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1915 Highway 59 S
Thief River Falls, MN 56701

Price Upon Request

Hotel For Sale  •  21,162 SF

Property Details

  • Property Type Hotel
  • Total Building Size 21,162 SF
  • Lot Size 1.74 AC
  • Building Class C
  • Year Built 1974
  • Zoning Commercial
0 Transit Score
28 Walk Score

Highlights

44 units, single-story, interior corridor
Priced at $25,000/key
2024 room revenue: $846,019.13
2023 room revenue: $1,135,433.64
Heavily discounted franchise fees - can be transferred to new owner with minimal to no PIP
Absentee managed

Major Tenants

Tenant SF Occupied Lease End Date
Krishna Hospitality Inc

Amenities

  • Business Center
  • Pool
  • High Speed Internet Access
  • Meeting Event Space
  • Public Access Wifi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 97
Type: Surface
Included in Rent: Yes