27102 Mn-78 Battle Lake, MN 56515
- Hospitality properties
- 350 SF
- 22.00 lot acres
Current Use by Public Records
- Hospitality properties
Property Details for 27102 Mn-78
- Year built
- 1946
- Lot size
- 22.00 lot acres
- Property size
- 350 SF
- Property type
- Hospitality properties
- Property subtype
- Motels
Description
Nestled in Otter Tail County, Minnesota, Madsen's Resort presents a unique investment opportunity. This established 15-cabin motel, built in 1946, sits on a 22-acre lot (10 acres resort, 12 acres adjacent farmland) with 400 feet of sandy beachfront along MN-78. Each cabin offers between 350 and 650 square feet. The property consists of 16 buildings, all single-story structures. The asking price is $3,600,000. This charming resort offers significant expansion potential. The additional 12 acres of farmland provide opportunities for diversification, such as developing a campground, RV park, or other ventures. The existing resort could be expanded by adding more cabins or redeveloped as a Common Interest Community (CIC). This property presents a compelling opportunity for growth and profitability in a scenic Minnesota lakeside setting. The property's location in Battle Lake, MN, zip code 56515, offers easy access to local amenities and attractions. This is a rare chance to acquire a well-established resort with substantial room for expansion and increased revenue streams. Seller financing is open to discussion.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Battle Lake
- County
- Otter Tail
- State
- Minnesota
- Longitude
- -95.6659
- Latitude
- 46.3581
