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29364460
29363742

406 Main Avenue NE, Warroad, MN 56763

JP
MN 40661082
Pahlen Realty
Pahlen Realty
Listed by Pahlen Realty
$3,500,000
134 days on market
Updated 134 days ago

Can Am Inn

Details
APN 56.0198612
Property Type Hospitality
Sub Type Hotel
Square Footage 20,627
Keys 41
Brand/Tenant Can Am
Price per SqFt $170
Year Built 1993
Year Renovated 2017
Buildings 1
Stories 2
Lot Size (SqFt) 109,989
Parking Spaces 50 spaces
Parking Per SqFt 2.42
Investment Type Stabilized
Ownership Fee Simple

41-key, Limited-Service Hotel located in Warroad, Minnesota.

Marketing description

The Offering consists of the opportunity to acquire a 41-key, limited-service hotel located in Warroad, Minnesota.

Details:

  • 41-key limited-service hotel

  • Two-story frame construction

  • Built in 1993; recent substantial renovation updates & detailed ongoing maintenance

  • Well-maintained asset with no notable material deferred maintenance

  • Recent capital improvements include new roof & siding in 2017, new HVAC and water softeners, new security system and significant guest room updates including beds, tv’s, linens, vanities and flooring.

  • Property is not anticipated to require any significant near-term capital expenditures

Guest Rooms & Other Spaces:

Efficient, standardized guestroom layouts

(36) Double Queen Rooms

(2) Double ADA Rooms

(1) 4 Queen Suite

(1) Owner Suite

(1) Overnight Employee Room

Office/Front Desk Check-In Area

Private Kitchen

Clean, organized storage spaces

Amenities:

  • Ample parking lot w/ electric pedestals

  • Guest Laundry Room w/ Coin Operated Washers & Dryers

  • Fire Alarm & Sprinkler System

  • Vending Machine; Ice Machine; ATM Machine

  • High visibility location off State Highway 11

Financials available upon execution of a Confidentiality and Non-Disclosure Agreement.

Investment highlights

Financials available upon execution of a Confidentiality and Non-Disclosure Agreement.

Listing Contacts

JP
MN 40661082
Pahlen Realty
Pahlen Realty
Listed by Pahlen Realty

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Additional Information

Name
Jennessa Pahlen
License
40661082
Brokerage
Pahlen Realty, Inc
Brokerage Phone
218-386-1800
Title
Real Estate Salesperson
Brokerage Address
59516 Minnesota 11
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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