$140,000

605 US Highway 75, Lake Benton, MN 56149

Save Contact

$140,000

(10,000) 10/11/2024

Courtesy: Edina Realty, Inc. Listed by: Edina Realty, Inc.

605 US Highway 75 Lake Benton, MN 56149 - Benton

For Sale MLS# 6474262

3,582 sq ft Commercial

Courtesy: Edina Realty, Inc. Listed by: Edina Realty, Inc.

Comments

Notifications

To receive email notifications, you need to update your profile with your email address.
Data current as of 27/01/2025 18:45:43

Details for 605 US Highway 75

MLS# 6474262

Description for 605 US Highway 75, Lake Benton, MN, 56149 - Benton


The rolling bluffs of the Buffalo Ridge are the setting for income producing opportunities. Located at the junction of HWY 14 and 75, overlooking the shores of Lake Benton and near the entrance to Hole in the Mountain County Park, you will find all of your outdoor recreation needs at your fingertips. This eight room motel has been recently renovated. In addition to the motel, there is also a detached four bedroom home, two RV hook-ups, and plenty of parking. This property is the ideal set-up for someone wanting to capitalize on vacation rental platforms. Don’t let this business adventure pass you by, contact us today.

Listing Information


Property Type: Commercial, Business Opportunity,Office,Other

Status: Active

Bedrooms: 8

Bathrooms: 8

Lot Size: 0.41 Acres

Square Feet: 3,582 sq ft

Year Built: 1920

Foundation: 974 sq ft

Garage: Yes

Stories: 2 Stories

Subdivision: Lake Benton

Number Of Units Total: 10

Current Use: Hotel/Motel,Office,Residential

County: Lincoln

Days On Market: 386

Construction Status: Previously Owned

School Information


District: 404 - Lake Benton

Interior Features


Appliances: Microwave, Range, Refrigerator

Flooring: Vinyl/Linoleum,Wood

Basement: Partial, Poured Concrete

Doors/Windows: Drapes

Accessibility: Partially Wheelchair, Other

Utilities


Water: City Water/Connected

Sewer: City Sewer - In Street

Other Utilities: Heating Common

Cooling: Wall, Window

Heating: Electric, Forced Air, Baseboard, Natural Gas

Exterior / Lot Features


Garage Spaces: 1

Open Parking: 15

Parking Description: Parking Lot, Detached Garage, Garage Dimensions - 16x16, Garage Door Height - 7, Garage Door Width - 9, Garage Sq Ft - 256.0

Exterior: Vinyl, Wood

Roof: Metal, Age Over 8 Years, Asphalt Shingles

Lot View: East

Lot Dimensions: 115 x 215

Zoning: Business/Commercial,Lot

Additional Exterior/Lot Features: Land Inclusions - Building,Business,Business Assets,Fixture/Equipment,Inventory,Land,Other, Road Frontage - City

Waterfront Details


Standard Water Body: Benton

DNR Lake ID: 41004300

Water Front Features: Lake View

Lake Acres: 2,699

Lake Depth: 9 Ft.

Lake Bottom: Soft

Road Between Waterfront And Home: 1

Waterfront Slope: Gradual

Unit Information


Unit 1 Baths Total: 1

Unit 1 Beds Total: 1

Unit 1 Rooms Total: 1

Unit 2 Baths Total: 1

Unit 2 Beds Total: 1

Unit 2 Rooms Total: 1

Unit 3 Baths Total: 1

Unit 3 Beds Total: 1

Unit 3 Rooms Total: 1

Unit 4 Baths Total: 1

Unit 4 Beds Total: 1

Unit 4 Rooms Total: 1

Unit 5 Baths Total: 1

Unit 5 Beds Total: 1

Unit 5 Rooms Total: 1

Unit 6 Baths Total: 1

Unit 6 Beds Total: 1

Unit 6 Rooms Total: 1

Driving Directions


Go north out of Lake Benton on Hwy. 75 and the motel will be on the West side of road.

Financial Considerations


Other Annual Tax: $3,134

Tenant Pays: None

Owner Pays: Broadband,Electric,Insurance,Janitorial,Lawn,Maintenance/Repair

Tax/Property ID: 190541000

Tax Amount: 4596

Tax Year: 2023

HomeStead Description: Homesteaded

Price Changes


$160,000 Original Price
$140,000 Current Price
-$20,000 Total Change
Date Price Change
10/11/2024 03.58 PM $140,000 -$10,000
08/04/2024 07.40 PM $150,000 -$5,000
04/03/2024 09.36 AM $155,000 -$5,000
01/09/2024 02.29 PM $160,000
Property price
$
Down payment
$
%
Select Interest Rate
%
Loan term
Property taxes
$
/yr
HOA dues
$
/mo
Homeowners insurance
$
/yr
$0/yr
Show advanced features

Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.

Sales History

Date Price Change
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
Currently not available.

Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

Schools nearby 605 US Highway 75

Schools in attendance boundaries Grades Distance Rating
Loading...


Schools nearby Grades Distance Rating
Loading...

Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

SchoolDigger ® Rating

The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.

Coming soon properties will soon be on the market, but are not yet available for showings.

Loading...