93.489644
    Inclusions: Building, Business Assets, Business, Fixture/Equipment, Land, Leases, Rental License
    Lot Dimensions: 263 x 432 x 253 x 475
    Zoning:
    • Business/Commercial
    • Residential-Single Family
    Lot Description: Many Trees

    Farm

    Topography: High Ground

    Schools

    School District: 829
    District Phone: 507-835-2500

    Expenses

    Tenant Expenses: None

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $7,696
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $7,696

    Units

    Total Units: 6

    Miscellaneous

    Current Use: Hotel/Motel
    Fuel System: Natural Gas
    Owner Occupied: Yes
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Common
    • Heating Common
    Water System: City Water/Connected

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    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.