Hotel Property with Manager
For Sale
$899,000
1923 Dover St, Worthington, MN 56187
Three-building hospitality property with 36 furnished rooms and an attached office.
Property Size2,921 SF
Price / SF$307.77
Days on Market13
Property Features for 1923 Dover St
General Information
Standard status
Active
Size
2,921 SF
Additional Details
Furnished
Yes
Multifamily Units
36
Building Details
Year Built
1963
Buildings
3
Listing Agency:
Re/Max Premier Realty
(507) 370-0084
Listed By:
Virginia Drost
Source:
Vibemn
Added: Aug 16
Changed: Aug 28
Last Checked: Aug 26 at 7:30AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Re/Max Premier Realty
Investment Insights
Based on property information with market context.
This hotel property comprises three buildings and 36 furnished rooms designed for short- or long-term occupancy. Each room includes a stove, refrigerator, microwave, dresser, and bed, along with its own heating and air-conditioning system. Recent updates have been completed within the last two years.
The property also includes a three-bedroom manager’s suite with a kitchen, living room, bathroom, and basement. An attached two-car garage provides additional functionality, while an office is connected to the front building. The manager’s suite may also be rented to tenants. Located at 1923 Dover St in Worthington, Minnesota, the property offers a combined lodging and residential configuration.
The property also includes a three-bedroom manager’s suite with a kitchen, living room, bathroom, and basement. An attached two-car garage provides additional functionality, while an office is connected to the front building. The manager’s suite may also be rented to tenants. Located at 1923 Dover St in Worthington, Minnesota, the property offers a combined lodging and residential configuration.
Key Highlights
- 36 furnished rooms with stoves, refrigerators, microwaves, dressers, and beds
- Each room has its own heat and AC source
- Three‑building hotel configuration supports short- or long‑term occupancy
Property Analytics
Property Profile
Current Use
Lease Details
36
Residential units
Location Intelligence
Trade Area within ½ mile
231
Businesses Nearby
Explore this area
Business Placement
Demographics for 56187, MN
15,312
Population
5,453
Households
2.8
Avg Household Size
33
Median Age
19%
College-Educated
71%
High-School Grad
168.7 sq mi
ZIP Area
91
Density / Sq Mi
$63,637
Median Household Income
$38,520
Median Earnings
$889
Median Rent
$193,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Hotel - Three-building hospitality property with 36 furnished rooms and an attached office.
Where is this hotel located?
The property is located at 1923 Dover St Worthington, MN.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: 36 furnished rooms with stoves, refrigerators, microwaves, dressers, and beds; Each room has its own heat and AC source; Three‑building hotel configuration supports short- or long‑term occupancy
