1127 Lakeshore Dr, Lake City, MN 55041
- Motels
Current Use by Public Records
- John Hall's Alaska / Travel Agency / Tour Operator
- John Hall's Alaskan Lodge / Hotel & Motel
Property Details for 1127 Lakeshore Dr
- Property type
- Motels
Description
Exceptional investment opportunity awaits with the acquisition of John Hall's Alaska Lodge, a well-established motel situated in the charming lakeside town of Lake City, Minnesota. This 11-key property boasts 9 charming motel units consistently achieving near 100% occupancy during peak summer months, ensuring a strong revenue stream. The property also includes two expansive suites, one serving as an owner's suite and another located on the east end, offering a unique lodge-style experience. These larger units, never previously included in the rental pool, present a flexible option: they can be rented as larger units for nightly or weekly stays, or potentially developed and sold separately as vacation homes. The distinctive A-frame chalet design of these suites adds a touch of elegance and caters to the needs of larger groups or families. The property sits on a substantial 27,442 square foot lot. An existing office lease is currently in place, offering additional income potential. The current owner is open to leasing back a portion or all of the office space. This turnkey hospitality business presents a rare chance to own a profitable and well-maintained motel in a desirable location near Lake Pepin and the Mississippi River. Financial details are available upon request. This is an ideal opportunity for both seasoned investors and aspiring entrepreneurs seeking a unique and rewarding venture in the heart of Minnesota's lake country.
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Location Insight
- Map
- Local Demand
- City
- Lake City
- County
- Goodhue
- State
- Minnesota
- Longitude
- -92.27901704
- Latitude
- 44.45754905
