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1515 N Lakeshore Drive Lake City, MN 55041

$599,000

Commercial 14,500 square feet Taxes: $12,456.00 MLS #: 4077239

Description of 1515 N Lakeshore Drive Lake City, MN 55041

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''. Property includes F, F & E to be verified by Buyers agent. Real estate taxes for house ($2,408.00) are not included in the $10,048.00 real taxes shown in the listing information.

Directions to 1515 N Lakeshore Drive Lake City, MN 55041

Take Hwy 63 North from Downtown Lake City approximately 15 blocks. Property is on the left.

Features of 1515 N Lakeshore Drive Lake City, MN 55041

  • School district: Lake City #813
  • Central air
  • Baseboard heat
  • Forced air heat
  • Window unit air conditioner
  • Detached garage
  • Vinyl siding
  • Wood exterior
  • Lot acreage is: 0.90
  • Lot dimension is: 141 x 280
  • Present use: Hotel/Motel
  • Asphalt shingle roof
  • Asphalt driveway
  • Concrete driveway
  • City water
  • Sewer Type: City
  • Units in building(s): 27
  • Total square feet: 14500
  • For sale


Courtesy of: Shaymar, Inc

Mortgage Payments for 1515 N Lakeshore Drive, Lake City, MN 55041

The approximate monthly Principal & Interest payment for this property would be $3,596. This payment is based on a 30-year loan at a fixed rate of 3.95 % with a down payment of $59,900. Actual lender interest rates and loan programs may vary.

Use our Mortgage Payment Calculator to determine a more exact payment estimate, or Contact a Gerrard-Hoeschler REALTORS Real Estate Agent.

HOMES FOR SALE NEARBY of 1515 N Lakeshore Drive Lake City, MN 55041

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RECENT SALES NEARBY of 1515 N Lakeshore Drive Lake City, MN 55041

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