Listing Agency: NAI Sioux Falls d***@naisiouxfalls.com Show Phone

Listed By: Dale Zomer · License #SD 16458

Source: Crexi

Added: Apr 13 Changed: Aug 31 Last Checked: Aug 30 at 7:45PM

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Investment Insights

Based on property information with market context.

The property comprises two branded lodging operations: Super 8 by Wyndham and Econo Lodge by Choice Hotels. The combined hotel offering is identified at 1202 S - 801 S. Kniss Ave in Luverne, Minnesota.

Available property information is limited to the hotel brands and address, but the asset is classified as a hotel property within the hospitality sector.

Key Highlights

• Super 8 by Wyndham and Econo Lodge by Choice Hotels included
• Combined property at 1202 S - 801 S. Kniss Ave, Luverne, MN 56156
• Classified as a hotel and hospitality property

Property Analytics

Property Profile

Current Use

U-Haul Neighborhood Dealer Car Rental Facility Super 8 by ... Hotel & Motel The Bull Pen Sports ... Restaurant

Suggested Use

Top Pick Building Supply HVAC Service (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Electrical Service Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

86

Businesses Nearby

Explore this area Business Placement

Demographics for 56156, MN

6,270

Population

2,756

Households

2.3

Avg Household Size

42

Median Age

28%

College-Educated

94%

High-School Grad

166.9 sq mi

ZIP Area

38

Density / Sq Mi

$75,234

Median Household Income

$42,706

Median Earnings

$726

Median Rent

$200,900

Median Home Value

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Frequently Asked Questions

What type of property is this?

Hotel - Two established hotel brands occupy the combined property on South Kniss Avenue.

Where is this hotel located?

The property is located at 1202 S - 801 S Kniss Ave Luverne, MN.

What are key features of this property?

This property features: Super 8 by Wyndham and Econo Lodge by Choice Hotels included; Combined property at 1202 S - 801 S. Kniss Ave, Luverne, MN 56156; Classified as a hotel and hospitality property