$399,000
605 1st Street E,
Park Rapids MN, 56470
Description
Park Rapids Investment OpportunityThe Rustic Inn offers an abundance of opportunities. Whether you are looking for Short Term or Long Term Rentals, Commercial Lease Potential, or an Owner/Operated Business this properties for you. This property features 12 Units and a Caf, giving you 13 sources of income. Just Minutes from downtown Park Rapids, a Tourism destination location were tourists come to enjoy Hiking, Biking, Fishing, Downtown Shops, Itasca State Park and many other area Attractions. Come enjoy what the Northwoods has to offer. Daily rentals of $69/night; $99/weekend in the winter. Daily rentals of $89-$99/night $119/weekend in the summer. Monthly rentals $750/month.
Details
| MLS# | 5673024 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1960 |
| Days On Site | 106 |
Features
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| Area Information | |
|---|---|
| State | MN |
| County | Hubbard |
| City | Park Rapids |
| Zip Code | 56470 |
| Listing VS Median (in 56470) | |
Price: $399,000 low | high Med: $67,400 On Site: 106 low | high Med: 329 | |
Listing Updated: December 21, 2020 12:57:59 PM PST
MLS Number: 5673024Listing Provided By:
Brian Halik of Wolff Simon Real Estate