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1515 Lakeshore Drive, Lake City, MN 55041

$599,000

  • For Sale
  • Active
  • Commercial
  • 14,500 Sq. Ft.
  • 0.9 Acres
1515 Lakeshore Drive, Lake City, MN 55041View this property at 1515 Lakeshore Drive, Lake City, MN 55041
1515 Lakeshore DriveLake CityMN55041

Property Description

Sale consists of 2 PIDs: Motel PID 541000560 as indicated in the listing and house PID 541000570. This is a prime location which includes the hotel business which has a long history of serving Lake City travelers, sportsman and visitors. Building with hotel office has two apartments, managers quarters, laundry and storage area. Buyers agent to confirm measurements. Property sold ''as-is''.

Full Property Detailsfor 1515 Lakeshore Drive

General

  • Price: $599,000
  • Taxes: $12,456 (2016)
  • Status: Active
  • Type: Commercial
  • MLS ID: 4077239
  • Updated: 10/2/2017
  • Added: 424 day(s) ago

Property History

  • 1515 Lakeshore Drive, Lake City, MN
  • Reduced to $599,000 on 10/2/17
  • Listed at $630,000 on 2/22/17

Business

  • Name: Sunset Motel
  • Includes: Building, Business, Business Assets, Land

Parking

  • Garage: Yes
  • Parking: Detached Garage, Asphalt Driveway, Concrete Driveway, Shared Driveway, Shared Parking

Location

  • County: Goodhue
  • Driving Directions: Take Hwy 63 North from Downtown Lake City approximately 15 blocks. Property is on the left.

School Information

  • School District: Lake City #813

Heating & Cooling

  • Cooling Type: Central, Wall, Window Air Conditioning
  • Heating Type: Baseboard, Forced Air, Space/Wall Heater
  • Heating Fuel: Electricity, Natural Gas

Utilities

  • Sewer: City
  • Water: City

Structural Information

  • Foundation Size: 6665
  • Roof: Asphalt Shingles
  • Square Feet: 14,500
  • 2nd Level: 4,900 Sq. Ft.
  • Main/1st Level: 7,300 Sq. Ft.
  • Down/Basement: 2,300 Sq. Ft.
  • Finished Above Grnd: 8,895 Sq. Ft.
  • Current Bldg. Use: Hotel/Motel

Lot Features

  • Lot Size (Acres): 0.9
  • Lot Dimensions: 141 x 280
  • Frontage: City Street, US Highway

Water Features

  • Water Front Name: None

Financial Considerations

  • Tax w/Assessment: $12,456
  • Tax Amount: $12,456
  • Tax Year: 2016
  • Terms: Cash, Conventional

Disclosures and Reports

  • Legal Description: AUDITORS SUBD DOC#573856 LOTS 4 9 & 10 BLK 8 & SELY 9FT OF LOTS 3 & 8 PT VAC ALLEY ID# 4-0100-07200
  • Property ID: 541000560

Listed by Shaymar, Inc

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Schools

Schoolsserving 1515 Lakeshore Drive

School District:Lake City Public School District
School Name
Grades
Distance
Bluff View Elementary School
1156 Lakewood Avenue, Lake City, MN 55041
PK-6
1.7 mi
Lincoln High School, Lake City, MN
300 S Garden, Lake City, MN 55041
7-12
1.3 mi
Disclaimer: School data provided by Pitney Bowes. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.

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Community Info

Community Infofor 1515 Lakeshore Drive

Listed by Shaymar, Inc

1515 Lakeshore Drive, Lake City, MN 55041 (MLS# 4077239) is a Commercial property. 1515 Lakeshore Drive is currently listed for $599,000 and was received on February 22, 2017. Want to learn more about 1515 Lakeshore Drive? Do you have questions about finding other Commercial real estate for sale in Lake City? You can browse all Lake City real estate or contact a Coldwell Banker agent to request more information.