Building Details

Building Size 35,974 SF

Year Built 1997

Stories 2

Units 60

Listing Agency: Fazendin REALTORS s***@rmneighbors.com Show Phone

Listed By: Sandra J Russen Show Phone

Source: Ivyrealestategroup

Added: May 14, 2025 Changed: Aug 10 Last Checked: Aug 11 at 2:56PM

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Investment Insights

Based on property information with market context.

This two-story motel contains 60 guest rooms and includes updated room interiors, refreshed finishes, new heating systems, and resurfaced parking. The property also provides a 2-bedroom manager’s apartment, coin laundry, an ice machine, a breakfast bar, and a lobby with meeting space. Zoning is Business/Commercial, and the property was built in 1997.

The motel is positioned at 845 US 212 W in Granite Falls, Minnesota, on US Highway 212 in the city’s Hwy Business District. Its setting on the west side of the district places it near downtown Granite Falls and the Minnesota River. The surrounding region includes Lac Qui Parle Lake, a state park, and hunting areas, while Granite Falls serves as the county seat of Yellow Medicine County.

Key Highlights

• 60‑room, two‑story motel at 845 US 212 W
• Updated rooms with refreshed finishes and new heating systems
• 2‑bedroom on‑site manager’s apartment

Property Analytics

Current Use

Motels

Lease Details

Turnkey business

Opportunity

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

2

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 56241, MN

3,903

Population

1,793

Households

2.2

Avg Household Size

44

Median Age

22%

College-Educated

89%

High-School Grad

145.9 sq mi

ZIP Area

27

Density / Sq Mi

$66,354

Median Household Income

$40,577

Median Earnings

$805

Median Rent

$154,500

Median Home Value

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Frequently Asked Questions

What type of property is this?

Motel - Updated guest rooms accompany an on-site management apartment and guest-service amenities.

Where is this motel located?

The property is located at 845 US 212 W Granite Falls, MN.

What is the asking price?

The asking price for this property is $1,400,000.

What are key features of this property?

This property features: 60‑room, two‑story motel at 845 US 212 W; Updated rooms with refreshed finishes and new heating systems; 2‑bedroom on‑site manager’s apartment