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    201 State Road 16 Rushford, MN 55971

    For Sale
    $1,659,900

    Profitable MN Motel, Bike Trail Access

    Property size:
    12,996 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    The Rushford Inn, a 20-unit motel built in 2013, presents a unique investment opportunity in Rushford, Minnesota. Situated on a 1.7-acre lot at 201 State Rd 16, this property boasts 12,996 square feet of space and enjoys a prime location directly on a 60-mile bike/hike trail spanning Houston and Fillmore counties. Each of the 20 guest units features either queen or king-sized beds and a distinct design incorporating both interior and exterior access doors, allowing guests convenient parking directly outside their rooms. A modern lobby is complemented by an attached one-room apartment, ideal for an on-site manager. Adding to the income potential, a meeting room attached to the rear of the building is currently leased to local businesses and organizations. Furthermore, a cafe located at the back of the building, facing the popular bike/hike trail, offers additional revenue streams, either through operation as a motel cafe or via separate lease. The property's consistently high ratings for cleanliness and friendly service underscore its strong reputation and potential for continued success. This turnkey operation is priced at $1,659,900 and represents an attractive addition to any investment portfolio. The property's strategic location and diverse income streams make it a compelling investment opportunity.

    Property Features for 201 State Road 16

    General Information

    Property type
    Other commercial real estate
    Square Feet
    12,996 SF
    Lot Size
    74,052 SF

    Building Details

    Year Built
    2013
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rushford
    County
    Fillmore
    State
    Minnesota
    Longitude
    -91.7641
    Latitude
    43.8053

    Nearby Comparable

    • $225,000
      6,650 SF

      100 Jessie St, Rushford, MN 55971

      Commercial real estate • 6,650 SF
      100 Jessie St, Rushford, MN 55971
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    • $89,900
      0.07 Acres

      Commercial Property in Peterson, MN

      Commercial property in ideal location near Root River and bike trail.
      318 Mill St, Peterson, MN 55962
      View Details
    • $134,000
      1,600 SF

      318 Mill St, Peterson, MN 55962

      Commercial real estate • 1,600 SF
      318 Mill St, Peterson, MN 55962
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    Nearby Similar for Sale

    • $225,000
      6,650 SF

      100 Jessie St, Rushford, MN 55971

      Commercial real estate • 6,650 SF
      100 Jessie St, Rushford, MN 55971
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    FAQs

    What type of property is this?
    Commercial real estate - Profitable MN Motel, Bike Trail Access
    Where is this commercial real estate located?
    The property is located at 201 State Road 16 Rushford, MN.
    What is the asking price?
    The asking price for this property is $1,659,900.
    (507) 424-4422
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    201 State Road 16 Rushford, MN 55971
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