Building Details

Year Built 1955

Year Renovated 2018

Listing Agency: SVN Northco Real Estate Services F***@SVN.COM Show Phone

Listed By: Frank Jermusek · License #20587652

Source: Crexi

Added: Mar 5 Changed: Aug 8 Last Checked: Aug 19 at 7:35AM

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Investment Insights

Based on property information with market context.

This resort property, located in Fairmont, MN, features lakefront cabins and boat rentals. The property offers commercial real estate and hospitality opportunities. The property size is 4,104 square feet. The resort is offered for sale and has a cap rate of 11.47%.

Key Highlights

• 11.47% Cap Rate
• Resort For Sale
• MN Lakefront Location

Property Analytics

Property Profile

Current Use

Hall Lake Cabins ... Vacation Rental

Suggested Use

Top Pick Building Supply Real Estate Agency Law Firm Restaurant Hair Salon Garden Center

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

40

Businesses Nearby

Explore this area Business Placement

Demographics for 56031, MN

12,117

Population

5,771

Households

2.1

Avg Household Size

44

Median Age

26%

College-Educated

95%

High-School Grad

156.3 sq mi

ZIP Area

78

Density / Sq Mi

$61,373

Median Household Income

$43,168

Median Earnings

$719

Median Rent

$175,600

Median Home Value

Questions? Ask Rey

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What type of property is this? Where is this resorts located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Resort - Resort with cabins and boat rentals, 11.47% cap rate.

Where is this resort located?

The property is located at 2410 Albion Ave Fairmont, MN.

What is the asking price?

The asking price for this property is $595,000.

What are key features of this property?

This property features: 11.47% Cap Rate; Resort For Sale; MN Lakefront Location