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907 Minnesota AVE Walker, MN 56484
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Key Details
Sold Price $1,840,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Subdivision Parkside Add
MLS Listing ID 6100171
Sold Date 12/27/21
Year Built 1899
Annual Tax Amount $22,056
Tax Year 2021
Contingent None
Lot Size 1.300 Acres
Acres 1.3
Lot Dimensions 250x215x250x250
Property Description
WALKER MN INVESTMENT OPPORTUNITY. The Walker Hotel built in 1990 located in the Legendary City of Walker is being offered for sale with a Cap Rate over 11%. The Hotel is a 36 room, two story property located on Hwy 371. Walker is an outdoor enthusiast's paradise. Every year thousands of people travel to enjoy beautiful Leech Lake, fishing, boating, snowmobiling, biking, hiking, outdoor music festivals, local casinos, downtown shopping & everything in between. The Walker Hotel is situated in the heart of the action just a short walk to downtown, 1000 feet to the lake shore & 500 feet from paved state bike trail & groomed snowmobile trail. The Walker Hotel has been in operation for over 30 years and its best days are just beginning. Make sure to inquire for additional information and check out the pictures, Virtual Tour and Video.
Location
State MN
County Cass
Zoning Business/Commercial
Rooms
Family Room Community Room
Interior
Heating Forced Air
Cooling Wall Unit(s)
Fireplace No
Appliance Microwave, Refrigerator
Exterior
Parking Features Asphalt, Shared Driveway, Paved, Open
Utilities Available None
Roof Type Age Over 8 Years,Asphalt,Pitched
Present Use Hotel/Motel
Building
Lot Description Tree Coverage - Light
Story Two
Foundation 11716
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Brick/Stone,Wood Siding
Schools
School District Walker-Hackensack-Akeley
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