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$2,300,000

  • For Sale
  • Active
  • Commercial
  • 0.59 Acres
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Former Springs Inn Motel, recently burned. The site still has debris that needs to be removed. Great location for condos or townhomes with a commercial lower level. Location offers a river view, very nice spot for a new hotel, condos or townhomes! City wants to see it developed! Bring all offers! The building is no longer standing, just the debris from fire. Seller is currently working on the clean up.

Full Property Details for 361 Government St

General

  • Price: $2,300,000
  • Taxes: $12,450 (2024)
  • Status: Active
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 6734289
  • Updated: 7/14/2025
  • Added to Site: 216 day(s) ago

Parking

  • Parking Features: Parking Lot

Location

  • County: Chisago
  • Subdivision: Taylors Falls
  • Driving Directions: HWY 8 TO DOWNTOWN TAYLORS FALLS. LEFT AT STOPLIGHT. UP ON THE HILL

School Information

  • School District: 2144 - Chisago Lakes
  • High School District: Chisago Lakes

Heating & Cooling

  • Heating Type: None
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)
  • Utility Description: Electric Common

Structural Information

  • Exterior Const.: Other
  • Foundation Size: 1
  • Disability Access: None
  • Current Bldg. Use: Other
  • Year Built: 1976

Lot Features

  • Lot Size (Acres): 0.59
  • Lot Dimensions: 197 x 104 x 165 x 190
  • Potential Use: Motel/Hotel
  • Zoning: Business/Commercial

Financial Considerations

  • Tax Amount: $12,450
  • Tax Year: 2024

Disclosures and Reports

  • Legal Description: ALL THAT PT OF PT OF LOTS 7 8 9 & 10 BLK 34 LYG N'LY OF ST ST TRUNK HWY NO. 46 & W'LY OF A LINE DESC AS FOL:A STRAIGHT LINE RUN N'LY & S'LY PARA WITH 60 FT W'LY OF NPR CO BRIDGE WHICH LIES OR WHICH IS SITUATED ON E SIDE OF SAID BLK 34. ALSO THAT PT O F LOT BLOCK 034 LOT 007 SUBDIVISIONCD 20010 SUBDIVISIONNAME TAYLORS FALLS SECTION 25 TOWNSHIP 034 RANGE 019
  • Inclusions: Land
  • Property ID: 200025400

Listed by LPT Realty, LLC

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Listing agent

— 361 Government St —

  • LPT Realty, LLC

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NMLS#: 1598647

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NMLS#: 1598647

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with our affiliated in-house agency

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 361 Government St

School District:Chisago Lakes School District
NameGradesDistance
Taylors Falls Elementary School
648 West Street, Taylors Falls, MN 55084
PK-50.4 mi
Chisago Lakes Middle School
13750 Lake Boulevard, Lindstrom, MN 55045
6-88.5 mi
Chisago Lakes Senior High School
29400 Olinda Trail, Lindstrom, MN 55045
9-129.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 361 Government St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/17/2025
Listed
$2,300,000
995.24%
MLS
5/01/2017
Sold
$210,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 361 Government St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$16,040
29%
$559,700
19%
2023
$12,450
7%
$471,500
11%
2022
$11,618
56%
$426,500
71%
2021
$7,434
-6%
$249,400
-3%
2020
$7,882
—
$257,400
100%
2021
$7,882
2%
100%
2020
$7,758
100%
100%
2017
$3,873
—
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by LPT Realty, LLC

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361 Government Street, Taylors Falls, MN 55084 (MLS# 6734289) is a Commercial property. 361 Government Street is currently listed for $2,300,000 and was received on June 17, 2025. Want to learn more about 361 Government Street? Do you have questions about finding other Commercial real estate for sale in Taylors Falls? You can browse all Taylors Falls real estate or contact a Coldwell Banker agent to request more information.

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