Ada, MN 56510,502 W THORPE AVE
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Ada, MN 56510,502 W THORPE AVE
Ada, MN 56510,502 W THORPE AVE
Ada, MN 56510,502 W THORPE AVE
Ada, MN 56510,502 W THORPE AVE

$290,000

Est. payment /mo

$290,000

Est.Price: ?

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502 W THORPE AVE Ada, MN 56510

0.96 Acres Lot

SOLD DATE : 04/17/2023

Key Details

Sold Price $290,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 7360690

Sold Date 04/17/23

Year Built 1962

Annual Tax Amount $7,100

Tax Year 2023

Contingent None

Lot Size 0.960 Acres

Acres 0.96

Property Description

This is a great opportunity to own an income producing small town fully furnished motel. This motel can be operated remotedly due to automated locks and systems put in place. This motel offers 18 rooms for guests. 2 rooms are all term apartment style rooms. Automated locks throughout. New Linens in all rooms. Laundromat attached to the east building. RV/Camper Hook-ups. Perfect if an owner would like to live on property. This motel gets traffic from all small towns around the area for concerts, fairs, rodeos, races, snowmobiling seasons, ice fishing, and motorcycling.

Location

State MN

County Norman

Rooms

Basement Slab

Interior

Cooling None

Fireplace No

Exterior

Garage None

Roof Type Asphalt

Building

Story One

Level or Stories One

Schools

School District Ada-Borup

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Listed by Kelly Mullaney • Park Co., REALTORS®

Brian Leneweaver

Agent | License ID: 94076-WI

+1(612) 208-3859

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