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Active
$1,300,000
/mo Edit
Commercial:  Other
Built 1994
117 acres
Grand Rapids schools
MLS# 6404632
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    Property Description

    The property is set on 117 acres in Harris Township and is a 9-minute drive to historic downtown Grand Rapids. Built in 2004, the primary buildings on the property include a 50, 000 sq ft hotel/event space and an 8, 000 sq ft restaurant. There are 40 hotel rooms, including 7 suites with kitchens and 8 other suites. It has an indoor pool, sauna, and several spaces for other amenities. The event space is 14, 000 sq ft, which includes a 7, 000 sq ft grand ballroom. The kitchen in the restaurant and in the event space are largely intact with several appliances that can be salvaged. While these two buildings sit on about 8 acres of the property, there is an additional 50+ acres that could be developed as an R/V Park, camping, housing or even a small executive golf course! 9 acres with private road frontage was previously approved as a housing development. The buildings require renovation. All building measurements are approximate. Flexible closing and owner financing is possible.

    Listing

    Contingency: None
    City: Harris Twp
    County: Itasca
    State: MN
    Property Style: Other
    Zip Code: 55744

    Exterior

    Garage Spaces: 0
    Other Parking Spaces: 100
    Foundation Size: 35,070 ft2
    Handicap Accessible: None
    Heating System: Other
    Parking Features: Parking Lot
    Exterior Material: Log Siding

    Lot & Land

    Acres: 117
    Geolocation: 47.16848600, -93.48910600
    Inclusions: Building, Fixture/Equipment, Land
    Lot Dimensions: Irregular
    Addl Parcels: 100104101, 190104100
    Zoning: Business/Commercial

    Schools

    School District: 318
    District Phone: 218-327-5704

    Financial & Taxes

    Tax Year: 2023
    Annual Taxes: $18,363
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $18,588

    Units

    Total Units: 2

    Miscellaneous

    Current Use: Vacant
    Fuel System: Other
    Sewer System: Septic System Compliant - No
    Available Utilities: Electric Separate
    Water System:
    • Drilled
    • Well

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    Local Home Mortgage Professionals

    651-253-2144
    Jason & Kim Stone
    Branch Manager & Co-Branch Manager
    Fairway Mortgage    NMLS#1018649
    Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.

    Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.

    Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
    It would be our pleasure to assist you with your home purchase!

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    Listing provided by RMLS, courtesy of MN DIRECT PROPERTIES.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.