For Sale
$2,950,000

521 Willow Dr Long LkMinneapolis, MN 55411

41-Room Motel, Excellent Location

Overview

Added:
Dec 11, 2024
Days on market:
119
This exceptional 41-room motel presents a lucrative investment opportunity in Minneapolis, Minnesota. Situated on a 0.97-acre lot at 521 North Willow Drive, Long Lake, MN 55356 (zip code 55411), this two-story property boasts a desirable B-4 zoning classification. The asking price is $2,950,000. The motel offers a range of attractive amenities designed to enhance guest experiences and maximize occupancy rates. These include complimentary breakfast, Wi-Fi, and parking, along with the convenience of mobile check-in. Further enhancing its appeal are an indoor pool and meeting rooms, catering to both leisure and business travelers. Pet-friendly accommodations broaden the potential guest base. Ample off-street parking is available with 38 spaces provided for guests. This well-appointed motel is strategically located in Hennepin County, offering easy access to local attractions and businesses. The property's strong features and prime location make it an ideal acquisition for investors seeking a high-return hospitality investment in the thriving Minneapolis market. This is a rare opportunity to acquire a well-established and profitable motel with significant upside potential. The property is ready for immediate operation and offers a solid foundation for continued growth and success.

Highlights

  • 41-room motel in Long Lake, MN (near Minneapolis) on a 0.97-acre lot, asking $2,950,000.
  • Desirable B-4 zoning.
  • Amenities include complimentary breakfast, Wi-Fi, parking, mobile check-in, indoor pool, and meeting rooms.
  • Pet-friendly with 38 off-street parking spaces.
  • Strong location in Hennepin County with easy access to local attractions and businesses.

Property Details for 521 Willow Dr Long Lk

Property type
Hospitality properties, Motels
Stories
2
Lot Size (sq. ft)
42,253 SF

Location Insight

City
Minneapolis
County
Hennepin
State
Minnesota
Latitude
44.9944872
Longitude
-93.2983975
521 Willow Dr Long Lk, Minneapolis, Minnesota

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521 Willow Dr Long Lk
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